UN climate talks in Baku extend as negotiators seek financial deal for developing nations

Negotiators at the UN climate talks in Baku, Azerbaijan, are working overtime to secure a financial deal for developing nations. The latest proposal suggests $250 billion annually by 2035, which is more than double the previous goal but still far below the $1.3 trillion needed. Some countries expressed frustration with the proposed figures, arguing they do not meet the urgent needs for climate adaptation and mitigation. There are discussions about potentially increasing the offer to $300 billion, but many feel this is still inadequate. The talks, originally scheduled to conclude Friday, have faced criticism for a lack of transparency and pressure on developing nations to accept lower offers. Activists continue to demand more ambitious financial commitments, emphasizing the need for substantial support to combat climate change.