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Rich nations struggle to commit to climate finance at COP29 in Baku

frontline.thehindu.com — November 24, 2024, 01:01 PM UTC

At COP29 in Baku, Azerbaijan, leaders discussed the urgent need for trillions in climate finance to meet global warming targets. However, developed countries failed to reach a consensus on a new funding goal, highlighting a breakdown in multilateral cooperation. The conference aimed to address the financial responsibilities of wealthier nations, which are historically responsible for most emissions. Developing countries have called for $1.3 trillion annually until 2030, primarily in grants, but negotiations stalled. Instead of committing to this funding, developed nations suggested that emerging economies like China and India should also contribute. This shift in responsibility has drawn criticism, as it diverts attention from the obligations of the wealthier countries.

With a significance score of 5.3, this news ranks in the top 1% of today's 12851 analyzed articles.

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

Timeline:

  1. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    <1h

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  2. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
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  3. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
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  4. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
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  5. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    1h

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  6. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    1h
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  7. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
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  8. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    2h

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  9. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    2h

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  10. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    2h
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  11. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    2h

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  12. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    2h

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  13. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    4h
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  14. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    4h
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  15. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    4h
    Source
  16. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    5h
    Source
  17. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    6h

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  18. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    6h

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  19. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    6h
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  20. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    7h
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  21. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    7h
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  22. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    8h
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  23. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    9h

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  24. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    9h
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  25. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    10h

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  26. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    10h

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  27. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    10h
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  28. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    11h
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  29. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
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  30. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    11h

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  31. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    11h
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  32. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    11h
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  33. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    11h

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  34. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    11h

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  35. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    11h

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  36. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    12h

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  37. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    12h

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  38. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    12h

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  39. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    12h

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  40. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    12h
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  41. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    13h

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  42. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    13h

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  43. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    13h

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  44. [6.4]
    Countries reach funding agreement at UN climate talks to support developing nations (economictimes.indiatimes.com)
    13h

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  45. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    13h

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  46. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    13h
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  47. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    13h

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  48. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    14h

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  49. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    14h

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  50. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    14h

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  51. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    14h

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  52. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    14h

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  53. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    14h

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  54. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    14h

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  55. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    14h

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  56. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    14h

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  57. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    14h

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  58. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    14h

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  59. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    14h

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  60. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    15h

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  61. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    15h

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  62. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    15h

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  63. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    15h
    Source
  64. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    15h
    Source
  65. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    15h

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  66. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    15h

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  67. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    15h
    Source
  68. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    15h

    ScoresSource
  69. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    15h
    Source
  70. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    15h
    Source
  71. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    15h

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  72. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    15h

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  73. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    15h

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  74. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    15h

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  75. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    16h

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  76. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    16h

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  77. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    16h

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  78. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    16h

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  79. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    16h

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  80. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    16h

    ScoresSource
  81. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    17h
    Source
  82. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    17h

    ScoresSource
  83. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    18h

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  84. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    18h
    Source
  85. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    18h

    ScoresSource
  86. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    19h

    ScoresSource
  87. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    19h
    Source
  88. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    19h
    Source
  89. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    19h

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  90. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    19h

    ScoresSource
  91. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    19h
    Source
  92. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    19h
    Source
  93. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    19h
    Source
  94. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    19h
    Source
  95. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    20h
    Source
  96. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    20h
    Source
  97. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    20h
    Source
  98. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    21h
    Source
  99. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    21h
    Source
  100. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    21h
    Source
  101. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    21h
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  102. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    22h

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  103. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    22h
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  104. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    22h

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  105. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    22h
    Source
  106. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    22h
    Source
  107. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    22h
    Source
  108. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    24h

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  109. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    24h
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  110. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    24h
    Source
  111. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    24h

    ScoresSource
  112. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    24h

    ScoresSource
  113. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    24h

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  114. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 1h

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  115. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 1h

    ScoresSource
  116. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 3h

    ScoresSource
  117. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 3h
    Source
  118. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 4h

    ScoresSource
  119. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 5h
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  120. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 5h
    Source
  121. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 5h

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  122. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 6h
    Source
  123. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 6h

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  124. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 6h

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  125. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 7h

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  126. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 8h

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  127. [3.8]
    Frustration grows over climate progress as COP29 in Baku highlights funding and fossil fuel concerns (euronews.com)
    1d 8h
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  128. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 8h

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  129. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 9h
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  130. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 9h

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  131. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 10h

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  132. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 10h

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  133. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 10h

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  134. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 11h
    Source
  135. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 11h
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  136. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 11h

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  137. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 13h

    ScoresSource
  138. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 16h

    ScoresSource
  139. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 16h

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  140. [5.6]
    Draft deal at COP29 calls for $250 billion in annual climate finance from wealthy nations (ndtv.com)
    1d 17h

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  141. [6.4]
    Draft deal at COP29 calls for rich nations to commit $250 billion annually by 2035 (economictimes.indiatimes.com)
    1d 18h

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  142. [4.8]
    COP29 negotiator says $250 billion funding target needs improvement (news.yahoo.com)
    1d 18h
    Source
  143. [4.5]
    COP29 talks extended as developing nations reject $250 billion climate finance offer (hindustantimes.com)
    1d 19h
    Source
  144. [4.9]
    Developing countries urged to reject insufficient climate finance proposal at Cop29 (theguardian.com)
    1d 19h
    Source
  145. [4.3]
    COP29 summit in Baku extends as climate finance negotiations stall (newsroom.co.nz)
    1d 20h
    Source
  146. [4.9]
    Baku climate talks extend as developing nations reject funding proposal (thehindu.com)
    1d 22h
    Source
  147. [5.5]
    Time running out for climate finance deal at COP29 as Canada calls for more support (globalnews.ca)
    1d 22h

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  148. [4.7]
    Developing countries criticize $250 billion climate finance offer at COP29 (firstpost.com)
    1d 22h
    Source