The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates.

In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change.

Representatives of developing countries and climate activists were furious over the outcome, saying $300 billion annually from industrialized countries is far short of what vulnerable nations need to better protect themselves from climate change.

Developing nations got a promise of at least $300 billion in climate finance from rich countries such as the U.S. and the EU’s members. They wanted far more.

This year's U.N. climate summit delivered a deal on climate finance two days past deadline, after two weeks of tense negotiations. Here are some of the takeaways from the COP29 summit held in Azerbaij

After three sleepless nights of back and forth among negotiators, all it took to seal a contentious global deal on climate finance was the hammering of a gavel."This has been stage-managed and we are extremely,

Negotiators from nearly 200 nations made a nonbinding commitment that wealthy nations would aim to provide $300 billion annually by 2035 to help poorer nations.

United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity’s fight against climate change, aimed at helping developing nations cope with the ravages of global warming in tense negotiations.

A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer

At COP29, nations agreed on a deal to inject at least $300 billion annually in humanity's fight against climate change and to help poor countries cope.