Richer countries have pledged to give a record $300bn (£238bn) to the developing world to help them prepare for and prevent climate change. The talks at the UN climate summit COP29 in Azerbaijan ran 33 hours late, and came within inches of collapse.

Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient.

It’s not near the $1.3 trillion developing countries were asking for, but it’s three times the 2009 deal that is expiring.