Poor countries may need to compromise on climate funding at COP29, says former UN envoy

theguardian.com November 22, 2024, 07:01 AM UTC

At the COP29 climate summit in Baku, discussions are ongoing about climate finance for poorer countries. A former UN climate envoy, Mary Robinson, indicated that these nations may need to compromise on their funding demands due to financial constraints in wealthier countries. Rich nations have not yet made formal financial commitments, despite the need for $1 trillion annually to help developing countries transition to low-carbon economies. Current expectations suggest that only about $300 billion may be offered. Key issues include a lack of specific financial figures in draft agreements and resistance from some countries, particularly Saudi Arabia, to reaffirm commitments to reduce fossil fuel use. The outcome of these negotiations remains uncertain as talks continue.


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  1. [6.3]
    Poor countries express anger over Cop29 climate finance deal shortfall (theconversation.com)
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    Economists warn Cop29 climate finance deal underestimates inflation impact on funding for poor nations (theguardian.com)
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    COP29 opens in Azerbaijan as UN warns Paris Agreement goals are at risk (thehindu.com)
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    COP29 concludes with $300 billion climate finance goal, faces criticism from developing nations (gmanetwork.com)
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    India raises concerns over climate finance commitments at Baku conference (hindustantimes.com)
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  8. [5.1]
    China willing to increase climate finance if western nations lead, says Cop29 president (theguardian.com)
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  9. [5.1]
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  10. [4.5]
    India rejects COP29 climate finance deal, calls it an optical illusion (businesstoday.in)
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    UN climate summit reaches $300 billion finance deal after intense negotiations (ft.com)
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  12. [4.6]
    Businesses seek clarity on climate finance after mixed COP29 outcomes (thehindu.com)
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    COP29 concludes with $300 billion annual climate funding deal for developing nations (euronews.com)
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    UN climate summit in Baku agrees to boost funding for developing countries to $300 billion by 2035 (buffalonews.com)
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  16. [4.8]
    COP29 approves climate finance plan but highlights divisions and funding frustrations (thehindu.com)
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    COP29 negotiators reach carbon trading agreement but face criticism over flaws (theconversation.com)
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  20. [4.9]
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  21. [4.3]
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  23. [4.9]
    COP29 approves $300 billion climate finance plan despite criticism and tensions (gazette.com)
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    Pacific advocates criticize COP29 for failing to support vulnerable island nations (rnz.co.nz)
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  27. [6.0]
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  28. [5.3]
    COP29 negotiators reach $300 billion climate funding deal after tense talks (livemint.com)
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  29. [4.6]
    Developing nations call $300 billion climate finance deal insufficient at COP29 in Baku (geo.tv)
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  30. [4.5]
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  31. [4.5]
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    Wealthy nations agree to boost climate aid at COP29 but face criticism from developing countries (dailymail.co.uk)
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  34. [4.1]
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    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
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    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
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  38. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
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  39. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
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  40. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
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  42. [5.3]
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    COP 29 climate talks in Baku conclude with limited progress (economist.com)
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  49. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
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    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
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  51. [5.7]
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  52. [5.2]
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  53. [4.5]
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  54. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
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  55. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
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  56. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
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  57. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
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  58. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
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  59. [5.6]
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  60. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
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  61. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
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  62. [5.1]
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  63. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
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  64. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
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  65. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
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  66. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
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  67. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
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  68. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
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  69. [4.0]
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  70. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
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  71. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    1d 10h
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  72. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    1d 10h

  73. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    1d 10h

  74. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    1d 11h
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  75. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    1d 11h
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  76. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    1d 12h
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  77. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
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  78. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
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  79. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
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  80. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
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  81. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
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  82. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
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  83. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    1d 15h

  84. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    1d 15h

  85. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    1d 15h

  86. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
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  87. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
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  88. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
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  89. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
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  90. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
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  91. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
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  92. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
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  93. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
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  94. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
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  95. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
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  96. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
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  97. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
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  98. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
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  99. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
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  100. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
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  101. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
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  102. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
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  103. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    1d 18h

  104. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    1d 18h

  105. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    1d 18h

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    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    1d 18h

  107. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    1d 18h

  108. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    1d 18h

  109. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    1d 18h

  110. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    1d 18h

  111. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    1d 18h

  112. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    1d 18h

  113. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    1d 19h

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    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    1d 19h

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    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    1d 19h

  116. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    1d 19h

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    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    1d 19h
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    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    1d 19h

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    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    1d 19h

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    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    1d 19h
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    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    1d 19h

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    1d 19h
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    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    1d 19h

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    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    1d 19h

  125. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
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    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
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    1d 20h

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    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    1d 20h

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    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
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    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    1d 20h

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    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    1d 20h

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    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    1d 20h

  134. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    1d 21h

  135. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    1d 21h
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    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    1d 22h
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    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    1d 22h

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    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
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    1d 23h
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    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    1d 23h

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    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    1d 23h

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    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
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    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    1d 23h
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