Cop29 climate finance deal hits fresh setback as deadline looms

Cop29 climate finance deal hits fresh setback as deadline looms

Cop29, Climate finance, Azerbaijan, World news, Europe, Climate crisis, Global development, Oil and gas companies, Oil, Fossil fuels, Business, Greenhouse gas emissions, Environment, Saudi Arabia Business | The Guardian

​Outcry after draft text contains only an ‘X’ instead of setting $1tn funding goal to support developing countriesCop29 climate summit – live updatesHopes of a breakthrough at the deadlocked UN climate talks have been dashed 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 on Thursday morning, as the draft texts were criticised as inadequate and providing no “landing ground” for a compromise. Continue reading… 

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 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 on Thursday morning, as the draft texts were criticised as inadequate and providing no “landing ground” for a compromise.

Continue reading… 

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