UN climate talks extend as negotiators seek $300 billion funding deal for developing nations
Negotiators at the COP29 climate conference in Azerbaijan are working to finalize a $300 billion funding package for poor nations to address climate change. This proposal is a compromise between the $1.3 trillion annual funding developing countries seek and the current $100 billion. The conference has extended past its original deadline as nearly 200 countries struggle to reach an agreement. Some delegates express dissatisfaction with the proposed amount, while others see it as a starting point for future negotiations. Discontent among developing nations is evident, with accusations that wealthy countries are not contributing their fair share. Activists have protested outside the conference, emphasizing the urgent need for substantial financial support to combat climate change.