Wealthy nations agree to boost climate aid at COP29 but face criticism from developing countries
At the COP29 climate conference, wealthy nations agreed to provide £240 billion annually by 2035 to combat climate change. However, some developing countries criticized the amount as insufficient, demanding "trillions not billions." The UK is expected to contribute around £6 billion a year, which could consume nearly half of its existing aid budget. This raises concerns about funding for other humanitarian efforts. Critics argue that the deal may encourage dependency among developing nations and question the effectiveness of past aid, citing concerns about where the funds will ultimately go.