Azerbaijan calls for unity as COP29 climate deal negotiations reach critical stage
Azerbaijan, host of COP29, urged countries to resolve differences and finalize a finance deal as negotiations near their end. The goal is for wealthy nations to commit hundreds of billions to assist poorer countries facing climate change impacts. Developing nations require at least $1 trillion annually by 2030, but wealthy countries have been hesitant. A new draft deal is expected to be released, aiming to address divisions over funding types and amounts. The negotiations have faced challenges, including uncertainty about the U.S. role under President-elect Donald Trump. U.N. Secretary-General Antonio Guterres emphasized the need for a successful agreement, stating that failure is not an option.