Rich nations raise COP29 climate finance offer in bid to break deadlock

Japan Today

Summary

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Developing countries had demanded at least $500 billion to build resilience against climate change and cut emissions.
Le Monde
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The developing world will receive at least $1.3tn (£1tn) a year in funds to help them shift to a low-carbon economy and cope with the impacts of extreme weather, by 2035.
Guardian
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In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change.
The Independent
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He wouldn't reveal the amount, but the previous number that small islands had rejected was US$250 billion a year.
CTV News

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