{
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us and europe propose 300 billion climate finance deal at cop29

Negotiators at COP29 in Baku are striving to finalize a climate finance deal, with the US and EU proposing a $300 billion annual commitment from developed nations, tripling the current pledge. However, developing countries argue that their needs exceed this figure, with calls for at least $1.3 trillion annually by the next decade. Tensions remain high as discussions continue on the roles of major economies like China and Saudi Arabia in funding efforts.
Bloomberg.com
United States Dollar Euro Apple Inc. Baku Olympic Stadium USA SAU AZE CHN Alfred Cang Show more
Finance & Economy, News Article
10:10 23.11.2024
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