Critics slam Cop29 climate finance deal as inadequate for developing nations

At Cop29, negotiators agreed to triple climate finance to poorer countries, pledging $300 billion annually, a significant increase from the previous $100 billion promise. However, this falls short of the $1.3 trillion requested by developing nations. Critics, including negotiators from India and Nigeria, labeled the deal a "travesty of justice," arguing it does not meet the urgent needs of vulnerable countries. They expressed concerns over the process, claiming it was rushed and lacked transparency. The deal has been met with disappointment from many developing nations, who feel their interests were overlooked. The least developed countries stated that the agreement undermines three years of negotiations and erodes trust in climate discussions.