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Island Nations and Least Developed Countries Walk Out of World Climate Conference

At the World Climate Conference, representatives from island nations and least developed countries walked out of negotiations, emphasizing dissatisfaction with the proposed financial aid. Reports indicate ongoing discussions, despite the walkout, as different draft texts are circulated. A central point of contention remains the increase in financial flows to developing countries, with numerous nations demanding over a trillion dollars. Initial proposals suggested annual climate aid from industrialized countries of 250 billion USD, which is now under negotiation to potentially reach 300 billion USD.

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