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Here’s what to know about the new funding deal that countries agreed to at UN climate talks

  • Countries at UN climate talks agreed that rich nations will provide at least $300 billion annually by 2035 for poor nations facing climate change.
  • The agreement is a step toward helping vulnerable countries set more ambitious targets for cutting emissions.
  • World Resources Institute president Ani Dasgupta stated the deal is a "down payment," but poorer nations feel disappointed by the limited funding.
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