COP29: Dramatic walk out leaves climate finance deal hanging in the balance

James Murray
clock • 8 min read
Credit: UNclimatechange @ Flickr
Image:

Credit: UNclimatechange @ Flickr

Group of developing nations walk out of talks on climate finance text, arguing their concerns with the proposed deal have been ignored

Attempts to deliver a new climate finance package at the COP29 Climate Summit in Baku appeared to be hanging in the balance early on Saturday evening local time, fuelling fears the talks could break up...

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

Campaigners welcome Miliband's decision to take World Bank seat

Campaigners welcome Miliband's decision to take World Bank seat

Foreign Secretary to take up UK's place on World Bank board in signal he plans to prioritise international climate action

James Murray
clock 27 July 2026 • 4 min read
Study: European heatwave could cost farmers €2bn in lost revenue

Study: European heatwave could cost farmers €2bn in lost revenue

Forecasts suggest crop harvests are likely to be hit hard by record-breaking high temperatures and dry conditions

James Murray
clock 22 July 2026 • 5 min read
'World first': New global sustainability standard for glass launched

'World first': New global sustainability standard for glass launched

Industry group backed by JLR and Climate Group proposes International Standard for Glassmaking, which has now been released for consultation

Stuart Stone
clock 20 July 2026 • 3 min read