Developing Countries Demand $900 Billion in Public Funding as Part of $1.3 Trillion Climate Finance Package

At the COP29 summit in Baku, developing countries called for up to $900 billion in public funding from developed nations as part of a new climate finance package. The funds would reduce emissions and help vulnerable countries adapt to climate change‘s growing impacts. 

The demand is central to UN climate talks, as nations seek to address climate challenges and fulfill long-standing financial commitments.