COP29 | Supporting developing countries in climate actions 1
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BAKU - After COP29 extended into the weekend due to an impasse, the delegates at the annual UN climate change conference have finally reached agreement on climate finance.
Many developing nations believe they are being short changed.
The New Collective Quantified Goal which is the amount that developed countries have agreed to pay developing countries is 300 billion US dollars annually.
India says its too little too distant.
Tshepo Ntsane, RNB Sustainable Finance Transactor discussed this with eNCA.