A proposed deal on climate cash at UN summit highlights split between rich and poor nations
Baku, Azerbaijan — A new draft of a deal on cash to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion by 2035 from wealthy countries to poorer ones. The amount pleases the countries who will be paying, but not those on the receiving end.
A draft finance deal Friday at the U.N. COP29 climate and environment talks proposes wealthy nations give $250 billion a year ...
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In response, more than 16 nations paused contributions; the U.S., formerly the agency’s largest donor, continues to hold back ...
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