BAKU (Reuters) -The COP29 presidency on Friday released a new draft climate finance deal proposal that would have developed nations take the lead in providing $250 billion per year by 2035.
The draft also sets a broader goal to raise $1.3 trillion by 2035, which would include funding from all public and private sources, according to the draft.
(Additional reporting by Kate Abnett and Karin Strohecker; Writing by Richard Valdmanis; Editing by Alex Richardson and William James)
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