After two weeks of intense negotiations, delegates at COP29, formally the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), agreed to provide these funds annually, with an overall climate financing goal of "at least $1.3 trillion" by in 2035".<\/p>\n
Countries also agreed on the rules of a UN-backed global carbon market. This market will facilitate the trading of carbon credits and encourage countries to reduce emissions and invest in climate-friendly projects. (More on news.un.org<\/span><\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":" After two weeks of intense negotiations, delegates at COP29, formally the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), agreed to provide these funds annually, with an overall climate finance target of \u201cat least $1.3 trillion\u201d by 2035. Countries also agreed on the rules for a global carbon market supported by [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-32400","post","type-post","status-publish","format-standard","hentry","category-cop28-cop29-cop30-cop31"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/32400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=32400"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/32400\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=32400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=32400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=32400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}