Developing nations reject COP29 climate deal as inadequate funding falls short

The COP29 climate conference concluded with key developing nations rejecting a financial deal proposed by wealthy countries. The agreement offered $300 billion in climate aid by 2035, far below the $1.3 trillion requested by poorer nations. India, Nigeria, Malawi, and Bolivia have publicly opposed the deal, criticizing it as insufficient and a "joke." Activists argue that the financial commitments are inadequate and primarily consist of loans, which could further burden developing countries. The conference faced significant controversy, including allegations of manipulation by the host nation, Azerbaijan. Calls for reform of the COP process have emerged, as experts express concerns over the effectiveness of current climate negotiations.