Journalism of Courage
COP29 climate summit: Nations agree on $300 billion climate funding
The $300 billion annual funding aims to support developing nations in their transition to renewable energy and adaptation to climate change impacts. Although it falls short of the $1.3 trillion requested, it triples the previous $100 billion yearly target.
November 24, 2024 12:16 IST
1 / 7Countries have reached a landmark agreement at the United Nations climate talks in Baku, Azerbaijan, to allocate at least $300 billion annually to combat climate change ¹. This deal aims to provide momentum for international efforts to curb global warming, which is expected to be the hottest on record this year. (AP)
2 / 7Attendees embrace while attending a closing plenary session at the COP29 UN Climate Summit, Sunday, November. (AP)
3 / 7An attendee reacts during a closing plenary session at the COP29 UN Climate Summit, in Baku, Azerbaijan. (AP)
4 / 7Simon Stiell, United Nations climate chief, speaks during a closing plenary at the COP29 UN Climate Summit in Baku, Azerbaijan.
5 / 7Germany Foreign Minister Annalena Baerbock speaks during a news conference at the COP29 UN Climate Summit, Sunday. (AP)
6 / 7Wopke Hoekstra, EU climate commissioner, speaks to members of the media at the COP29 UN Climate Summit. (AP)
7 / 7US Deputy Climate Envoy Sue Biniaz listens during a closing plenary session at the COP29 UN Climate Summit. (AP)
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