Disputes in Baku are growing increasingly heated 24 hours before the UN Climate Change Conference is due to end, as developing countries demand industrialized nations drastically increase aid, while the EU,

By Kate Abnett, Valerie Volcovici and Nailia Bagirova BAKU (Reuters) -Developed nations should pay $300 billion a year by 2035 to help poorer countries deal with climate change, according to a new draft deal from U.

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

Nearly 200 nations worldwide endorsed a fraught climate finance deal early Sunday morning at Cop29 climate summit in Baku. While hailed by some as a "new era for climate finance," the $300 billion annual commitment from affluent nations left developing countries fuming,

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,