The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
climate finance offer rises to 300 billion amid COP29 negotiations
Developed countries are reportedly willing to increase their climate finance offer to $300 billion annually by 2035, up from a previous $250 billion, though this remains below the $390 billion proposed by Brazil. Meanwhile, a decision on the location for COP31 in 2026 is stalled between Australia and Turkiye, with both nations vying to host the summit.