24 November 2024
COP29 in Baku, Azerbaijan, came to an end after a bitter fight. Wealthy nations pledged to triple support to reach 300 billion Dollars per year by 2035. Developing countries said they needed 1.3 trillion Dollars. IIASA researchers also estimate the needs to reach trillions, not billions. Hence, a disappointing outcome, overshadowed by geopolitical tensions, according to IIASA’s experts.