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Home » Finance » COP29 Summit Secures $300 Billion Annual Climate Finance Target, Faces Criticism for Falling Short
Climate

COP29 Summit Secures $300 Billion Annual Climate Finance Target, Faces Criticism for Falling Short

By Oliver HughesNovember 25, 20243 Mins Read
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Countries attending the COP29 summit in Baku reached a landmark agreement on Sunday to channel $300 billion annually by 2035 to support poorer nations in coping with climate change impacts. While some delegates hailed the deal as a vital step forward, others criticized it as insufficient given the escalating climate crisis. The agreement, achieved after

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