Cop29 climate finance deal hits fresh setback as deadline looms

2 hours ago 12

Outcry after draft text contains only an ‘X’ instead of setting $1tn funding goal to support developing countries

Hopes of a breakthrough at the deadlocked UN climate talks have been dashed on Thursday morning after a new draft of a possible deal was condemned by rich and poor countries.

Faith in the ability of the Azerbaijan presidency to produce a deal ebbed, as the draft texts were criticised as inadequate and providing no “landing ground” for a compromise.

Continue reading...
Read Entire Article