Anger over COP29 finance deal threatens progress on carbon cuts

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 richer countries funnel billions of dollars of cash to poorer countries over the next decade to pay for climate action – 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 Baku, with poorer countries lobbying for $500 billion a…