Rich countries negotiating support for developing countries at COP29 on Saturday raised hope for a funding deal when they said they were prepared to pay $300 billion a year in climate aid. This comes after a previous proposal of $200 billion a year was rejected by the poorest countries, which dismissed the amount as insufficient.

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Uttar Pradesh

India

Wealthy nations raise climate finance offer to $300bn at COP29 as the summit extends in Baku

The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to $300 billion per year by 2035, sources told Reuters on Saturday. The shift in position came after a $250 billion proposal for a deal, drafted by Azerbaijan's COP29 presidency on Friday, was panned by developing countries as insultingly low. Five sources with knowledge of the closed-door discussi…

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Gautam Adani

New Delhi

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Delhi

Wealthy countries Agree To Raise COP29 Climate Deal To $300 Bllion: Report

Wealthy nations raised their offer for climate finance for poorer nations to $300 billion Saturday at COP29 negotiations, with growing doubts that all countries will leave happy with the outcome.
Negotiators worked through the night in a sports stadium in the Caspian Sea city of Baku in a search for compromise as the two-week COP29 conference dragged into an extra day.

Invesco

Wealthy countries raised their offer of climate finance to $US300 billion a year at COP29 on Saturday, raising hopes of a deal with developing...

Otago Daily Times

Allied Press

Otago

New Zealand

Rich nations raise COP29 climate finance offer

Developed nations should pay $300 billion a year by 2035 to help poorer countries deal with climate change, according to a new draft deal from U.N. climate talks published early on Sunday, after an earlier target of $250 billion was rejected.

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United States

Rich nations raise COP29 climate finance offer in bid to break deadlock

Wopke Hoekstra, European commissioner responsible for the COP29 negotiations, acknowledged that it is “uncertain” that an agreement will be reached at the summit.

Wopke Hoekstra, comissário europeu responsável nas negociações da COP29, reconheceu que é "incerto" que se alcance um acordo na cimeira.

COP29. Comissário europeu admite sucesso incerto na cimeira do clima em Baku

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Portugal

COP29. European Commissioner admits uncertain success at Baku climate summit

The two-week conference cut to the heart of the global debate over the financial responsibility of rich industrialised countries, who caused the bulk of greenhouse gas emissions.

Ministry for Culture and Heritage

The last draft of the final text speaks of 300 billion dollars a year by 2035, but developing countries consider this amount insufficient

Nell’ultima bozza del testo finale si parla di 300 miliardi di dollari l’anno entro il 2035, ma i Paesi in via di sviluppo considerano questa cifra insufficiente

Domande e risposte sulla Cop29: quanto denaro hanno offerto i Paesi ricchi? E come trovarlo?

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Diego Della Valle

Italy

Questions and answers about COP29: how much money have rich countries offered? And how to find it?

France24

Government of France

France

Rich nations raise COP29 climate finance offer in bid to rescue stalled talks

Wealthy countries raised their offer of climate finance to $300 billion a year at COP29 on Saturday, raising hopes of a deal with developing nations that had dismissed an earlier proposal as insufficient to address the impacts of global warming. The U.N. climate summit had been due to finish on…

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Saitama Prefecture

Japan

The European commissioner responsible for climate negotiations, Wopke Hoekstra, admitted today that the success of COP29 in Baku remains uncertain, although negotiations are continuing after the scheduled end of the conference.
“We are doing everything in our power to build bridges on all fronts and make this a success. But will we succeed? It's uncertain,” he told reporters, quoted by the French news agency AFP.
The UN summit in Baku on climate…

O comissário europeu responsável pelas negociações sobre o clima, Wopke Hoekstra, admitiu hoje que o sucesso da COP29 em Baku continua incerto, apesar de prosseguirem negociações já depois do final previsto da conferência.
"Estamos a fazer tudo o que está ao nosso alcance para construir pontes em todas as frentes e fazer disto um sucesso. Mas será que vamos conseguir? É incerto", disse aos jornalistas, citado pela agência francesa AFP.
A cimeira…

Rich nations raise COP29 climate finance offer in bid to rescue stalled talks

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