Environment

Crunch United Nations talks to find funding to curb the destruction of nature will resume in Rome in February, the U.N. said on Thursday, after negotiations this month in Colombia ended without a deal.

Rich countries' promise of $300 billion a year in climate finance brought fury at talks in Baku from poor nations that found it too paltry, but it also shows a shift in global political realities.

The two-week marathon COP29 climate conference opened days after the decisive victory in the U.S. presidential election of Donald Trump, a skeptic both of climate change and foreign aid.

The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.

A new draft deal at U.N. climate talks Friday proposes rich nations commit $250 billion a year to help poorer nations combat global warming in a bid to break the deadlocked negotiations.

With the gathering scheduled to end Friday, delegates from nearly 200 nations had eagerly awaited COP29 hosts Azerbaijan's new proposal after two weeks of fraught bargaining.

Host Azerbaijan was set Friday to put forward a new proposal for a potentially major deal on climate financing, hoping to bridge gaps between rich and developing countries on the official last day of the COP29 talks.

A fresh draft of a climate pact unveiled on Thursday at COP29 failed to break an impasse over money, with time running out for nations to reach a long-sought trillion-dollar finance agreement.

The U.N. climate summit in Azerbaijan is supposed to conclude today, but the latest draft only underlines divisions as nations return to the negotiating table.

Azerbaijan and Türkiye will take steps to strengthen their cooperation in green energy, the former's energy minister told state-run Anadolu at the U.N. climate change conference COP29 being held in Baku.

Foreign investment groups expressed their strong interest in Greece's offshore wind farms (OWF) during an event organized by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) in the context of this year's 29th Conference of the Parties (COP29), hosted in Baku, Azerbaijan between November 11 and 22. 

BAKU - Serbian President Aleksandar Vucic on Tuesday called on big powers to ensure peace in the world and, above all, resolve the conflicts in Ukraine and the Middle East, so that the world could tackle the issue of climate change.

Addressing the UN's COP29 climate change summit in Baku, Vucic said restoring peace was one of the

BAKU - Serbian President Aleksandar Vucic said on Tuesday he was proud to be representing Serbia at the UN's COP29 summit on climate change - one of the most significant global topics today.