Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight

At COP29, wealthy countries pledged $300 billion annually by 2035 to help poorer nations combat climate change. This agreement follows extensive negotiations and disputes over the past two weeks. India's representative, Chandni Raina, criticized the pledge as inadequate, calling it a "paltry sum." She argued that the funding does not meet the scale of the climate crisis. The agreement was reached despite tensions, including walkouts by representatives from vulnerable small island states and least-developed countries during the talks.