A new draft of a global climate agreement released at COP29 in Azerbaijan proposes that developed countries provide $250 billion annually by 2035 to help poorer countries fight global warming.

BAKU: The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion...

A new draft deal at UN climate talks Friday proposes that rich nations commit $250 billion a year to help poorer nations combat global warming in an 11th-hour bid to break the deadlocked negotiations.

Wealthy nations on Friday offered $250 billion a year to help poorer nations hit hardest by global warming but faced immediate calls led by Africa to give more as UN climate negotiations extended into ...

Heated negotiations on a global climate deal were set to spill into Saturday after developing nations rejected an initial US$250 billion offer from rich countries to help them

Nov. 22 (UPI) -- A draft finance deal Friday at the U.N. COP29 climate and environment talks proposed wealthy nations give $250 billion a year to poorer nations in climate funding.

Tense negotiations over how much wealthy countries will pledge to their counterparts in the fight to limit global warming have overrun their Friday deadline, a holdup Canada's environment minister attributed in part to questionable leadership at the United Nations climate summit.

A draft text released Friday from the negotiators at COP29 would demand that wealthy nations give $250 billion a year in climate financing.

The talks are grappling with three major sticking points: the size of financial contributions, the balance between grants and loans, and the question of which countries will contribute.

Civil society protests $250 billion climate finance proposal at U.N. summit, urging developing nations to reject the unjust deal.