COP29 Delivers Huge Reparations to Poorer Countries — But They Still Want More Cash - The American Spectator | USA News and PoliticsThe American Spectator | USA News and Politics

Developed countries will shell out $300 billion per year to developing countries for climate-focused efforts.

Many poorer countries had lobbied for $1.3 trillion a year in payments.

Delegates from poorer countries argued that wealthier countries should pay up because they are most at fault for global temperature increase of 1.1 degrees Celsius.

There is no agreement on who exactly will provide these billions upon billions .