November 24, 2024 3:17 PM
Takeaways from the COP29 climate summit in Azerbaijan
This year's U.N. climate summit delivered a deal on climate finance two days past deadline, after two weeks of tense negotiations. Here are some of the takeaways from the COP29 summit held in Azerbaijan's capital of Baku: CASH FOR CLIMATE REMAINS TIGHT The summit's main agenda item - setting a new annual target for global climate finance - had nations wrangling for two weeks. Even after reaching a deal for $300 billion a year by 2035, many developing countries said the amount was far too low....