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NEU Senior Industrial Organiser
Cop29 ends on a 'farcical' deal for poorest nations
Activists participate in a demonstration at the Cop29 UN Climate Summit, November 23, 2024, in Baku, Azerbaijan

THE Cop29 summit was branded a “farce” today for ending on a “drop in the ocean” financial package for developing countries bearing the worst impacts of climate change.

Wealthy countries’ £240 billion annual funding agreement is less than a quarter of the £1trn affected nations had said was needed.

ActionAid UK senior climate resilience specialist Zahra Hdidou described its text as “a complete catastrophe and a farce”  as the UN environmental conference drew to a close in Baku, Azerbaijan.

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