'Not just a failure; a betrayal': Anger builds at COP29 climate finance deal

James Murray
clock • 9 min read
'Not just a failure; a betrayal': Anger builds at COP29 climate finance deal

Landmark $300bn climate finance goal seen as a step forward following tense negotiations, but poorer nations express fury at failure to deliver a plan for ramping up climate funding

The relief that accompanied the adoption of a new climate finance package at the COP29 Climate Summit in Baku in the early hours of Sunday morning quickly receded throughout yesterday, as developing economies...

To continue reading this article...

Join BusinessGreen

Become a BusinessGreen Lite Member today

In just a few clicks you can start your free BusinessGreen membership for 12 months, providing you access to:

  • News articles published within the last day (24 hours) from Europe’s leading source of information on the Green economy and business
  • Our award-winning Editor’s Blog
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Ed Miliband: COP29 deal 'creates huge opportunities for business and jobs'

Ed Miliband: COP29 deal 'creates huge opportunities for business and jobs'

Energy Security and Net Zero Secretary declares deal brokered in Baku is in Britain's national interest, as he warns work towards COP30 starts now

James Murray
clock 24 November 2024 • 6 min read
COP29: The green economy reacts to final outcome in Baku

COP29: The green economy reacts to final outcome in Baku

Top politicians, green groups, experts and business leaders offer their views as the gavel finally comes down on a tense and at times chaotic UN Climate Summit in Azerbaijan

BusinessGreen staff
clock 24 November 2024 • 11 min read
COP29 closes with historic $1.3tr climate finance deal

COP29 closes with historic $1.3tr climate finance deal

New $300bn target to be predominantly met by industrialised nations promises major boost to climate finance, but campaigners warn deal 'slammed the door in the face of developing countries'

James Murray
clock 23 November 2024 • 10 min read
Loading page