COP29: Global Pact to Triple Climate Aid for Developing Nations

COP29 concluded with a contentious $300 billion annual climate finance deal for developing countries by 2035, which many deemed insufficient. The conference highlighted deep divisions between rich and poor nations, with developing countries criticizing the mix of grants and loans. The event also saw increased activism and concerns over the influence of authoritarian host nations. China's emerging role in climate leadership was noted, especially as the US's future involvement remains uncertain due to potential political changes. The conference underscored the need for reform and more effective climate action.