The United Nations climate talks in Baku produced a deal committing $300 billion annually to assist developing nations in combating the effects of climate change.
Despite the agreement to inject at least $300 billion annually, developing countries expressed outrage, calling the deal insufficient and a reflection of wealthy nations' stinginess.
Nations expressed strong dissatisfaction with the climate deal, citing it as a mere fraction of the required funding and emphasizing their ongoing struggle for adequate climate financing.
The COP29 President acknowledged the deal but faced backlash from representatives of developing countries for proceeding without consensus, revealing tensions in negotiation proceedings.
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