Former US Vice President Al Gore speaks during a session at the United Nations Climate Change Conference (COP29) in Baku on November 15, 2024. screamed a protest banner at the COP29 summit in Azerbaijan, where negotiations over how much rich nations most responsible for climate change should pay poorer ones are getting heated. Here's a look at what developing countries need, and who is helping them foot the bill. A group of leading economists commissioned by the United Nations estimates that developing countries, excluding China, need $2.4 trillion a year in climate finance by 2030. Developing countries are the least responsible for global warming, but the most exposed to climate shocks, which are accelerating as the planet warms.

Source: Daily Nation November 15, 2024 17:22 UTC