The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
November 22, 2024

COP29 Latest Draft Calls for $1.3T in Climate Funding, But Civil Society Orgs Say It Falls Far Short
----------------------------------------------------------------------------------------------------

Azerbaijan's delegation to the COP29 United Nations climate summit has
released the latest draft of a climate financing deal, calling for the
delivery of $1.3 trillion per year by 2035. But the text only calls on
wealthier, more polluting countries to pay $250 billion per year to
poorer nations bearing the brunt of the crisis. The group War on Want
called the latest draft an "insult," adding it's "nowhere near the
public, grant-based climate finance the planet and people urgently
need." Negotiations are expected to continue through the weekend. We'll
have the latest from right here at COP29 after headlines.


.