COP29: Developing nations say $300B deal ‘not enough’

At the UN’s annual climate conference, a significant $300 billion deal was reached Saturday night by delegates from the world’s wealthiest nations to assist developing countries in transitioning away from fossil fuels. While the agreement is seen by some as a notable achievement, several nations that stand to benefit have criticized it as “stage managed” and a “travesty of justice,” expressing concerns that it falls short of addressing their urgent needs. Bianca Facchinei provides further insight into the mixed reactions surrounding the deal.