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UN Climate Conference Extensions Amidst Disputes Over Financial Aid for Developing Countries

The UN Climate Conference in Azerbaijan is extending negotiations due to intense disputes over financial aid for developing nations. A proposal to mobilize $250 billion annually by 2035 was met with criticism, with advocates calling it insufficient for the significant needs. Developing countries are demanding trillions in assistance, arguing they bear minimal responsibility for climate change yet suffer its severe impacts. Experts warn that failure to reach a financial agreement could jeopardize the entire conference and emphasize the urgent need for significant funding.

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