In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change.

Wealthy countries pledged to provide $300 billion a year by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis — a figure many developing countries criticized as vastly insufficient.

After marathon talks, wealthy nations commit $300B yearly aid to developing countries, falling far short of the demanded $1.3T target.

At COP29, nations agreed on a deal to inject at least $300 billion annually in humanity's fight against climate change and to help poor countries cope.

The United Nations reached a $300 billion climate agreement for developing countries as they grapple with the significant effects of climate change. Delegates agreed Saturday to the billion-dollar pledge after “weeks of intense negotiations,