climate finance deal at cop29 faces backlash from developing nations

The recent UN climate conference in Baku, Azerbaijan, concluded with an agreement for nations to contribute $300 billion annually in climate finance.

However, there was significant dissatisfaction among many countries, particularly India, due to the lack of involvement from wealthier nations.

Small Island States, which are the most vulnerable to climate change, criticized affluent countries for their perceived self-interest during negotiations.

The division between developed and developing nations remains a concern, raising doubts about the effectiveness of the agreement.

Additionally, there is a possibility that the United States may withdraw from climate discussions, as former President Trump has previously threatened to do so.

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