UN’s COP29 Seals $300 Billion Annual Climate Finance Deal
At COP29, developed nations committed to a $300 billion annual climate finance deal by 2035, supporting developing countries in combating climate change impacts.
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Global Carbon Market Framework Approved at COP29
At COP29 in Baku, nations approved quality standards for a UN-backed global carbon market, aiming to fund projects that reduce greenhouse gas emissions and combat climate change.