U.N. COP29 Climate Summit Finance Pact

Negotiators at the U.N.'s COP29 climate summit demand $300 billion a year from wealthy countries to gift poorer countries until 2035. Climate activists criticize the amount and push for $400 billion. India rejects the deal as 'abysmally poor.'

U.N.'s COP29 Climate Summit Funding Proposal

The draft text from the U.N.'s COP29 climate summit demands wealthy nations to gift $250 billion a year to poorer countries until 2035, causing outrage among climate activists. The summit faces criticism for its reliance on natural gas and lack of commitment from major polluters. The proposed funding amount is considered insufficient by environmental groups.