BAKU: Countries at the COP29 summit in Baku adopted a US$300 billion global finance target to help poorer nations cope with the impacts of climate change, a deal roundly criticised by its int

The new USD 300 billion climate finance package for the Global South at COP29 faces criticism, with LDCs and AOSIS expressing dissatisfaction and concerns about its implementation.

The deal reached at UN climate talks in Azerbaijan ramps up the money that wealthy historic emitters will provide to help poorer nations transition to cleaner energy and adapt to global warming. Here are the main points of the agreement reached at COP29 in Baku: – $300 billion – Under a framework established by the