The UN Climate Change Conference (COP29) at Baku, Azerbaijan, concluded on November 22, 2024, on a disappointing note as countries failed to take decisive action to address the escalating climate crisis.

One of the most critical aspects of the conference was the New Collective Quantified Goal target for climate finance, which was to be revised after 15 years. Developing nations had sought a significant increase in climate finance to $1.3 trillion per year….

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