Ali Mohamed
New proposal awaited in Baku on climate finance deal
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.
World still split over money as clock ticks on COP29
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.