A proposed deal on climate cash at UN summit highlights split between rich and poor nations

This is not the climate and environmental justice agenda that he got elected on,

Menotti said

Mukhtar BabayevcOP29 President

We have all been working very hard over the past two weeks and I know that none of us want to leave Baku without a good outcome,

COP29 President Mukhtar Babayev told a plenary session which kicked off just after 8 pm local time on Saturday

Of course, it will not be better under Trump, but it’s really shameful what they’re doing under Biden,

said Victor Menotti, director of the International Forum on Globalization, after Podesta was hustled out of a side door by security personnel with television crews in hot pursuit

The amount that is proposed to be mobilized is abysmally poor. It's a paltry sum,

said Indian delegate Chandni Raina

This Cop has been a disaster for the developing world,

said Mohamed Adow, director of Power Shift Africa

No country got everything they wanted, and we leave Baku with a mountain of work still to do. So this is no time for victory laps,

he remarked

I had hoped for a more ambitious outcome—on both finance and mitigation—to meet the great challenge we face,

he said, while urging governments to "build on this agreement."

Joe Bidenpresident

While some may seek to deny or delay the clean energy revolution that's underway in America and around the world, nobody can reverse it—nobody,

Biden declared

This document is little more than an optical illusion. This, in our opinion, will not address the enormity of the challenge we all face. Therefore, we oppose the adoption of this document,

she added

Avinash Persaudbarbadian academic

It was hard fought" and the amount of financing "is at the boundary between what is politically achievable today in developed countries and what would make a difference in developing countries,

said Avinash Persaud, special advisor on climate change to the President of the Inter-American Development Bank

The goal is too little, too distant,

she said, her speech punctuated frequently by applause and cheers

Laurence Tubianaeuropean Climate Foundation CEO

COP29 took place in tough circumstances but multilateralism is alive and more necessary than ever,

Laurence Tubiana, chief executive office of European Climate Foundation, an architect of the landmark Paris Agreement

No developing country will fall for this."

Mohamed Adow of Power Shift Africa had called the initial proposal "a slap in the face," stating

We absolutely object to the unfair means followed for adoption,

Raina said

What they’ve done essentially is undermine the mandate to try to reach 1.5,

said Tamara Gilbertson, climate justice program coordinator with the Indigenous Environmental Network

The $300 billion goal is not enough, but is an important down payment toward a safer, more equitable future,

said World Resources Institute President Ani Dasgupta

It’s a paltry sum,

India negotiator Chandni Raina said, repeatedly saying how India objected to rousing cheers

It isn't nearly enough, but it's a start,

said Stege, whose atoll nation homeland faces an existential threat from creeping sea levels

This is an insult."

Nigeria's envoy Nkiruka Maduekwe put it more bluntly

Every hour of the day, we have pulled people together. Every inch of the way, we have pushed for the highest common denominator. We have faced geopolitical headwinds and made every effort to be an honest broker for all sides.”

The presidency said in a statement