India rejects COP29 climate finance deal, calls it an optical illusion

India has rejected the $300 billion climate finance deal agreed upon at COP29, calling it an "optical illusion." The deal, which aims to support developing countries by 2035, falls short of India's demands for more substantial funding. The $300 billion is part of a larger goal of $1.3 trillion annually by 2035. India argues that this amount is inadequate to address the climate crisis, stating that $1.3 trillion per year is needed by 2030. India's negotiator, Chandni Raina, expressed disappointment with the outcome and emphasized the need for more immediate and significant financial support. Other developing countries also supported India's stance during the final discussions.