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COP29: Talks in Baku make progress on climate funding as deadline nears

Business Standard LogoBusiness Standard8h ago

COP29: Talks in Baku make progress on climate funding as deadline nears - Business Standard

Quick Summary:

In week one, not a lot of progress was made on the issue of how much money rich countries should pay to developed ones move away from dirty fuels, cope with rising seas and temperatures and pay for damage already caused by climate-driven extreme weather.

Distractions were bigger than deals in the first week of United Nations climate talks, leaving a lot to be done, especially on the main issue of money.

But more is expected when government ministers fly in for week two to handle the hard political deal-making at the negotiations known as COP29 in Baku, Azerbaijan.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 11:02:48 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1179 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23624565

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 111 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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