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AAP
AAP
Callum Godde

Australian activists pan 'shameful' global climate deal

Australia

A deal to triple funding to combat global warming leaves Pacific countries high and not-so dry, Australian activists say.

The 2024 United Nations Climate Change Conference, known as COP29, reached a financing agreement on Sunday, Australian time, after tense negotiations were extended in the host city of Baku, Azerbaijan.

Developed countries agreed to provide $US300 billion ($A462 billion) in annual climate finance for poorer nations by 2035, replacing a commitment to provide $US100 billion ($A154 billion) a year by 2020 that was due to expire in 2025.

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