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Bitter Divisions Over Climate Finance Exposed at COP29

Bitter Divisions Over Climate Finance Exposed at COP29

November 26, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The delegates to the COP29 climate summit have all departed Baku, Azerbaijan, leaving behind a mixed legacy. Representatives of wealthier Global North countries pointed to an adopted goal of tripling, to $300 billion, climate finance aid to less-wealthy Global South nations by 2035. But officials from Global South nations decried the amount as too little and too late to fully address the threat climate change posed to their countries and people.

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