Published

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

  • Countries agreed on a finance target of $300 billion annually to help poorer nations deal with climate change impacts, as stated during COP29 in Baku.
  • The agreement commits developed nations to contribute at least $300 billion a year by 2035, increasing from the current $100 billion.
  • This deal aims to aid developing countries in transitioning from fossil fuels and adapting to climate change impacts, crucial for meeting future emission targets.
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  • 43% of the sources are Center
43% Center
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