The target, or new collective quantified goal (NCQG), will replace the existing $100 billion goal that is due to expire in 2025.

The agreement hinged on ensuring credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.

Past failures to meet climate finance obligations have also made developing countries mistrustful of new promises.

Many Western governments arrived in Baku reluctant to pledge big sums.

COP29 host Azerbaijan's President Ilham Aliyev accused Western countries of hypocrisy for lecturing others while still being major consumers and produ...

Scientists say evidence shows global warming and its impacts are unfolding faster than expected.

In recent years, a series of climate-fuelled disasters and extreme events, from Australia’s bushfires to Spain’s floods, have wrought havoc around the...

The COP29 talks begin on November 11, 2024, in Baku, Azerbaijan.