Cop29: talks go into overtime as countries wrangle over finance deal – live coverage

The talks in Azerbaijan have seen nations at odds over how much money developed countries should provide to poorer ones

We are into overtime at Cop29 in Baku and we are still waiting for signs of compromise. It could be a very long Saturday in the Azeri capital, where a plenary is currently scheduled to take place at 10am local time.

The developing world reacted with anger to a draft $250bn climate finance target yesterday, dismissing it as a “joke” and far below the amount that is needed. Behind the scenes, a diplomatic effort is underway to increase the offering from rich nations to make sure the deal survives.