A single major climate incident costs billions to address, so yeah that number is way too low
GDP of the least developed countries is currently $1.5Trillion. For them $250billion would be a massive help.
Also Panama as a high income country. That they are asking developed countries for money is strong. I do get that the definition between high income and developed is a bit different, but Panama is rich enough to pay for its own damage and if anything should seriously think about paying into the found.
yeah, the earth nor the climate really accept dollars as a currency
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.