COP29 Talks Extend as Developing Nations Demand More Climate Funding
COP29 climate talks in Baku extended beyond the scheduled end as developing nations expressed frustration over insufficient funding offers from wealthier countries. While wealthy nations proposed to increase annual climate aid to $250 billion by 2035, poorer nations labeled the proposals inadequate and demanded $1.3 trillion to adequately address climate change impacts. The divide highlights ongoing tensions about financial commitments in global climate negotiations.