COP29

climate

qihou

气候

summit

fenghui

峰会

reached

dacheng

达成

finance

rongzi

融资

agreement

xieyi

协议

。

New Words

News in English

COP29 climate summit reaches landmark deal on climate finance for developing nations

Climate finance goal set at 300 billion dollars annually for developing nations by 2035.

The 29th Climate Conference was held in Baku in November.

Countries reached a historic agreement on climate action. Developed nations agreed to provide 300 billion dollars in climate finance to support developing countries.

Developing nations argued that the funding amount was insufficient to address the magnitude of the climate crisis.

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