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Nations at UN climate talks agree on $300B a year for poor countries in a compromise deal

  • Wealthy historic polluters have committed to providing $300 billion annually to poor nations by 2035 to help them deal with climate challenges.
  • Developed countries will assist developing nations in shifting away from fossil fuels and preparing for climate-associated disasters.
  • Although the deal is only a fraction of the $1.3 trillion requested, it triples the previous commitment of $100 billion from 2009.
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