Developing Countries Criticize $300 Billion Deal at UN COP29 for Climate Transition Funding

In a significant development at the UN COP29 conference, a coalition of developing countries has sharply criticized a newly brokered deal that pledges $300 billion to aid their transition to cleaner energy sources. The deal, aimed at supporting these nations in combating climate change and promoting sustainable growth, has faced backlash over concerns regarding its adequacy and the fairness of its distribution. FRANCE 24 reports on the unfolding dynamics at the conference, highlighting the critical voices from the developing world and the challenges that lie ahead in the global fight against climate change.

• The deal pledges $300 billion to assist developing countries in transitioning to cleaner energy sources.
• Developing countries at the UN COP29 conference have criticized the deal, questioning its adequacy and fairness.
• The funds are intended to support these nations in combating climate change and promoting sustainable economic growth.
• Critics from the developing world argue that the deal does not sufficiently address the scale of the challenges they face due to climate change.
• The controversy highlights the ongoing struggles in global climate negotiations, particularly regarding financial commitments and support mechanisms for vulnerable nations.

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