COP29: New negotiating texts set up battle over climate finance deal

clock • 9 min read
Credit: COP29
Image:

Credit: COP29

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

Diplomats at the COP29 Climate Summit in Baku are this afternoon poring over fresh negotiating texts, which set out plans for a new $1.3tr a year climate finance package and a reinvigorated global push...

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