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Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku

sg.news.yahoo.com — November 24, 2024, 08:01 PM UTC

At the COP29 climate conference in Baku, rich countries pledged $300 billion annually for climate finance by 2035, a significant increase from the previous $100 billion commitment. However, many poorer nations criticized this amount as insufficient, highlighting a shift in global political dynamics. The conference followed Donald Trump's election victory, raising concerns about future climate funding as conservative governments in Germany, Canada, and Australia may prioritize other issues. While Europe continues to advocate for climate action, there is a call for more practical funding solutions. The agreement allows countries to count climate finance from international banks towards the $300 billion goal. Multinational development banks aim to provide $120 billion annually and mobilize additional private sector funding, but experts agree that the overall financial commitment remains inadequate.

With a significance score of 6.1, 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

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  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

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

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  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

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

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

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

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

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  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
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  28. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    9h

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  29. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    9h
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  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

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  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

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  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

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  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

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

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  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

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  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

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  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

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  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

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  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
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  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