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Countries agree on new climate funding deal at UN talks in Baku

thestar.com — November 24, 2024, 01:04 AM UTC

Countries at the UN climate talks in Baku have agreed that wealthy nations will contribute at least $300 billion annually by 2035 to support developing countries facing climate change. This amount falls short of the $1.3 trillion requested by poorer nations. The new funding deal replaces a previous commitment of $100 billion per year established 15 years ago. The funds will be used for clean energy transitions, infrastructure improvements, and disaster preparedness in vulnerable communities. Negotiations were challenging due to geopolitical tensions and differing priorities among nations. Despite dissatisfaction with the agreement, delegates ultimately chose to compromise to secure a deal.

With a significance score of 6.1, this news ranks in the top 1% of today's 12884 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 8000 minimalists.

Timeline:

  1. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    <1h

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  2. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
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  3. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    <1h

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  4. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    <1h

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  5. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    <1h
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  6. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    2h
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  7. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    2h
    Source
  8. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    3h
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  9. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    4h

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  10. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    4h

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  11. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    4h
    Source
  12. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    5h
    Source
  13. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    5h
    Source
  14. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    6h
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  15. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    7h

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  16. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    7h
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  17. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    8h

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  18. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    8h
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  19. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    8h

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  20. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    9h

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  21. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    9h

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  22. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    9h
    Source
  23. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    9h
    Source
  24. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    9h
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  25. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    9h

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  26. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    9h

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  27. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    9h

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  28. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    10h

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  29. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    10h
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  30. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
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  31. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    10h

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  32. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    10h

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  33. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    11h

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  34. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    11h
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  35. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    11h

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  36. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    11h

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  37. [6.4]
    Countries reach funding agreement at UN climate talks to support developing nations (economictimes.indiatimes.com)
    11h

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  38. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    11h

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  39. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    11h

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  40. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    12h

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  41. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    12h

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  42. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    12h

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  43. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    12h

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  44. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    12h

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  45. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    12h

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  46. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    12h

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  47. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    12h

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  48. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    12h

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  49. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    12h

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  50. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    12h

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  51. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    12h

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  52. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    13h

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  53. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    13h

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  54. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    13h

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  55. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    13h

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  56. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    13h
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  57. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    13h

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  58. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    13h
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  59. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    13h

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  60. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    13h

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  61. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    13h
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  62. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    13h

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  63. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    13h

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  64. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    13h
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  65. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    13h
    Source
  66. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    13h

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  67. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    14h

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  68. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    14h

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  69. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    14h

    ScoresSource
  70. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    14h

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  71. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    14h

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  72. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    14h

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  73. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    15h
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  74. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    15h

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  75. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    16h

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  76. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    16h
    Source
  77. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    16h

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  78. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    17h
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  79. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    17h
    Source
  80. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    17h

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  81. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    17h
    Source
  82. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    17h
    Source
  83. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    17h
    Source
  84. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    17h

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  85. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    17h

    ScoresSource
  86. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    17h
    Source
  87. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    18h
    Source
  88. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    18h
    Source
  89. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    18h
    Source
  90. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    19h
    Source
  91. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    19h
    Source
  92. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    19h
    Source
  93. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    19h
    Source
  94. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    20h
    Source
  95. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    20h
    Source
  96. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    20h

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  97. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    20h

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  98. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    20h
    Source
  99. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    20h
    Source
  100. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    22h

    ScoresSource
  101. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    22h

    ScoresSource
  102. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    22h
    Source
  103. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    22h

    ScoresSource
  104. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    22h
    Source
  105. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    22h

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  106. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    23h

    ScoresSource
  107. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    23h

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  108. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 1h

    ScoresSource
  109. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 1h
    Source
  110. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 2h

    ScoresSource
  111. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 3h
    Source
  112. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 3h

    ScoresSource
  113. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 3h
    Source
  114. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 4h

    ScoresSource
  115. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 4h
    Source
  116. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 4h

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  117. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 5h

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  118. [3.8]
    Frustration grows over climate progress as COP29 in Baku highlights funding and fossil fuel concerns (euronews.com)
    1d 6h
    Source
  119. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 6h

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  120. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 6h

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  121. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 7h
    Source
  122. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 7h

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  123. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 8h

    ScoresSource
  124. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 8h

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  125. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 8h

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  126. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 9h

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  127. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 9h
    Source
  128. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 9h
    Source
  129. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 11h

    ScoresSource
  130. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 14h

    ScoresSource
  131. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 14h

    ScoresSource
  132. [5.6]
    Draft deal at COP29 calls for $250 billion in annual climate finance from wealthy nations (ndtv.com)
    1d 15h

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  133. [4.8]
    COP29 negotiator says $250 billion funding target needs improvement (news.yahoo.com)
    1d 16h
    Source
  134. [6.4]
    Draft deal at COP29 calls for rich nations to commit $250 billion annually by 2035 (economictimes.indiatimes.com)
    1d 16h

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  135. [4.5]
    COP29 talks extended as developing nations reject $250 billion climate finance offer (hindustantimes.com)
    1d 17h
    Source
  136. [4.9]
    Developing countries urged to reject insufficient climate finance proposal at Cop29 (theguardian.com)
    1d 17h
    Source
  137. [4.3]
    COP29 summit in Baku extends as climate finance negotiations stall (newsroom.co.nz)
    1d 18h
    Source
  138. [4.9]
    Baku climate talks extend as developing nations reject funding proposal (thehindu.com)
    1d 20h
    Source
  139. [4.7]
    Developing countries criticize $250 billion climate finance offer at COP29 (firstpost.com)
    1d 20h
    Source
  140. [5.5]
    Time running out for climate finance deal at COP29 as Canada calls for more support (globalnews.ca)
    1d 20h

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  141. [4.9]
    UN climate talks in Azerbaijan extend as nations debate funding and fossil fuel policies (theguardian.com)
    1d 22h
    Source
  142. [5.7]
    Draft climate funding deal at UN summit reveals divide between rich and poor nations (triblive.com)
    1d 22h

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  143. [5.4]
    UN climate summit proposes $250 billion deal for developing nations by 2035 (gazette.com)
    1d 23h

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  144. [5.7]
    Developing nations criticize $250 billion climate finance offer at Cop29 summit (theguardian.com)
    1d 23h

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