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$300bn cash deal agreed at COP29 to help poorer countries fight climate change | BBC News
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November 24, 2024
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as posted by the channelA finance deal reached at the COP29 summit to help less-developed countries tackle climate change has been criticised for failing to meet the scale of the challenge.
Days of negotiations in Azerbaijan - that extended the talks by more than 30 hours - saw richer countries agree to raise their contribution to $300bn a year by 2035.
The African Group of Negotiators described it as "too little, too late", while the representative from India called it "a paltry sum".
Poorer countries had asked for $1.3 trillion to help them fight the climate battle.
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