During the UN Climate Conference in Baku, a decision was made for industrialized nations to pay at least $300 billion annually to developing countries for climate protection and adaptation starting in 2026. While the agreement was swiftly approved, critics, including delegates from India, expressed dissatisfaction over its inadequacy. The resolution has led to calls for a deeper examination of how funding will be sourced, including taxes on shipping and aviation. The next conference in Brazil will address countries’ climate plans and funding strategies.