Negotiators at COP29 struggle to bridge gaps on climate finance and fossil fuels

Negotiators at COP29 in Baku are struggling to reach agreements on climate finance, fossil fuel transitions, and gender issues. The latest draft agreements lack a specific financial target, leaving key elements unresolved as countries debate contributions and structures. Developing nations are pushing for a finance target of at least $1 trillion, while discussions suggest a lower range of $200 billion to $300 billion. Frustration is growing among developing countries over the perceived inadequacy of proposed sums. Debates over gender language have intensified, with some countries advocating for a shift from "gender" to "sex." The draft agreements currently retain the term "gender," reflecting ongoing tensions as countries seek to finalize the summit's outcomes.