Reported 3 days ago
The COP29 summit is facing significant divisions over a draft deal to secure over $1 trillion in climate financing, with delegates expressing frustration over a lack of details on funding sources and insufficient references to fossil fuel reduction. Developed nations and developing nations are at odds—poorer countries demanding clarity on support from wealthy counterparts, while rich nations criticize the draft's failure to outline ambitious emissions reduction goals. As the conference approaches its conclusion, negotiations remain contentious, with critical decisions regarding financial commitments still unresolved.
Source: YAHOO