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UN climate talks in Azerbaijan face setback over funding goal for developing nations

theguardian.com — November 21, 2024, 10:01 AM UTC

The UN climate talks in Azerbaijan face a setback as a new draft deal lacks a clear funding goal for developing countries. Instead of a target of at least $1 trillion, the draft only shows an "X," disappointing many nations. Criticism has emerged from both rich and poor countries, with concerns that the draft does not provide a basis for compromise. Developed nations are expected to offer significantly less funding than requested, with proposals around $200 billion to $300 billion. The absence of a commitment to transition away from fossil fuels in the draft has also raised alarms. Many countries are questioning Azerbaijan's ability to mediate effectively, as negotiations enter their final days.

With a significance score of 5.1, this news ranks in the top 3% of today's 18122 analyzed articles.

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

Timeline:

  1. [4.4]
    COP29 draft faces criticism over climate finance goals as presidency seeks revisions (euronews.com)
    <1h
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  2. [5.1]
    Nations criticize vague climate financing draft at UN talks in Baku (castanet.net)
    1h

    ScoresSource
  3. [4.5]
    Draft climate funding deal at UN talks lacks financial commitments for developing nations (gazette.com)
    1h
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  4. [5.5]
    All countries reject COP29 climate finance draft as developing nations demand $1.3 trillion annually (thehindu.com)
    4h

    ScoresSource
  5. [4.8]
    African leaders express frustration over climate talks at COP29 (dw.com)
    6h
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  6. [4.6]
    UN chief urges nations to ease divisions as climate talks face deadlock in Baku (standard.co.uk)
    6h
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  7. [5.3]
    Nations criticize vague climate finance draft at UN talks in Baku (regina.ctvnews.ca)
    6h

    ScoresSource
  8. [4.5]
    EU climate chief criticizes COP29 draft text as unacceptable over funding disputes (dw.com)
    7h
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  9. [5.1]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    7h

    ScoresSource
  10. [5.4]
    Trillions of dollars to be mobilized for climate finance at COP29 in Azerbaijan (forbes.com)
    8h

    ScoresSource
  11. [4.4]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    8h
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  12. [3.9]
    UK urges strong action on fossil fuel phase-out as tensions rise at Cop29 (standard.co.uk)
    8h
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  13. [4.0]
    UK urges strong action on fossil fuel phase out as tensions rise at Cop29 in Baku (news.yahoo.com)
    8h
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  14. [5.1]
    UN climate talks in Azerbaijan face setback over funding goal for developing nations (theguardian.com)
    9h

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  15. [4.3]
    Wealthy nations face pressure for climate financing at COP29 talks in Baku (firstpost.com)
    9h
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  16. [4.6]
    Negotiators at COP29 struggle to bridge gaps on climate finance and fossil fuels (ft.com)
    10h
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  17. [5.1]
    U.N. climate talks in Baku reveal unclear funding commitments for developing nations (thehindu.com)
    11h

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  18. [4.5]
    UN reveals new climate funding options as COP29 negotiations stall in Baku (geo.tv)
    12h
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  19. [4.8]
    COP29 climate finance proposal shows stark divides between rich and developing nations (firstpost.com)
    12h
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  20. [5.3]
    UN releases new proposals on climate finance ahead of COP29 in Azerbaijan (reuters.com)
    14h

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  21. [4.9]
    Negotiators face deadline for climate funding deal at UN talks in Azerbaijan (castanet.net)
    22h
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  22. [4.7]
    Developing nations reject proposals to expand climate funding contributors at COP29 (hindustantimes.com)
    22h
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  23. [4.7]
    Nations clash over climate finance goals as COP29 deadline approaches (economictimes.indiatimes.com)
    24h
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  24. [5.0]
    Negotiations on climate financing face tough challenges at COP29 (reuters.com)
    1d 1h

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  25. [4.8]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (thehindu.com)
    1d 1h
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  26. [4.4]
    COP29 talks stall over climate damage funding for developing countries (theconversation.com)
    1d 4h
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  27. [3.6]
    COP29 opens in Baku with focus on climate funding and fossil fuel transition (forbes.com)
    1d 8h
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  28. [4.6]
    UK steps up at UN climate talks as pressure builds for finance agreement (standard.co.uk)
    1d 9h
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  29. [5.0]
    Developing countries reject donor role in climate finance discussions at COP29 (hindustantimes.com)
    1d 9h

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  30. [3.7]
    COP29 climate talks in Baku approach conclusion with key negotiations underway (geo.tv)
    1d 10h
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  31. [4.0]
    COP29 climate talks in Azerbaijan move into final phase as negotiators seek agreements (economictimes.indiatimes.com)
    1d 11h
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  32. [3.8]
    COP29 negotiations focus on climate finance and China's role ahead of November 22 deadline (thehindu.com)
    1d 11h
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  33. [4.7]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (independent.co.uk)
    1d 12h
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  34. [3.3]
    COP29 climate talks approach conclusion with key updates expected from Azerbaijan (gazette.com)
    1d 12h
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  35. [5.4]
    Negotiators face deadline at UN climate talks in Azerbaijan to secure funding for vulnerable nations (abcnews.go.com)
    1d 12h

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  36. [4.2]
    Negotiators push for climate deal at COP29 in Baku as deadline approaches (firstpost.com)
    1d 12h
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  37. [4.8]
    Negotiators push for financial deal at UN climate talks in Baku (gazette.com)
    1d 12h
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  38. [5.4]
    Negotiators face tight deadline at UN climate talks in Azerbaijan (clickondetroit.com)
    1d 12h

    ScoresSource
  39. [4.3]
    COP29 negotiations stall over climate finance target in Baku (inquirer.net)
    1d 20h
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  40. [4.7]
    G20 boosts optimism for climate finance at Cop29 talks in Azerbaijan (irishtimes.com)
    1d 21h
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