Rich nations should give $250 bn for climate action by 2035: COP29 draft

A new draft deal at the COP29 Summit on Friday proposed that rich nations commit $250 billion a year to help poorer nations combat global warming in an 11th-hour bid to break the deadlocked negotiations. African countries and climate activists quickly denounced the figure as "unacceptable" and inadequate to meet the realities of a rapidly warming world.