World approves $300 bn for poor nations in climate deal

World approves $300 bn for poor nations in climate deal
Sunday 24 November 2024 - 00:31

Nearly 200 nations approved Sunday a climate deal that raises to at least $300 billion a year the amount wealthy historic polluters pay poorer countries to take action against global warming.

After two weeks of exhausting negotiations in Azerbaijan that dragged well into overtime, COP29 president Mukhtar Babayev banged the gavel at 2:39 am (2239 GMT Saturday) to approve the global pact.

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