COP29 kicks off in Baku with focus on new climate finance fund, revisiting global carbon trade poly, and more
- Posted on November 11, 2024
- By Business News Today
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COP29 kicks off in Baku with focus on new climate finance fund, revisiting global carbon trade poly, and more
The UN's COP29 climate summit commenced in Baku, Azerbaijan, with nearly 200 countries convening to address urgent climate concerns. Key agenda items include establishing a new climate finance fund for developing nations, potentially reaching $1 trillion annually, and revising global emissions trading rules.