On Sunday, wealthy countries at the UN Climate Change Conference (COP29) in Baku, Azerbaijan, agreed to provide at least $300B annually in climate aid to developing countries by 2035.Wealthy countries at the UN Climate Change Conference (COP29) in Baku, Azerbaijan, on Sunday agreed to provide at least $300B annually in climate aid to developing countries by 2035.
The aid, clinched after two weeks of intense negotiations, isn't near the full amount of $1.3T that developing countries had requested but is higher than the $100B currently provided. The final agreement forced an extra day of talks after dozens of countries staged a walkout.The aid, clinched after two weeks of intense negotiations, is far from the full amount ($1.3T) that developing countries had requested, but is higher than the $100B currently provided. The final agreement forced an extra day of talks after dozens of countries staged a walkout.
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