COP29

A fresh draft of an international climate agreement unveiled at COP29 in Azerbaijan suggests that developed nations should allocate $250 billion each year by 2035 to assist less affluent countries in combating global warming.

Former US Vice President Al Gore delivered a passionate address at the COP29 summit in Baku, criticizing the fossil fuel industry and stating that industry officials are "much more skilled at influencing politicians than at reducing…

At the COP29 summit, nations aimed to make headway in securing up to $1 trillion in climate finance for the world's most vulnerable communities, though the discussions were clouded by political tensions.

The UN's climate chief has stated at the 29th annual UN Climate negotiations in Baku that climate finance is "not a charity."The 29th annual UN Climate negotiations, featuring nearly 200 countries, are currently taking place in Azerbaijan.