Skip to main content
The Morning Star Shop
New climate justice cash draft deal ‘angered’ developing nations
Activists participate in a demonstration against fossil fuels at the COP29 U.N. Climate Summit, November 22, 2024, in Baku, Azerbaijan

A NEW draft of a deal on cash to adapt to climate change released today afternoon at the United Nations climate summit (Cop29) “angered” developing nations.

The new draft deal set out in Azerbaijan capital Baku pledged just $250 billion (£198bn) by 2035 from wealthy countries to poorer ones. 

The amount is more than double the previous goal of $100bn (£79bn) a year set 15 years ago, but it’s less than a quarter of the amount demanded by developing nations struck hardest by extreme weather. 

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
FLAGGING POWER OF THE WEST: Nigerian and US soldiers raise their respective flags at a US military base in the country in 2018; last year, at the demand of the new transitional government of General Abdurahmane Tchiani, all US troops left. Photo: Africom
Features / 7 August 2025
7 August 2025

ROGER McKENZIE reports on the west African country, under its new anti-imperialist government, taking up the case for compensation for colonial-era massacres

Relatives of Palestinian child Salem Hussein, 12, killed in an Israeli army bombardment of Gaza, mourn beside his body at Shifa Hospital in Gaza City, July 22, 2025
North Africa / 24 July 2025
24 July 2025

For Egypt trade trumps the Israeli genocide of the Palestinians, but how long can the country’s ‘misleaders’ – and others in the region – continue their indifference against the popular will of their own people, asks ROGER McKENZIE

Sudanese displaced families take shelter in a school after being evacuated by the Sudanese army from areas once controlled by the paramilitary Rapid Support Forces in Omdurman, Sudan, March 23, 2025
Northeast Africa / 11 July 2025
11 July 2025
Similar stories
Activists participate in a demonstration for climate finance
World / 24 November 2024
24 November 2024
Activists participate in a demonstration for climate finance
World / 21 November 2024
21 November 2024