Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan

Negotiators at the United Nations climate talks in Azerbaijan are facing a tight deadline to address a funding gap for climate change. Developing nations are seeking $1.3 trillion for climate damage and clean energy, but offers from developed countries fall short. A draft proposal from the host presidency is expected soon, but key issues remain unresolved, including the total amount, the balance of grants versus loans, and contributions from different countries. Some proposals suggest figures as low as $200 billion, which many consider inadequate. Despite frustrations, there are signs of progress on other climate issues, such as reducing fossil fuel use. However, many negotiators express concern over the slow pace and lack of commitment from developed nations to meet the financial needs of developing countries.