$300bn cash deal agreed at COP29 to help poorer countries fight climate change | BBC News

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A finance deal reached at the COP29 summit to help less-developed countries tackle climate change has been criticised for failing to meet the scale of the challenge.

Days of negotiations in Azerbaijan - that extended the talks by more than 30 hours - saw richer countries agree to raise their contribution to $300bn a year by 2035.

The African Group of Negotiators described it as "too little, too late", while the representative from India called it "a paltry sum".

Poorer countries had asked for $1.3 trillion to help them fight the climate battle.

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INDIA is absolutely right..Rich nations better pay especially Colinial Britishers

LovingAllll
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$300bn a year. That'll keep the corrupt leaders of developing nations happy.

PaulB-eqbx
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Im getting tired of the Great Green Energy SCAM.

GSXK
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It's not about the planet it's about money that's why it will achieve nothing but conflict

DreadWaaaghGaming
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When did people become so stupid? This is just a cash grab.

dominic
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Good to see Labour giving our money away again. No wonder taxes are so high.

woildee
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It's all about the money, not the climate.

louisastrickland-jm
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So how are they going to use this money and how will the spending be audited? And will the public be given documented details of each country’s actual detailed spend together with evidenced actual outcomes on each yearly spend.

davidwalker
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INDUSTRIAL SCALE GRIFTING. UTTERLY DISGUSTING.

colinfarrelly
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The only thing changed is the state of Britain.

hashtagalong
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Bloody disgusting this money our money will going into corrupt officials and be lost in transit, it’s disgusting 🤮

andrewdilworth
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Why developed nations are giving poorer nations money:
1. Developed nations have contributed far more in polution.
2. Poorer nations are closer to the equator and far more at risk.
3. Everyone benefits from reducing climate change.
4. There's more people in developing nations than in developed nations.

ihavenomouthandimusttype
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And yet in a decade I'm sure we'll hear about how there isn't enough money and everything's getting worse...

UnIimited_Power
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Translation. Continue to line the pockets of politicians and western contractors at the expense of the taxpayers.

charlesjohnston
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Anyone else fed up of people wanting handouts?

GIBBO
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Its all a big con, and someone is making a fortune out of it.

trytellingthetruth.
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Im sure it wont go to corrupt officials 😂😂😂😂.

bobthebuilder
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The scam continues. 29 of these jamborees and the pollution is getting worse 😂

ianharley
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If Labour really has a £22Bn black hole in the public finances, then how come it has enough to just give money away? 🤔🤡

cp
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What a waste, the people giving it are unhappy with it, the people getting it are unhappy with it.

chrisRdrums