Climate finance
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Azerbaijan’s first bid for a climate finance deal has failed to break a stand-off between rich and poor nations, though it says a ‘breakthrough’ is imminent. A keenly-awaited draft agreement on climate finance was immediately deemed inadequate by EU negotiators at COP29 this morning, with campaigners also calling it an “illusion of progress”. “As for…
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A fresh draft deal published on Thursday (Nov 21) at the deadlocked COP29 climate talks shows rich and poor countries still divided as time runs out to strike a finance agreement for developing nations. The streamlined text released in Azerbaijan recognises developing countries need a trillion dollars per year to fight global warming, but does not present…
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