UN Climate Conference in Baku Raises Aid for Developing Countries
The UN Climate Conference in Azerbaijan reached a significant agreement to increase climate aid for poorer nations, committing to at least $1.3 trillion annually by 2035. This funding aims to help developing countries pay for climate protection and adapt to the impacts of global warming. Calls for enhanced contributions from multilateral development banks and private investments were part of the resolution. However, specific accountability for contributions was not established, raising concerns among climate advocates about the effectiveness of these pledges.