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

Nestlé exceeds interim emissions target for 2025

Nestlé exceeds interim emissions target for 2025

Food giant reveals its emissions have fallen by almost a quarter since 2018, but it fell short on targets for tackling plastics and ensuring deforestation-free sourcing

Stuart Stone
clock 23 February 2026 • 3 min read
Study: Climatic 'tipping points' possible well before 2C warming threshold reached

Study: Climatic 'tipping points' possible well before 2C warming threshold reached

New paper details how up to eight irreversible environmental tipping points could be reached below 2C of warming

James Murray
clock 23 February 2026 • 4 min read
Global Briefing: Brazilian Amazon on course for record low deforestation in 2026

Global Briefing: Brazilian Amazon on course for record low deforestation in 2026

Illegal forest clearing in Brazil hits record low, plus Mumbai picked to host Earthshot Prize 2026, and Denmark to offer farmers €1bn to return land to nature

Stuart Stone
clock 20 February 2026 • 9 min read