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BreakingClimate finance deal clears final hurdle at global summit

Delegates agreed a phased fund with independent oversight after two nights of talks.

By Updated 26 Jul 2026, 07:3631,240 reads
1 min read
Climate finance deal clears final hurdle at global summit

Negotiators approved a compromise text that unlocks long-delayed climate finance for vulnerable economies.

What changes now Disbursement begins next quarter, with an independent audit board reporting twice a year.

Officials described the outcome as imperfect but workable.