Global Summit Secures $300B Climate Aid Deal Amidst Tensions

At the COP29 climate conference in Baku, Azerbaijan, negotiators reached a contentious agreement for wealthy nations to provide $300 billion annually to help developing countries combat climate change, far short of the $1.3 trillion requested. The deal, criticized for its inadequacy, was brokered amid tensions and walkouts by developing nations. The conference also faced pushback on fossil fuel phase-out commitments and saw criticism over carbon market rules and insufficient health funding. Some countries announced new climate targets, but the overall outcome left many dissatisfied.