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International Business Times
International Business Times
Science
Kelly MACNAMARA

EXPLAINED: Contentious cop29 deal casts doubt over climate plans | Vintage Vibes

The $300 billion a year pledged by wealthy countries for climate finance at COP29 was slammed as too little, too late (Credit: AFP)

A bitterly-fought climate finance deal reached at COP29 risks weakening emissions-cutting plans from developing countries, observers say, further raising the stakes for new national commitments due early next year.

The UN climate talks in Azerbaijan, which concluded last Sunday, were considered crucial to boosting climate action across huge swathes of the world after what will almost certainly be the hottest year on record.

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