COP29 Divided on Finance Deal as Climate Talks Reach Endgame (1)

Nov. 21, 2024, 5:11 PM UTC

Countries are set to work through the night at the UN COP29 summit in a bid to resolve deep differences over how to scale up international climate finance, after an initial proposal sparked widespread anger.

The draft agreements presented early Thursday by host Azerbaijan left core details unresolved — including how much money could be summoned to help poor countries contend with climate change and where it would come from. They also included scant references to moving away from fossil fuels, a main cause of global warming.

Tensions spilled over in a five-hour meeting as more than 60 countries ...

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