'The fight is on': New COP29 negotiating texts reveal deep divisions over climate finance

James Murray
clock • 7 min read
The COP29 entrance / Credit: UNFCCC on Flickr
Image:

The COP29 entrance / Credit: UNFCCC on Flickr

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

The COP29 Climate Summit in Baku appears destined to head into overtime, after negotiators and observers warned the latest set of draft negotiating texts had failed to bridge the deep divisions between...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

WMO: Rising emissions push Earth's climate 'more out of balance than ever'

WMO: Rising emissions push Earth's climate 'more out of balance than ever'

Earth’s hottest 11 years on record worldwide have occurred in past 11 years, according to World Meteorological Organisation’s annual State of the Climate report

Michael Holder
clock 23 March 2026 • 4 min read
New UK Heat Risk Commission to advise governments on escalating climate impacts

New UK Heat Risk Commission to advise governments on escalating climate impacts

Emma Howard Boyd to chair new National Heat Risk Commission tasked with providing policy recommendations for boosting UK's resilience to extreme heat

Michael Holder
clock 23 March 2026 • 3 min read
Global Briefing: UN Plastic Treaty Talks could restart before the end of the year

Global Briefing: UN Plastic Treaty Talks could restart before the end of the year

Plastic Treaty chair sets out plans for fresh round of talks, Ursula Von der Leyen promises ETS tweaks within days, and EIB backs €260m project in 'unlikely home for solar power'

Stuart Stone
clock 20 March 2026 • 8 min read