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"The COP29 summit in Baku, Azerbaijan, has approved a new finance deal offering $300bn a year to developing nations by 2035. The deal was approved after a marathon session that overran by more than 32 hours. The previous offer of $250bn was rejected by representatives of the Alliance of Small Island States, but a new proposal was made and accepted. The deal is seen as a major breakthrough in the fight against climate change."
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