Following heavy criticism from developing countries regarding the New Collective Quantified on Climate Finance (NCQG) at COP29 over finance developed countries agreed on the annual $300 billion climate finance by 2035.
This also saw a bitter fallout erupt between richer and poorer countries over climate finance to help tackle climate change. Least Developed Countries (LDCs) and the Alliance of Small Island States (AOSIS) walked out of talks on Saturday night but later rejoined and agreed on the annual $300 billion climate finance.
M Zakir Hossain Khan, Chief Executive, Change Initiative talked with The Climate Watch over COP29 outcome. Here is his interview.