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Ofarrell Charter - The $300 billion annual commitment pales in comparison to the $1 trillion annually. India's stance at cop29 was clear: After a complex negotiation at the climate finance in baku during cop 29, countries adopted a $300 billion a year global finance target on sunday to help poorer nations. The tumultuous cop29, the un climate summit, concluded in azerbaijan’s baku after talks continued until early sunday. Developed nations forced a deal agreeing to provide. Under the deal, wealthy nations pledged to reach $300 billion per year in support by 2035, up from a current target of $100 billion. With a central focus on climate finance, cop29 brought together nearly 200 countries in baku, azerbaijan, and reached a breakthrough agreement that will: India voiced strong opposition to the climate finance agreement reached at cop29 in baku, deeming the proposed increase to $300 billion by 2035 as too little, too. The global south demands $1.3 trillion. The pledged support is, however, less than.

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