COP29 Climate Finance Talks Enter Critical Stage

Reported about 20 hours ago

As the COP29 climate summit progresses in Baku, negotiators face the toughest part of discussions regarding funding for developing nations to tackle climate-related challenges. With a looming deadline, frustrations are growing over the slow pace of talks about how much funding rich nations should provide, which has seen proposed figures ranging from $440 billion to $900 billion. Additionally, discussions on reducing carbon emissions have stalled, raising concerns about achieving the goal of limiting global warming to 1.5 degrees Celsius.

Source: YAHOO

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