World News13.11.2024
UN climate funding draft narrows options, but obstacles remain

QAZAQ GREEN. A fresh draft of a UN climate deal released Wednesday proposes concrete options to raise funding for poorer countries, but leaves unresolved sticking points that have long delayed an agreement.
Landing a new accord to boost money for climate action in developing countries is the top priority of negotiators at the UN COP29 summit in Azerbaijan.
But it is deeply contentious, and consensus has eluded negotiators from nearly 200 nations for the better part of a year.
Most developing countries favor an annual commitment from wealthy countries of at least $1.3 trillion, according to the latest draft of the long-sought climate finance pact. Read more https://www.arabnews.com/node/2579129/amp
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