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UN climate summit in Azerbaijan ends without financial commitments for developing nations

cbc.ca — November 21, 2024, 10:01 PM UTC

The UN climate summit in Azerbaijan is nearing its conclusion without a financial commitment from wealthy nations to support developing countries in transitioning to clean energy. A new draft text was rejected for lacking specific funding amounts. Negotiators are struggling to bridge the gap between the $1.3 trillion needed by developing nations and the lower amounts offered by richer countries. Many representatives expressed disappointment over the vague proposals and the absence of concrete financial commitments. Discussions also include reducing fossil fuel use, but progress has been limited. Some countries criticized the draft for not addressing emissions cuts effectively, while others announced plans to reduce emissions in line with the Paris Agreement.

With a significance score of 5.1, this news ranks in the top 2% of today's 17656 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 8000 minimalists.

Timeline:

  1. [5.1]
    Poor countries may need to compromise on climate funding at COP29, says former UN envoy (theguardian.com)
    <1h

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  2. [4.4]
    Countries face pressure at UN climate summit as financial deal remains elusive on final day (independent.co.uk)
    <1h
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  3. [5.0]
    Countries face pressure at UN climate summit as financial deal remains elusive (abcnews.go.com)
    <1h

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  4. [4.6]
    Countries face pressure at UN climate summit as financial deal remains elusive on final day (clickondetroit.com)
    <1h
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  5. [3.8]
    Nations reject draft climate text at COP29 as deadline approaches (indianexpress.com)
    7h
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  6. [5.1]
    UN climate summit in Azerbaijan ends without financial commitments for developing nations (cbc.ca)
    9h

    ScoresSource
  7. [5.6]
    Poor nations may need to lower climate funding demands at Cop29, says former UN envoy (theguardian.com)
    10h

    ScoresSource
  8. [4.9]
    Disagreement grows over climate finance proposal at UN summit (hindustantimes.com)
    10h
    Source
  9. [4.4]
    COP29 draft faces criticism over climate finance goals as presidency seeks revisions (euronews.com)
    12h
    Source
  10. [4.5]
    Draft climate funding deal at UN talks lacks financial commitments for developing nations (gazette.com)
    13h
    Source
  11. [5.1]
    Nations criticize vague climate financing draft at UN talks in Baku (castanet.net)
    13h

    ScoresSource
  12. [5.5]
    All countries reject COP29 climate finance draft as developing nations demand $1.3 trillion annually (thehindu.com)
    16h

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  13. [4.8]
    African leaders express frustration over climate talks at COP29 (dw.com)
    18h
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  14. [5.3]
    Nations criticize vague climate finance draft at UN talks in Baku (regina.ctvnews.ca)
    18h

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  15. [4.6]
    UN chief urges nations to ease divisions as climate talks face deadlock in Baku (standard.co.uk)
    18h
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  16. [4.5]
    EU climate chief criticizes COP29 draft text as unacceptable over funding disputes (dw.com)
    19h
    Source
  17. [5.1]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    19h

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  18. [3.9]
    UK urges strong action on fossil fuel phase-out as tensions rise at Cop29 (standard.co.uk)
    20h
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  19. [4.0]
    UK urges strong action on fossil fuel phase out as tensions rise at Cop29 in Baku (news.yahoo.com)
    20h
    Source
  20. [5.4]
    Trillions of dollars to be mobilized for climate finance at COP29 in Azerbaijan (forbes.com)
    20h

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  21. [4.4]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    20h
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  22. [5.1]
    UN climate talks in Azerbaijan face setback over funding goal for developing nations (theguardian.com)
    21h

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  23. [4.3]
    Wealthy nations face pressure for climate financing at COP29 talks in Baku (firstpost.com)
    21h
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  24. [4.6]
    Negotiators at COP29 struggle to bridge gaps on climate finance and fossil fuels (ft.com)
    22h
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  25. [5.1]
    U.N. climate talks in Baku reveal unclear funding commitments for developing nations (thehindu.com)
    23h

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  26. [4.5]
    UN reveals new climate funding options as COP29 negotiations stall in Baku (geo.tv)
    24h
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  27. [4.8]
    COP29 climate finance proposal shows stark divides between rich and developing nations (firstpost.com)
    24h
    Source
  28. [5.3]
    UN releases new proposals on climate finance ahead of COP29 in Azerbaijan (reuters.com)
    1d 2h

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  29. [4.9]
    Negotiators face deadline for climate funding deal at UN talks in Azerbaijan (castanet.net)
    1d 10h
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  30. [4.7]
    Developing nations reject proposals to expand climate funding contributors at COP29 (hindustantimes.com)
    1d 10h
    Source
  31. [4.7]
    Nations clash over climate finance goals as COP29 deadline approaches (economictimes.indiatimes.com)
    1d 12h
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  32. [5.0]
    Negotiations on climate financing face tough challenges at COP29 (reuters.com)
    1d 13h

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  33. [4.8]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (thehindu.com)
    1d 13h
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  34. [4.4]
    COP29 talks stall over climate damage funding for developing countries (theconversation.com)
    1d 16h
    Source
  35. [3.6]
    COP29 opens in Baku with focus on climate funding and fossil fuel transition (forbes.com)
    1d 20h
    Source
  36. [4.6]
    UK steps up at UN climate talks as pressure builds for finance agreement (standard.co.uk)
    1d 21h
    Source
  37. [5.0]
    Developing countries reject donor role in climate finance discussions at COP29 (hindustantimes.com)
    1d 21h

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  38. [3.7]
    COP29 climate talks in Baku approach conclusion with key negotiations underway (geo.tv)
    1d 22h
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  39. [3.8]
    COP29 negotiations focus on climate finance and China's role ahead of November 22 deadline (thehindu.com)
    1d 23h
    Source
  40. [4.0]
    COP29 climate talks in Azerbaijan move into final phase as negotiators seek agreements (economictimes.indiatimes.com)
    1d 23h
    Source