COP 29: The ‘Finance COP’ The 29th UN climate summit in Baku, Azerbaijan last year was dubbed the ‘finance COP’ and while 56,000 delegates from nearly 200 countries attended, it is widely regarded as disappointingly too little, too late. As the label suggests, the key outcome was the “New Collective Quantified Goal” of $300 billion a year for climate finance in the developing countries. This was a compromise following intense negotiations, met with frustration and outrage, as UN experts noted...