Rich nations raise COP29 climate finance offer in bid to rescue stalled talks
Sun, Nov 24 2024
Rich nations raise COP29 climate finance offer in bid to rescue stalled talks
Rich countries negotiating support for developing countries at COP29 on Saturday raised hope for a funding deal when they said they were prepared to pay $300 billion a year in climate aid. This comes after a previous proposal of $200 billion a year was rejected by the poorest countries, which dismissed the amount as insufficient.
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