While offering relief to low-income households, such measures encourage the continued use of the fossil fuels driving climate ...

Many developing countries had pushed for at least $500 billion, but developed nations under political and fiscal pressure had ...

The deal reached at UN climate talks in Azerbaijan ramps up the money that wealthy historic emitters will provide to help poorer nations transition to cleaner energy and adapt to global warming.

Following intense negotiations, nearly 200 countries at the COP29 summit in Baku have agreed to a historic climate finance ...

UN climate chief Simon Steill hailed the outcome as an insurance policy for humanity. Read more at straitstimes.com.

U.S. fossil fuel exports led to more than 2 billion tons of carbon dioxide emissions in other countries in 2022.

Some hailed it as a good step forward, but delegates from poorer countries said it wasn’t enough to help them meet their ...

After contentious climate finance pact, developing nations criticize $300 billion pledge as inadequate in global climate deal.

Some delegates gave the deal a standing ovation in the COP29 plenary hall. Others lambasted wealthy nations for not doing ...

Richer countries have pledged to give a record $300bn (£238bn) to the developing world to help them prepare for and prevent ...

Negotiators from nearly 200 nations made a nonbinding commitment that wealthy nations would aim to provide $300 billion ...