The deal reached at UN climate talks in Azerbaijan ramps up the money that wealthy historic emitters will provide to help poorer nations transition to cleaner energy and adapt to global warming. Here are the main points of the agreement reached at COP29 in Baku: – $300 billion – Under a framework established by the

Countries agreed on a deal to inject at least $300 billion annually in humanity's fight against climate change, aimed at helping poor nations cope with the ravages of global warming at tense United Nations climate talks in the city where industry first tapped oil.

Here are some of the takeaways from the COP29 summit, which delivered a deal on climate finance in Azerbaijan’s capital of Baku.

The petroleum-laden dust has settled on this year’s United Nations climate summit, COP29, held over the past fortnight in Baku, Azerbaijan. Climate scientists, leaders, lobbyists and delegates are heading for home.

The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion in annual climate finance by 2035 drew criticism from all sides.

The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to $300 billion per year by 2035, sources told Reuters on Saturday.

World leaders at the UN conference of parties (COP29) have finally agreed on a new finance deal of $300 billion after days of intense negotiations.

The world approved a bitterly negotiated climate deal Sunday committing wealthy historic polluters to $300 billion annually for poor and vulnerable nations that had demanded far more to confront the

Euronews Green brings you the latest updates from the UN climate conference in Baku, Azerbaijan. View on euronews

By Kate Abnett, Valerie Volcovici and Karin Strohecker BAKU (Reuters) -Countries agreed on Sunday to an annual finance target of $300 billion to help poorer countries deal with the impacts of climate change,