COP29 Delivers Climate Finance Deal Amidst Tensions and Trump's Victory

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 86%

Climate Change News

COP29,Climate Finance,Carbon Credits

The UN climate summit, COP29, in Baku, Azerbaijan concluded with a hard-fought agreement on climate finance, two days past the deadline. While nations celebrated this achievement, concerns remain about the low annual target, the 2035 deadline for achieving ambitious goals, and the impact of Donald Trump's election victory on US climate commitments.

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Some including India also lambasted wealthy nations for seeking to include contributions by developing countries in the annual target.Though he has yet to take office, climate denier Donald Trump’s victory in the November 5 presidential election soured the mood at COP29. There are still some smaller details to be worked out, such as the registry’s structure and transparency obligations. But proponents hoped the boost to carbon offsetting will help draw billions of dollars into new projects to help the climate fight.Despite years of ballyhooed climate agreements, countries raised alarms about the fact that both greenhouse gas emissions and global temperatures are still rising.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines