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COP29 final draft proposes 'at least' $300 bn for poor nations

World News

2024-11-23 | 16:33

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COP29 final draft proposes 'at least' $300 bn for poor nations

A final draft deal released Sunday at the U.N. climate summit proposes that wealthy historic emitters commit at least $300 billion per year by 2035 to help poorer countries confront global warming.

The words "at least" were added to a version of the text that had been circulating earlier and had angered vulnerable nations as insufficient. It includes a clause saying contributions of developing nations such as China remain "voluntary."

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