Developing nations blast $300 billion COP29 climate deal as insufficient

Developing nations blast $300 billion COP29 climate deal as insufficient

The showdown over financing for developing countries comes in a year scientists predict will be the hottest on record. Climate woes are stacking up, with widespread flooding killing thousands across Africa, deadly landslides burying villages in Asia, and drought in...
COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6

COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6

The Article 6.4 mechanism is seen as an important tool in bridging the climate finance gap.The mechanism aims to enhance climate finance flows to countries with carbon-rich ecosystems, supporting both environmental integrity and equitable access to funding. Baku: In a...