Skip to main content
The Morning Star Shop
Countries line up at Cop29 to blast draft climate finance deal
Activists participate in a demonstration for climate finance at the COP29 U.N. Climate Summit, November 21, 2024, in Baku, Azerbaijan

COUNTRIES at the Cop29 climate summit in Azerbaijan took it in turns today to reject a new draft deal on the money that developing countries should receive to help them transition to clean energy and adapt to climate change.

The proposals omit the crucial sticking point of how much wealthy nations will pay poor countries. 

A key option for the lowest amount donors are willing to pay was just a placeholder “X.” Part of that is because rich nations have yet to make an offer in negotiations.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
A general view of staff on a NHS hospital ward
Features / 29 August 2025
29 August 2025

Money makers already exploit cleaning and catering contracts while the military-industrial complex diverts billions from health to warfare — but Bevan’s vision will endure as long as people fight for it, writes ROGER MCKENZIE

Sudan / 25 August 2025
25 August 2025
FORWARD TOGETHER: Lenin giving a speech to the delegates of the Second World Congress of the Communist International on July/August 1920 / Pic: Retake by George Shuklin/Museum of Political History of Russia/Public domain
Features / 21 August 2025
21 August 2025

ROGER McKENZIE looks at the gradual demise of US’s nefarious influence around the world and the complexity of impending freedom

Similar stories
Mukhtar Babayev, COP29 President, speaks during the opening
World / 11 November 2024
11 November 2024