On 24 November in Baku, Azerbaijan’s chairmanship of COP29 announced the agreement on the Baku Finance Goal. It envisages a key goal for ‘developed countries to take the lead in mobilising at least USD 300 billion per year for developing countries by 2035’.
Read more:
https://cop29.az/en/media-hub/news/breakthrough-in-baku-delivers-13tn-baku-finance-goal
https://unfccc.int/documents/643641