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HomeFinance$300bn money deal agreed at COP29 to assist poorer international locations struggle...

$300bn money deal agreed at COP29 to assist poorer international locations struggle local weather change | BBC Information

A finance deal reached on the COP29 summit to assist less-developed international locations deal with local weather change has been criticised for failing to fulfill the size of the problem.

Days of negotiations in Azerbaijan – that prolonged the talks by greater than 30 hours – noticed richer international locations agree to boost their contribution to $300bn a 12 months by 2035.

The African Group of Negotiators described it as “too little, too late”, whereas the consultant from India known as it “a paltry sum”.

Poorer international locations had requested for $1.3 trillion to assist them struggle the local weather battle.

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For extra information, evaluation and options go to: www.bbc.com/information

#COP29 #BBCNews

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