At COP29 in Baku, world leaders discuss the urgent need for substantial funding to help lower-income countries adapt to climate change, with divisions over financial responsibility. The new climate finance target aims to replace the insufficient $100 billion annual goal set in 2009, with estimates suggesting a need for up to $9 trillion by 2030. International banks are major providers of climate finance, but developing nations struggle to access necessary funds compared to industrialized countries. Teljes cikk (Euronews.com)