UN Climate Summit in Turmoil as Developing Nations Reject Deal
TL;DR Summary
The UN's COP29 climate summit is facing potential collapse after representatives from 80 small island states and vulnerable nations walked out over insufficient climate finance proposals from wealthy countries. The G77 group demanded at least $500 billion, but the latest offer was only $300 billion. Tensions are high as accusations fly that fossil fuel-producing nations, backed by the summit's host Azerbaijan, are obstructing progress. The walkout highlights a significant trust deficit in the negotiation process, with calls for more inclusive and fair discussions.
- UN climate summit on the brink of collapse as vulnerable nations walk out Financial Times
- UN talks in disarray as a draft deal for climate cash is rejected by developing nations CNN
- UN climate talks in disarray as developing nations stage walkout Al Jazeera English
- Poorer countries face $300B take-it-or-leave-it climate deal after testy meeting POLITICO Europe
- They're here for climate action, but COP29 is about bickering. NBC News
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