COP29 reaches agreement with bitter taste for countries of the South

Le Monde

Summary

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Rich and poor countries concluded a trillion-dollar deal on the climate crisis in the early hours of Sunday morning, after marathon talks and days of bitter recriminations ended in what campaigners said was a “betrayal”.
Irish Times
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The agreements set the post-2025 climate finance targets, including an annual funding of at least 300 billion U.S. dollars from developed countries and a broader climate financing goal of at least 1.3 trillion dollars per year by 2035 for supporting developing countries' climate actions.
XinhuaNet
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The Rs 25,32,780 crore ($300 billion) figure is a far cry from the Rs 1,09,75,380 crore ($1.3 trillion) the Global South has been demanding over the past three years of talks to tackle climate change.
Deccan Herald
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COP29 host Azerbaijan released a final draft of a climate finance deal, calling on rich nations to commit at least $300 billion a year in climate financing to the developing world.
The Gazette

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