COP29
Baku Talks Stall Over Climate Finance and Fossil Fuel Ambitions
Developing nations are pushing for a significant increase in climate finance, with a target of $1.3 trillion per year, while the current goal of $100 billion per year is set to expire in 2025. The International Monetary Fund (IMF) and other experts have been called upon to assist in this effort. The Paris climate agreement's goals are being threatened by a lack of funding, with governments and green activists alike calling for action.
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past month
- Biden becomes first sitting US president to visit Amazon rainforest
- Argentina considers withdrawing from Paris climate agreement
- Shanghai Tops List of World's Most Polluting Cities in New COP Report
- Azerbaijan's Petroleum Interests at Odds with Climate Change Goals
- Afghanistan to Attend UN Climate Conference for First Time Since Taliban Takeover
- UN warns rapid emissions cuts needed to achieve 1.5C climate goal, current pledges insufficient
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