At COP29, nations agreed on a deal to inject at least $300 billion annually in humanity's fight against climate change and to help poor countries cope.

Climate talks reach finance deal blasted as inadequate by developing nations. BAKU, Azerbaijan — Negotiators from nearly 200 countries agreed Saturday night in a nonbinding commitment that wealthy nations would aim to provide at least $300 billion annually by 2035 to help poorer nations suffering the most from climate change.

The COP29 talks have laid bare the divisions between wealthy governments and developing nations reeling from the costs of storms, floods and droughts fueled by climate change.