The Conference of Parties (COP)29 climate summit in Baku, Azerbaijan, ended on a dramatic note as negotiators announced a pledge to triple annual climate finance to $300 billion by 2035, with an aspirational target of $1.

India gave a fiery speech after the COP29 talks approved a new climate finance goal, suggesting rich nations are failing

UN climate talks in Baku concluded with a disappointing $300 billion per year climate finance pledge from developed nations by 2035, falling short of

India was the first country at COP29 to oppose the new climate finance goal of $300 billion annually by 2035 for developing countries for climate action

Climate advocates say the package on mitigation, adaptation and finance fails to deliver on the promises of the Paris Agreement, come calling it "insulting" and a "joke"

Calling the proposed amount of $300 billion a year an "optical illusion", an Indian representative at COP 29 said that it wouldn't address the real climate challenges and added that it reflects the unwillingness of the developed country parties to fulfil their responsibilities.

COP29: Wealthy countries agreed to a climate deal, pledging $300 billion annually by 2035 to support poorer nations. India’s representative criticized the amount as insufficient in addressing the climate crisis.

Western leaders welcomed the deal, as US President Joe Biden says the world is "one significant step closer" to achieving climate goals.

BAKU, AZERBAIJAN - At the ongoing Cop29 conference in Baku, India has criticised a proposed deal that would see wealthy nations contribute 300-billion dollars annually in climate finance to developing countries.