Countries at the UN COP29 climate summit in Azerbaijan are due to replace a goal initially agreed in 2009. Back then, developed nations pledged to provide $100bn annually in climate financing for developing countries by 2020,

Under the 2015 Paris Agreement countries agreed to set a new, higher annual, climate finance goal by 2025 and this scheduled for negotiation at COP29, which starts today.

Research has shown that climate change could cost African economies up to 15% of their gross domestic product (GDP) by 2030.