COP29 deal ‘marks new era for climate cooperation and finance’: EU chief

EU Commission President Ursula von der Leyen on Sunday hailed the COP29 deal in Baku as marking “a new era for climate cooperation and finance”.

She said the $300-billion agreement after marathan talks in the Azerbaijani capital “will drive investments in the clean transition, bringing down emissions and building resilience to climate change.”

“The EU will continue to lead, focusing support on the most vulnerable,” she added on X.