Climate Summit Funding Splits
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new climate funding goalReuters
•Countries still far apart on COP29 finance goal
79% Informative
New target will replace wealthy nations' current commitment to provide $100 billion each year in climate finance to developing countries.
Vulnerable and developing countries want a far larger funding goal than $100bn.
Donor countries like Canada and EU say stretched national budgets mean huge jump in public funding is unrealistic.
EU has demanded that China contribute to new climate funding goal.
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