UN climate talks in Azerbaijan extend as nations debate funding and fossil fuel policies

The UN climate talks in Azerbaijan are extending into the weekend as nearly 200 countries negotiate key issues, including climate finance and fossil fuel policies. Delegates are struggling to reach a consensus on a new global climate finance goal. A major focus is on how wealthy nations will support developing countries in transitioning to clean economies. A draft deal proposes a target of $250 billion annually by 2035, but many countries are dissatisfied with this figure. Australia is vying to host the next climate summit in 2026, but Turkey remains a contender. Meanwhile, discussions on nuclear energy have been minimal, with the emphasis largely on renewable energy investments.