EU proposes $300 billion annual climate aid for poor nations

The European Union proposed $300 billion annually for climate aid to developing countries at COP29 in Azerbaijan, with tensions over annual reviews on fossil fuel phase-out. Discussions remain tense as wealthy nations, including the US, UK, and Japan, are urged to increase funding. Irish climate minister Eamon Ryan remains hopeful for a deal, emphasizing the importance of responding to the climate crisis and halting the advance of fossil fuels.

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