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

  • Countries agreed to provide $300 billion annually to support poorer nations in addressing climate change, with rich countries leading the payments.
  • The agreement, reached at COP29 in Baku, commits developed nations to pay by 2035 to help poorer nations green their economies.
  • The funding aims to help developing countries reduce reliance on fossil fuels and recover from extreme weather caused by climate change.
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