Developing nations walk out of COP29 climate talks over funding disputes

Negotiators from small island and developing nations have walked out of COP29 climate talks, citing a lack of fair treatment and financial support. They expressed frustration over not being heard amid rising climate challenges. Wealthy nations increased their climate finance offer for poorer countries from $250 billion to $300 billion per year until 2035. However, disagreements over financial commitments have stalled progress. Developing nations emphasized that without adequate funding, the negotiations would fail. Some leaders stated that a poor deal would be worse than no deal at all, highlighting the urgency of their demands.