The U.N. climate summit ended with a $300 billion annual climate finance deal, which activists criticized as inadequate for addressing the scale of climate crisis impacts on developing nations.
Brandon Wu stated the U.S. has avoided its 'climate debt' to poorer nations by escaping obligations, emphasizing that the current deal is a 'very bad deal.'
Asad Rehman indicated that wealthier countries must drastically increase their contributions, labeling the $300 billion deal a mere 'drop in the ocean' compared to what is needed.
Activists at COP29 argue that the finance deal does not meet the urgent needs of developing countries and call for significant changes in future climate conferences.
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