News

Azerbaijan’s delegation to the COP29 United Nations climate summit has released the latest draft of a climate financing deal, calling for the delivery of $1.3 trillion per year by 2035. But the text only calls on wealthier, more polluting countries to pay $250 billion per year to poorer nations bearing the brunt of the crisis. The group War on Want called the latest draft an “insult,” adding it’s “nowhere near the public, grant-based climate finance the planet and people urgently need.” Negotiations are expected to continue through the weekend. We’ll have the latest from right here at COP29 after headlines.

Articles You May Like

Apple announces historic US investment in bet on American innovation
Luxury auto giant CEO signals potential for more US investment amid looming tariff concerns
Newly-confirmed commerce secretary ready to carry out Trump’s economic, fiscal agenda
Budget grocery chain plans hundreds of new US stores as consumers grip wallets
Why Trump is ‘absolutely right’ when it comes to the ‘lifeblood,’ expert says