The conclusion of COP29 in Baku has brought about a groundbreaking yet controversial agreement on climate finance, highlighting persistent divides between developed and developing nations. Dubbed the “Baku Finance Goal,” the agreement commits to mobilizing $1.3 trillion in climate finance by 2035, with an annual $300 billion pledge for developing countries. While the deal triples … Continue reading COP29 World leaders agree on $300 billion climate finance deal for poorer countries