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

Negotiators at the UN climate talks in Azerbaijan are struggling to agree on funding for vulnerable nations to combat climate change. Developing countries seek $1.3 trillion, but offers from wealthier nations range from $200 billion to $900 billion, falling short of needs. Progress has been reported, but key issues remain unresolved, including the balance of grants versus loans and the total amount. Frustration is growing as time runs out, with only 72 hours left to finalize agreements. Ministers also addressed the impact of global conflicts on climate efforts, emphasizing the need for increased funding. The UN Secretary-General urged the G20 to enhance their commitments to meet the financial needs of developing countries.