A final draft deal released Sunday at the UN COP29 summit proposes that developed nations commit at least $300 billion per year by 2035 to help poorer countries confront climate change. A number of developing countries have already responded that they need far more to help them shift away from fossil fuels and adapt to a warming planet.
COP29 final draft proposes ‘at least’ $300 billion for developing countries
Oxfam report reveals Peru’s richest 1% captured 42% of new wealth since 2019
News Desk
Oxfam’s analysis reveals that the richest 1 percent in Peru captured 42 percent of new wealth generated between 2019 and 2025, while only 1.4 percent