Baku's Climate Pact: $300B a Year Sparks Hope and Headaches

At COP29 in Baku (Nov 11-22, 2024), wealthy nations agreed to dole out $300 billion annually by 2035 to help developing countries battle climate change. While a landmark move with the new Loss and Damage Fund, critics like India and Nigeria grumble it’s only a sliver of the $1.3 trillion they demand. Amid political squabbles and fossil fuel fuss, there’s cautious optimism that this deal might actually cool things down.