Debate Over Climate Funding Dominates COP29 Amidst Global Tensions

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Source: The Economist
Debate Over Climate Funding Dominates COP29 Amidst Global Tensions
Photo: The Economist
TL;DR Summary

At COP29 in Baku, the main challenge is establishing a new collective quantified goal (NCQG) to replace the $100 billion annual climate finance target from richer to poorer countries. This new goal is crucial as countries prepare to outline their emission reduction plans for the next decade.

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