Historic $300B Climate Finance Deal Reached at COP29

At COP29 in Azerbaijan, wealthier nations pledged a record $300 billion to help developing countries combat climate change, despite the talks nearly collapsing and failing to advance commitments to reduce fossil fuel use. The deal, reached after intense negotiations, aims to support vulnerable nations disproportionately affected by climate change, though it faced criticism for insufficient action and funding. The agreement highlights ongoing global efforts to address climate issues, but geopolitical challenges and the absence of U.S. support under President Trump complicate progress.