$300B climate change deal sparks hope in some, outrage in others

Chandni Raina, part of India's negotiating team, speaks to the media outside a closing plenary session at the COP29 U.N. Climate Summit in Baku, Azerbaijan, Nov. 24, 2024. The $300 billion that will go to developing nations each year amounts to "a paltry sum," she said. Mukhtar Babayev, COP29 President, right, embraces Simon Stiell, United Nations climate chief, after gaveling a deal for money to curb climate change at the COP29 U.N. Climate Summit in Baku, Azerbaijan, Nov. 24, 2024. Nkiruka Maduekwe, CEO of Nigeria's National Council on Climate Change, speaks during a closing plenary session at the COP29 U.N. Climate Summit in Baku, Azerbaijan, Nov. 24, 2024. An attendee reacts during the closing plenary session at the COP29 U.N. Climate Summit in Baku, Azerbaijan, Nov. 24, 2024. Wopke Hoekstra, EU climate commissioner, speaks to members of the media at the COP29 U.N. Climate Summit in Baku, Azerbaijan, Nov. 24, 2024.

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