Via Matt McGrath in bbc.com: COP29 is over, with developing countries complaining that the $300bn (about £240bn) a year in climate finance they will receive by 2035 is a paltry sum. Many of the rich country voices at the UNs climate conference were amazed that developing nations were unhappy with what on the surface seems a huge settlement. It is an improvement – on the current contribution of $100bn (£79.8bn) a year. However, the developing world, which had pushed for more, had many genuine issues with the final sum. There were complaints it simply was not enough and that it was a mixture of grants and loans. And countries were deeply annoyed by the way the wealthy waited until the last minute to reveal their hand.
