Reports: Industrialised nations prepare to up COP29 climate finance offer

James Murray
clock • 5 min read
Credit: UNclimatechange @ Flickr
Image:

Credit: UNclimatechange @ Flickr

UPDATED: But lack of fresh negotiating text means it remains unclear if strings will be attached to floated offer of $300bn a year in climate finance

Industrialised nations are reportedly set to increase the climate finance target at the heart of the fractious COP29 negotiations in Baku from $250bn to $300bn a year, after Ministers worked through the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

The 89 Percent Project launches mission to give voice to 'silent climate majority'

The 89 Percent Project launches mission to give voice to 'silent climate majority'

Dozens of global newsrooms launch campaign to highlight how nine-in-10 people want stronger action to tackle climate change - but mistakenly believe they are in a minority

Stuart Stone
clock 22 April 2025 • 5 min read
'An unflinching global champion of climate action': Environmental leaders hail Pope Francis' green legacy

'An unflinching global champion of climate action': Environmental leaders hail Pope Francis' green legacy

Climate diplomats recall how late Pope helped build support for bolder climate action and is even rumoured to have played a critical role in delivering the Paris Agreement

James Murray
clock 22 April 2025 • 5 min read
Three ways Pope Francis influenced the global climate movement

Three ways Pope Francis influenced the global climate movement

The late Pope was one of the world's most powerful advocates for global environmental action and a player in international climate talks

Celia Deane-Drummond, University of Oxford - The Conversation
clock 22 April 2025 • 5 min read