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The Guardian - UK
The Guardian - UK
World
Fiona Harvey Environment editor

Cop29 host Azerbaijan seeks $1bn from fossil fuel producers for climate fund

United Nations Cop29 COP Azerbaijan Oil
Oil drilling equipment in the Caspian Sea near Baku, Azerbaijan
Oil drilling equipment in the Caspian Sea near Baku, Azerbaijan, in 2017. The country is hosting the Cop29 UN summit this November. Photograph: Grigory Dukor/Reuters

Fossil-fuel producing countries and companies are being asked to pay into a new international fund to help poor countries cope with the effects of the climate crisis.

The climate investment fund is being set up by the Azerbaijan government, host country of the Cop29 UN climate summit in November.

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