The COP29 climate deal, agreed to Saturday evening in Baku, Azerbaijan, provides vital insights into the future of global climate cooperation. Why it matters: The finance agreement pleased virtually no one but proved multilateralism is ailing but not dead.

Climate charities have criticised the agreed deal. Jasper Inventor, head of the COP29 Greenpeace delegation, called the deal "woefully inadequate" and said "reckless nature destroyers" were being protected by "every government's low climate ambition".

The COP29 climate conference ends in "disaster," as wealthy nations delivered a deal on finance that was rejected by key developing countries.