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New Zealand faces potential funding increase as COP29 sets climate finance target

odt.co.nz — November 24, 2024, 07:01 PM UTC

At COP29 in Baku, Azerbaijan, a new funding target was established for developed countries to support developing nations in reducing fossil fuel use. The target is set at $300 billion annually by 2035, which many attendees criticized as inadequate. New Zealand currently contributes $235 million per year, based on a previous target of $100 billion. Experts indicate that New Zealand's contribution will likely need to increase after 2026, when the current commitment ends. The overall goal for climate funding is $1.3 trillion annually, highlighting a significant gap. Many developing nations expressed concerns that the new target does not meet their needs for transitioning away from fossil fuels.

With a significance score of 5.7, this news ranks in the top 1% of today's 12481 analyzed articles.

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

Timeline:

  1. [5.5]
    COP29 climate deal faces backlash from developing nations and New Zealand activists (rnz.co.nz)
    1h

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  2. [4.1]
    EU president's absence at COP29 raises questions about climate commitment (express.co.uk)
    1h
    Source
  3. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    2h

    ScoresSource
  4. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    2h

    ScoresSource
  5. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    2h

    ScoresSource
  6. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    2h
    Source
  7. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    2h

    ScoresSource
  8. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    3h

    ScoresSource
  9. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    3h

    ScoresSource
  10. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    3h

    ScoresSource
  11. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    3h

    ScoresSource
  12. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    4h
    Source
  13. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    4h
    Source
  14. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    4h
    Source
  15. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    4h
    Source
  16. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    4h

    ScoresSource
  17. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    4h

    ScoresSource
  18. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    4h

    ScoresSource
  19. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    6h
    Source
  20. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    6h

    ScoresSource
  21. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    7h

    ScoresSource
  22. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    7h

    ScoresSource
  23. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    7h

    ScoresSource
  24. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    7h

    ScoresSource
  25. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    8h

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  26. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    8h

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  27. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    8h
    Source
  28. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    9h

    ScoresSource
  29. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    9h
    Source
  30. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    9h

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  31. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    9h

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  32. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    9h

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  33. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    11h
    Source
  34. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    11h
    Source
  35. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    11h
    Source
  36. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    12h
    Source
  37. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    13h

    ScoresSource
  38. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    13h
    Source
  39. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    13h

    ScoresSource
  40. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    14h
    Source
  41. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    14h
    Source
  42. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    15h
    Source
  43. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    16h

    ScoresSource
  44. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    16h
    Source
  45. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    17h

    ScoresSource
  46. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    17h

    ScoresSource
  47. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    17h
    Source
  48. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    18h
    Source
  49. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    18h

    ScoresSource
  50. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    18h

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  51. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    18h

    ScoresSource
  52. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    18h

    ScoresSource
  53. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    18h
    Source
  54. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    18h
    Source
  55. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    18h

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  56. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    19h

    ScoresSource
  57. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    19h

    ScoresSource
  58. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    19h

    ScoresSource
  59. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    19h
    Source
  60. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    19h

    ScoresSource
  61. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    20h

    ScoresSource
  62. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    20h

    ScoresSource
  63. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    20h

    ScoresSource
  64. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    20h

    ScoresSource
  65. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    20h

    ScoresSource
  66. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    20h
    Source
  67. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    21h

    ScoresSource
  68. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    21h

    ScoresSource
  69. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    21h

    ScoresSource
  70. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    21h

    ScoresSource
  71. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    21h

    ScoresSource
  72. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    21h

    ScoresSource
  73. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    21h

    ScoresSource
  74. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    21h

    ScoresSource
  75. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    21h

    ScoresSource
  76. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    21h

    ScoresSource
  77. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    21h

    ScoresSource
  78. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    21h

    ScoresSource
  79. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    22h

    ScoresSource
  80. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    22h

    ScoresSource
  81. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    22h

    ScoresSource
  82. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    22h
    Source
  83. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    22h

    ScoresSource
  84. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    22h
    Source
  85. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    22h
    Source
  86. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    22h

    ScoresSource
  87. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    22h

    ScoresSource
  88. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    22h

    ScoresSource
  89. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    22h

    ScoresSource
  90. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    22h

    ScoresSource
  91. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    22h
    Source
  92. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    22h
    Source
  93. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    22h

    ScoresSource
  94. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    23h

    ScoresSource
  95. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    23h

    ScoresSource
  96. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    23h

    ScoresSource
  97. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    23h

    ScoresSource
  98. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    23h

    ScoresSource
  99. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    23h

    ScoresSource
  100. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    24h
    Source
  101. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    24h

    ScoresSource
  102. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    1d 1h

    ScoresSource
  103. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    1d 1h
    Source
  104. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 1h

    ScoresSource
  105. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    1d 2h

    ScoresSource
  106. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    1d 2h
    Source
  107. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    1d 2h
    Source
  108. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    1d 2h
    Source
  109. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    1d 2h

    ScoresSource
  110. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    1d 2h
    Source
  111. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    1d 2h
    Source
  112. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    1d 2h
    Source
  113. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    1d 2h

    ScoresSource
  114. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    1d 3h
    Source
  115. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    1d 3h
    Source
  116. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    1d 3h
    Source
  117. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    1d 4h
    Source
  118. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    1d 4h
    Source
  119. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    1d 4h
    Source
  120. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    1d 4h
    Source
  121. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    1d 5h
    Source
  122. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    1d 5h

    ScoresSource
  123. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    1d 5h
    Source
  124. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    1d 5h
    Source
  125. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    1d 5h

    ScoresSource
  126. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    1d 5h
    Source
  127. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 7h

    ScoresSource
  128. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 7h

    ScoresSource
  129. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 7h
    Source
  130. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 7h
    Source
  131. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 7h

    ScoresSource
  132. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 7h

    ScoresSource
  133. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 8h

    ScoresSource
  134. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 8h

    ScoresSource
  135. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 10h
    Source
  136. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 10h

    ScoresSource
  137. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 11h

    ScoresSource
  138. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 12h
    Source
  139. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 12h

    ScoresSource
  140. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 12h
    Source
  141. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 13h

    ScoresSource
  142. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 13h
    Source
  143. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 13h

    ScoresSource
  144. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 14h

    ScoresSource
  145. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 15h

    ScoresSource
  146. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 15h

    ScoresSource
  147. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 16h
    Source
  148. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 16h

    ScoresSource
  149. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 17h

    ScoresSource
  150. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 17h

    ScoresSource
  151. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 17h

    ScoresSource
  152. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 18h
    Source
  153. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 18h

    ScoresSource
  154. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 18h
    Source
  155. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 20h

    ScoresSource
  156. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 23h

    ScoresSource
  157. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 23h

    ScoresSource