At COP29 in Azerbaijan, discussions are intensifying regarding increased financial support for developing countries, with calls for billions in aid by 2035. Swiss Federal Councillor Albert Rösti, present at the negotiations, emphasized Switzerland’s commitment to climate financing while cautioning against unrealistic financial expectations. The talks have extended due to disputes over aid amounts, with developing countries demanding substantial support. Rösti also highlighted Switzerland’s role in bridging gaps between developed and developing nations as talks continue.

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