Rich nations raise COP29 climate finance offer to $300 billion as developing nations fume
- Posted on November 23, 2024
- By Bing News
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Rich nations raise COP29 climate finance offer to $300 billion as developing nations fume
By Kate Abnett, Valerie Volcovici and Nailia Bagirova BAKU (Reuters) -The European Union, the U.S. and other wealthy countries raised their offer of climate funding for developing nations to $300 billion a year at COP29 on Saturday, in a bid to unlock increasingly tense negotiations already a day into overtime. The U.N. climate summit had been due to finish on Friday but ran into extra hours as