India criticizes COP29 climate finance deal as inadequate for developing nations
India has criticized the climate finance agreement reached at COP29 in Baku, calling the proposed increase to $300 billion by 2035 "too little, too distant" for developing countries. India expressed disappointment with the adoption process, claiming it was "stage-managed." The agreement aims to triple climate finance from $100 billion to $300 billion by 2035. India's negotiator stated that the current proposal does not meet the urgent financial needs of developing nations, which require $1.3 trillion annually by 2030. India's stance received support from civil society, which argued that the agreement fails to address the challenges faced by vulnerable communities. Activists emphasized that the outcome offers false hope to those already impacted by climate disasters.