Developing nations blast $300 billion COP29 climate deal as insufficient

Some delegates gave the deal a standing ovation in the COP29 plenary hall. Others lambasted wealthy nations for not doing more and criticized the Azerbaijan host for hurriedly gavelling through the contentious plan.

Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticized as woefully insufficient.