Azerbaijan

November 26, 2024

COP29 is over, but climate action needs private funding too—here are 4 key ways to make that happen

The United Nations COP29 climate conference has come to a contentious end, with rich countries pledging to mobilize $300 billion annually by 2035 to help poorer countries fight climate change—triple the current funding levels, but far short of what the developing world had hoped for. Delegates from 190 countries worked overtime to avoid leaving Baku empty-handed.