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Nations at UN climate talks agree on $300B a year for poor countries in a compromise deal

  • Nations have agreed to provide $300 billion annually for poorer countries to address climate change, as stated in the COP29 conference deal.
  • Developed countries must pay this amount by 2035 to help developing nations green economies and prepare for disasters.
  • The deal, reached after lengthy negotiations, will assist countries in moving away from fossil fuels and adapting to climate impacts.
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