COP29 reaches agreement with bitter taste for countries of the South

Le Monde

Summary

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The agreements set the post-2025 climate finance targets, including an annual funding of at least 300 billion U.S. dollars from developed countries and a broader climate financing goal of at least 1.3 trillion dollars per year by 2035 for supporting developing countries' climate actions.
XinhuaNet
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The £240billion will go to developing countries who need the cash to wean themselves off the coal, oil and gas that causes the globe to overheat, adapt to future warming and pay for the damage caused by climate change's extreme weather.
Daily Mail
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COP29 host Azerbaijan released a final draft of a climate finance deal, calling on rich nations to commit at least $300 billion a year in climate financing to the developing world.
The Gazette
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Nearly 200 parties also broke years of deadlock in multilateral negotiations, reaching a consensus on the international carbon market mechanism under Article 6 of the Paris Agreement.
China Daily

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