UPDATED: But lack of fresh negotiating text means it remains unclear if strings will be attached to floated offer of $300bn a year in climate finance

New draft negotiating texts point way to a compromise deal, but proposals for $250bn in finance from industrialised nations fall far short of developing economy asks

Over 250 major businesses have signed letter calling for COP29 to build on last year's pledge to accelerate global decarbonisation efforts

Fresh funding awards to forest-rich nations form part of UK's £11.6bn funding package, as weary negotiators in Baku seek to break deadlock

Governments will have to recognise eventually that flows of climate finance have to increase and the transition away from fossil fuels is inevitable - it is in their interests to do it now, rather than later

UN Secretary-General urges exhausted diplomats to find common ground, warning failure to reach deal would jeopardise climate action

Over £7m funding awarded to range of projects working to accelerate clean energy development

Frustration builds at Baku Summit, as insiders warn long-awaited draft texts have failed to provide a plausible landing ground for an ambitious deal

Report finds most forest countries are yet to incorporate measures to tackle deforestation in their national climate action plans

UK, Germany, Australia, and Uruguay among 25 countries launching new call to action urging governments to rule out new coal projects