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TaiwanPlus News
  • 11/25/2024
Wealthy countries at COP29 have committed to increasing their offer of a global finance target to US$300 billion per year by 2035.
Transcript
00:00At the COP29 climate summit in Azerbaijan, wealthy countries have agreed to raise their
00:06offer for annual climate funding to US$300 billion per year by 2035. That's after a US$250
00:14billion proposal was criticized by developing countries as being insultingly low. The new
00:20commitment triples the previous pledge of US$100 billion in annual funding to poorer
00:25nations, which expires next year.

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