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    • COP29 ends with a deal but also disappointment
     
    November 27, 2024

    COP29 ends with a deal but also disappointment

    NewsWater

    COP29 ended with a deal in which rich countries promised to raise $300bn a year by 2035 tripling climate finance support for developing countries. However, many poorer countries were left outraged by the deal, and the financial settlement also fails to consider the effect of inflation.

     

    Photo credit: Markus Spiske

     

    The UK government claimed that the UK was “back on the global stage”, highlighting an ambitious new emissions target for 2035, pledging £239 million funding to halt and reverse deforestation and publishing new criteria to meet our domestic 30by30 targets in England.

    Read the BBC’s 5 takeaways from COP29

    How late $300bn deal left a sense of dissatisfaction and betrayal at Cop29 (The Guardian)

    Tagged: climate change, COP, finance

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