Climate Politics
COP29 Ends With Deal on Climate Finance After Bitter Fight
- Pledge caps two weeks of often fraught talks in Azerbaijan
- Trillions seen needed to deploy green energy, adapt to warming
Attendees at the Baku Stadium ahead of the COP29 climate conference in Baku, Azerbaijan.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
Nearly 200 countries agreed to triple the amount of money available to help developing countries confront rapidly warming temperatures.
But the deal reached at the close of the two-week COP29 summit in Azerbaijan resulted from fractious and at times openly hostile negotiations, producing an agreement that even its supporters may see as insufficient and disappointing. The process of global climate cooperation will lurch forward from here under the weight of heavier existential questions.