This was reported by Yalchin Rafiev, Chief Negotiator of the 29th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) and Deputy Minister of Foreign Affairs of Azerbaijan.
At COP29, $250 billion in funding was agreed upon for climate projects
The parties reached a consensus on Article 6 of the agreement, which provides for allocating $250 billion to implement climate plans.
