Reported about 8 hours ago
At the UN climate talks in Baku, Azerbaijan, negotiators continued discussions overnight in a bid to secure a financial deal to aid developing nations in combating climate change. While a draft agreement proposed $250 billion annually by 2035—significantly more than the previous $100 billion goal—it still falls short of the estimated $1 trillion needed. Developing countries, facing severe climate impacts, are demanding $1.3 trillion to adapt and transition to clean energy, highlighting criticism towards wealthy nations for failing to meet their obligations and provide sufficient funding.
Source: YAHOO