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At COP29, climate progress takes one step forward, two steps back

Economic Times LogoEconomic Times12h ago

At COP29, climate progress takes one step forward, two steps back - Economic Times

Quick Summary:

Negotiations for increased financial aid from wealthy nations to developing countries faltered, highlighting the challenges of global climate action amidst rising temperatures and political roadblocks.

Ahead of COP29, President Ilham Aliyev — whose family has ruled the country for more than 30 years — stripped Baku of any signs of inequity: removing beggars, street vendors and “slave markets” where men search for informal jobs.

The conference went into overtime Friday with a draft agreement that would have rich countries providing $250 billion annually by 2035, a more than doubling of the existing commitment.


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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 11:08:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1424 words

Reading Time: 8 minutes read

Sentences: 51 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Economic Times

News ID: 23775264

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About Economic Times

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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