Developing nations walk out of UN climate talks over finance disputes in Baku

Negotiators from small island nations and least-developed countries walked out of the UN climate talks in Baku, Azerbaijan, citing neglect of their climate finance needs. They rejected a draft proposal that fell short of their expectations for financial support. The latest draft proposed $250 billion annually by 2035, significantly less than the $1.3 trillion developing nations seek for climate adaptation and energy transition. Tensions escalated as developing countries accused wealthier nations of trying to minimize their financial commitments. Activists also expressed frustration, targeting U.S. climate envoy John Podesta. Despite the discord, some participants remain hopeful for a resolution, emphasizing the need for a fair deal to address climate challenges.