Cop29 climate finance deal: why poor countries are so angry
The cost of borrowing money can be up to seven times higher for developing countries than the US and Europe. This is because lenders see poorer countries as riskier places to invest, given their perceptions of political instability or low credit ratings. This arrangement entrenches inequality.
Western leaders welcomed the deal, as US President Joe Biden says the world is "one significant step closer" to achieving ...
Under pressure to step up global climate aid, the world’s richest countries secured nothing less than a diplomatic coup in ...
Scheduled to conclude on Friday evening, what was known as the Finance COP delivered not only a new finance goal of $300 ...
BAKU, Nov 25 (Reuters) - COP29 deals on finance and carbon markets could lead to billions more dollars flowing around the ...
Nearly 200 nations were still negotiating a new climate finance deal behind closed doors at United Nations talks in Baku, ...
The United Nations climate change summit COP29 has "once again ignored" the Pacific Islands, a group of regional climate ...
The final agreement requires developed countries to help poorer nations mitigate the impact of climate disasters through ...
Two weeks of difficult negotiations came to the brink of failure before settling on a $300 billion deal that flashes warnings ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback