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$300 billion pledge at COP29 climate summit a “paltry sum”

Ars Technica LogoArs Technica12h ago

$300 billion pledge at COP29 climate summit a “paltry sum” - Ars Technica

Quick Summary:

Poorer countries reluctantly accept package from wealthy nations.

The UN COP29 climate summit almost collapsed twice throughout Saturday evening and into the early hours of Sunday morning, as vulnerable nations walked out of negotiations and India objected stridently.

Fears about stretched budgets around the world and the election of Donald Trump as US president, who has described climate change as a “hoax,” drove the developing countries into acceptance of the slightly improved package after Sunday 2:30 am local time in Baku.


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Article Details

Author / Journalist: Attracta Mooney and Kenza Bryan, Financial Times

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 14:55:19 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 33 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 23834701

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About Ars Technica

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Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 6 posts per day

Year Established: 1998

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #32

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