Climate Finance Deal

After weeks of wrangling marked by tense negotiations between developing and developed countries, the United Nations climate talks at COP29 in Azerbaijan's Baku, finally reached an agreement to inject at least $300 billion annually by 2035 to humanity's fight against climate change – an increase by 300 per cent from $100 billion per year in climate finance by 2020 rich countries' previously pledged to provide. The goal is for developed countries to help developing nations cope with the ravages of the climate change impacts.