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

A single major climate incident costs billions to address, so yeah that number is way too low