By Reuters | Saturday, November 23, 2024Past failures to meet climate finance obligations have also made developing countries mistrustful of new promises. Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. (Photo: REUTERS/Murad Sezer)Past failures to meet climate finance obligations have also made developing countries mistrustful of new promises. The new goal is intended to replace developed countries' previous commitment to provide $100 billion in climate finance for poorer nations per year by 2020. Attendees sit in the negotiation room during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 23, 2024.

Source: Daily Nation November 23, 2024 20:35 UTC