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COP29 climate meeting sets annual $300 bil. funding goal for developing nations NHK

Delegates at the United Nations climate conference have agreed to set the goal of providing at least 300 billion dollars per year to help developing countries tackle climate change from a variety of sources under the leadership of developed nations by 2035.

COP29 negotiators released an outcome document on Sunday after a two-day extension of talks in Azerbaijan's capital, Baku.

The document also calls on all involved countries and institutions to work together to scale up the financing to 1.3 trillion dollars annually to developing nations by 2035.
Summary
UN climate conference delegates agreed to aim for $300 billion annual funding from developed nations for climate change efforts in developing countries by 2035. The goal is scalable up to $1.3 trillion annually. This commitment was outlined in the COP29 outcome document, released after a two-day
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ID: c2894d17-c414-410e-9c8a-bc78a8320f60

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20241124_04/

Date: Nov. 24, 2024

Created: 2024/11/24 19:00

Updated: 2025/12/08 08:33

Last Read: 2024/11/25 16:06