Americas > COP29: New climate finance goal proposal offers $250 bln by 2035

COP29: New climate finance goal proposal offers $250 bln by 2035

Published 14:21 on November 22, 2024  /  Last updated at 18:09 on November 22, 2024  / , and /  Americas, Asia Pacific, Carbon Taxes, CBAM, Climate Talks, EMEA, International, Voluntary

A new climate finance goal of $250 billion by 2035 was proposed in a draft presidency text published on Friday at COP29, falling well below the $1.3 trillion figure requested by developing nations, while provisions that would encourage carbon markets were deleted.
A new climate finance goal of $250 billion by 2035 was proposed in a draft presidency text published on Friday at COP29, falling well below the $1.3 trillion figure requested by developing nations, while provisions that would encourage carbon markets were deleted.


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