COP29: Deal to raise $300bn a year by 2035 for poorer countries is hailed and slated

Baku's COP29 climate talks ended on 24 November with a finance deal that fell far short of some countries' expectations, while others hailed it as a success.After two weeks of intense-and often fraught-negotiations in the Azerbaijani capital, developed nations have agreed to raise at least $300bn (238bn; 286bn) a year for low and middle income countries by 2035.This is to help them phase out fossil fuels and adapt to climate change.1 Club of Rome.Open letter on COP reform to all states that are parties to the convention.15 November