The Latest Breaking News from COP29

Wealthy nations on Friday offered $250 billion a year to help poorer nations hit hardest by global warming but faced immediate calls led by Africa to give more as UN climate negotiations extended into overtime.

As the annual UN climate conference, Cop29, draws to a close, negotiators, civil society observers and activists are staying up late, poring over draft texts that will determine how the international community addresses climate change for years to come. Central among their concerns this year: the turbulent world of carbon…

Who pays how much to fund the switch from fossil fuels, what to do about nuclear power, and who hosts Cop31 are key questions

Draft text under fire as poor nations wanted more of the money to come directly from developed countries

The Energy Secretary said the UK’s pledge to cut domestic emissions by 81% by 2035 had put ‘Britain back on the map of global climate leadership’.

The money will go to countries like Colombia and Indonesia to support vital global ‘carbon sinks’.

Frustrations intensified at Cop29 in Baku, Azerbaijan, where countries are polarised over a deal on paying poorer nations climate finance.

Petrostate’s rebuke comes as Saudi Arabia and allies try to derail transition promise made at climate talks last year

COP29 faces challenges in climate finance discussions with wealthy nations lacking clarity on financial commitments. Urgency to address climate change rema...

Rich country budgets are stretched amid inflation, Covid and Ukraine war, Mary Robinson tells Cop29

The G20? Cop29? Totally pointless, said the Tory leader. World leaders getting up themselves and a load of virtue-signalling