It’s not near the $1.3 trillion developing countries were asking for, but it’s three times the 2009 deal that is expiring.

At COP29, nations agreed on a deal to inject at least $300 billion annually in humanity's fight against climate change and to help poor countries cope.

The COP29 talks have laid bare the divisions between wealthy governments and developing nations reeling from the costs of storms, floods and droughts fueled by climate change.

As nerves frayed and the clock ticked, negotiators from rich and poor nations were huddled in one room Saturday during overtime United Nations climate talks to try to hash out an elusive deal on money for developing countries to curb and adapt to climate ...

Many developing countries had pushed for at least $500 billion, but developed nations under political and fiscal pressure had played down such expectations. UN climate chief Simon Stiell acknowledged

UN climate chief Simon Steill hailed the outcome as an insurance policy for humanity. Read more at straitstimes.com.

A draft finance deal Friday at the U.N. COP29 climate and environment talks proposes wealthy nations give $250 billion a year to poorer nations in climate funding. Developing countries want more money.

United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity’s fight against climate change, aimed at helping poor nations cope with the ravages of global warming in tense negotiations in the city where industry first tapped oil.