World reaches $300 bn climate finance deal at COP29
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After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours in a sports stadium in Azerbaijan.
But the applause had barely subsided in Baku when India delivered a full-throated rejection of the dollar-figure just agreed.
«The amount that is proposed to be mobilised is abysmally poor. It's a paltry sum,» said Indian delegate Chandni Raina.
«This document is little more than an optical illusion. This, in our opinion, will not address the enormity of the challenge we all face.»
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