‘No deal is better than a bad deal’: Cop29 deadlocked over climate fund

Your support enables The Independent to report on critical issues such as reproductive rights, climate change, and Big Tech, providing in-depth coverage and investigations. At Cop29, a draft text proposed a $250bn annual target for climate finance, which was criticized as insufficient by developing countries and campaigners, who argue for more grants and public funding to support vulnerable populations. Despite negotiations running overnight, the outcome may still fall short of the trillion-dollar goal, with calls for wealthier nations to increase their contributions and for developing countries to reject the proposed text.

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