Critics slam Cop29 climate finance deal as inadequate for developing nations

theguardian.com November 24, 2024, 06:01 PM UTC

At Cop29, negotiators agreed to triple climate finance to poorer countries, pledging $300 billion annually, a significant increase from the previous $100 billion promise. However, this falls short of the $1.3 trillion requested by developing nations. Critics, including negotiators from India and Nigeria, labeled the deal a "travesty of justice," arguing it does not meet the urgent needs of vulnerable countries. They expressed concerns over the process, claiming it was rushed and lacked transparency. The deal has been met with disappointment from many developing nations, who feel their interests were overlooked. The least developed countries stated that the agreement undermines three years of negotiations and erodes trust in climate discussions.


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Timeline:

  1. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    <1h
    Source
  2. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    <1h

  3. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    <1h

  4. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    <1h

  5. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    <1h

  6. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    1h

  7. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    1h

  8. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    1h

  9. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    1h

  10. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    2h
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  11. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    2h
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  12. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    2h

  13. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    2h

  14. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    2h

  15. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    2h
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  16. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    2h
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  17. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    4h
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  18. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    4h

  19. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    5h

  20. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    5h

  21. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    5h

  22. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    5h

  23. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    6h

  24. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    6h
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  25. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    6h

  26. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    7h

  27. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    7h

  28. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    7h

  29. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    7h
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  30. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    7h

  31. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    9h
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  32. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    9h
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  33. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    9h
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  34. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    10h
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  35. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    11h
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  36. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    11h

  37. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    11h

  38. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    12h
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  39. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    12h
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  40. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    13h
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  41. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    14h

  42. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    14h
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  43. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    15h
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  44. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    15h

  45. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    15h

  46. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    16h

  47. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    16h
    Source
  48. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    16h

  49. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    16h

  50. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    16h
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  51. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    16h
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  52. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    16h

  53. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    16h

  54. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    17h

  55. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    17h

  56. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    17h

  57. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    17h

  58. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    17h
    Source
  59. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    18h

  60. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    18h

  61. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    18h
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  62. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    18h

  63. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    18h

  64. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    18h

  65. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    19h

  66. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    19h

  67. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    19h

  68. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    19h

  69. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    19h

  70. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    19h

  71. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    19h

  72. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    19h

  73. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    19h

  74. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    19h

  75. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    19h

  76. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    19h

  77. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    20h

  78. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    20h

  79. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    20h

  80. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    20h

  81. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    20h
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  82. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    20h

  83. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    20h

  84. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    20h

  85. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    20h

  86. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    20h
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  87. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    20h
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  88. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    20h
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  89. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    20h

  90. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    20h
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  91. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    20h

  92. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    21h

  93. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    21h

  94. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    21h

  95. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    21h

  96. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    21h

  97. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    21h

  98. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    22h
    Source
  99. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    22h

  100. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    23h
    Source
  101. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    23h

  102. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    23h

  103. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    24h

  104. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    24h

  105. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    24h
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  106. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    24h
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  107. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    24h
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  108. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    24h
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  109. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    24h
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  110. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    24h
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  111. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    24h

  112. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    1d 1h
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  113. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    1d 1h
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  114. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    1d 1h
    Source
  115. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    1d 2h
    Source
  116. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    1d 2h
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  117. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    1d 2h
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  118. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    1d 2h
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  119. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    1d 3h

  120. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    1d 3h
    Source
  121. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    1d 3h
    Source
  122. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    1d 3h

  123. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    1d 3h
    Source
  124. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    1d 3h
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  125. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 5h

  126. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 5h
    Source
  127. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 5h

  128. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 5h

  129. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 5h

  130. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 5h
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  131. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 6h

  132. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 6h

  133. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 8h
    Source
  134. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 8h

  135. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 9h

  136. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 10h

  137. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 10h
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  138. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 10h
    Source
  139. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 11h

  140. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 11h

  141. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 11h
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  142. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 12h

  143. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 13h

  144. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 13h

  145. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 14h
    Source
  146. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 14h

  147. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 15h

  148. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 15h

  149. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 15h

  150. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 16h
    Source
  151. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 16h
    Source
  152. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 16h

  153. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 18h

  154. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 21h

  155. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 21h

  156. [5.6]
    Draft deal at COP29 calls for $250 billion in annual climate finance from wealthy nations (ndtv.com)
    1d 22h

  157. [4.8]
    COP29 negotiator says $250 billion funding target needs improvement (news.yahoo.com)
    1d 23h
    Source
  158. [6.4]
    Draft deal at COP29 calls for rich nations to commit $250 billion annually by 2035 (economictimes.indiatimes.com)
    1d 23h