UN climate summit approves $300 billion fund to support developing nations

by · India Today

Delegates from developing countries have responded to the UN climate agreement, which allocates $300 billion annually to combat climate change. The agreement is designed to assist poorer nations in dealing with the impacts of global warming, following intense negotiations in the city that marked the beginning of the oil industry. COP 29 president Mukhtar Babayev approved the deal before any country could voice their opinion.