COP29 week two: Finance deal stirs controversy
The UN climate summit in Baku, Azerbaijan, concluded Nov. 22 with a significant yet contentious agreement on climate finance, criticized by many developing countries who expressed disappointment over its limited scope. “I had hoped for a more ambitious outcome—on both finance and mitigation—to meet the great challenge we face,” UN Secretary-General António Guterres said after the final deal was announced. The urgency of the situation had already been outlined in the World Meteorological Organization’s State of the Climate Update for COP29. The report