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Anger over COP29 finance deal threatens progress on carbon cuts

COP President Mukhtar Babayev (second from right) applauds the end of the climate summit

Sean Gallup/Getty Images

After a long and fraught night of talks, COP29 in Baku finally concluded in the early hours of 24 November with a deal that will see wealthier countries funnel billions of dollars to poorer countries over the next decade to pay for climate action. Despite the high numbers involved, it is a deal that seemingly pleases no one, and has called the entire COP climate summit process into question.

The finance deal was the main focus of the meeting in Azerbaijan’s capital, with…


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