UK urges strong action on fossil fuel phase out as tensions rise at Cop29 in Baku

Tensions at Cop29 in Baku increased as the UK urged countries to adhere to a global agreement to phase out fossil fuels. The latest proposals faced criticism from both developed and developing nations, highlighting a significant divide over climate finance. The UK and EU expressed dissatisfaction with the proposals, emphasizing the need to enhance commitments made at Cop28. They called for comprehensive climate action plans that align with the goal of limiting global warming to 1.5 degrees Celsius. A major split emerged over two conflicting finance options for developing countries. One option demands at least one trillion dollars annually from developed nations starting in 2025, while the other suggests a more vague timeline beginning in 2035. This disagreement complicates the path to a consensus at the conference.