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COP29: Stark divisions over climate funding persist

Proposals on the table fall far short of the required targets, with only two days left in the summit.

COP29: Stark divisions over climate funding persist

An activist holds a banner reading. "Reduce military spending!" during COP29 for the climate in Baku, Azerbaijan, on Nov. 20, 2024. (Credit: Maxim Shemetov/Reuters)

A proposed climate budget of $200 to $300 billion is circulating at COP29 in Baku. Developing nations, represented by the G77 and China group, called for $1 trillion annually, while civil society organizations set an even higher target of $5...
A proposed climate budget of $200 to $300 billion is circulating at COP29 in Baku. Developing nations, represented by the G77 and China group, called for $1 trillion annually, while civil society organizations set an even higher target of $5...