Countries agreed to a hard-fought COP29 deal to provide $300 billion in annual climate finance by 2035. But while some delegates reacted to the agreement early Sunday with a standing ovation, others voiced anger and lambasted wealthy nations for not doing more.

Nearly 200 countries agreed to more than triple the amount of money available to help developing countries confront rapidly warming temperatures.

BAKU - Developed nations should pay US$300 billion (S$404 billion) a year by 2035 to help poorer countries deal with climate change, according to a new draft deal from UN climate talks published early on Nov 24, after an earlier target of US$250 billion was rejected.