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Director / Editor: Victor Teboul, Ph.D.
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Cop29 climate finance deal: why poor countries are so angry

By Jodi-Ann Jue Xuan Wang, DPhil (PhD) Candidate in International Development, University of Oxford
After a fortnight of bitter struggle, nearly 200 countries agreed a new goal to raise money to tackle the climate crisis at Cop29, the 29th annual UN climate conference in Baku, Azerbaijan.

Rich countries agreed to take the lead in paying US$300 billion a year to the poorest nations by 2035 from a variety of financial sources (public, private, between countries, and across multilateral sources like development banks). This is less than a quarter of what developing countries…The Conversation


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