International
Historic climate summit deal: developed nations to contribute $250 billion fund
Industrialised nations commit to support climate-vulnerable countries facing environmental losses.
Saturday, September 12, 2026 at 11:00 AM5 min read
A landmark agreement was signed at the UN climate summit, under which developed nations will provide $250 billion to climate-vulnerable developing countries by 2030.
The deal sets binding targets to cut emissions and halt sea-level rise, crucial for low-lying island states and South Asia's delta regions.
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Bangladesh's delegation called the deal historic but warned that without transparent disbursement, real benefits may be delayed.