Wealthy nations agree to take the lead in helping developing countries shift to a low-carbon economyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Australian government has been urged to “step up” and do more to address the climate crisis after a major UN summit ended with a global finance agreement that developing countries criticised for not going far enough.The Cop29 talks in the Azerbaijan capital of Baku ended at 4am on Sunday with a consensus agreement that developing countries would be paid at least US$300bn (A$460bn) a year in global climate finance by 2035 to help them shift to a low-carbon economy and adapt to the impacts of extreme weather.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/nov/25/australia-urged-to-do-more-on-climate-crisis-after-playing-role-in-trillion-dollar-cop29-shortfall
Author : Adam Morton in Baku
Publish date : 2024-11-24 23:59:28
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Australia urged to do more on climate crisis as activists rue trillion-dollar Cop29 funding gap
