Developing nations say $300bn COP29 deal not enough after agreement | Climate Crisis News

by Press Room


Negotiators at the United Nations climate talks agreed on a $300bn target to help developing nations adapt to climate change, but many poorer nations have dismissed the agreement as insufficient.

The agreement came on Sunday, a day after the COP29 talks were supposed to end in Baku, the capital of Azerbaijan.

Richer nations agreed to pay at least $300bn a year by 2035 to help poorer countries make their economies more environmentally-friendly, and prepare for natural disasters.

The number is an increase from a previous $100bn pledge, but was still $200bn less than the number called for by…



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