Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations

Vulnerable nations have walked out of climate finance talks at COP29 in Baku, Azerbaijan, citing exclusion from negotiations. The summit is running over time, and key ministers from New Zealand and Australia have left, complicating discussions on a new global finance goal. A draft proposal for climate finance has faced backlash for falling short of developing nations' expectations. The proposed goal of $250 billion a year by 2035 is seen as inadequate compared to the $440 billion to $900 billion that developing countries seek. Frustration is growing over the handling of negotiations, particularly regarding emissions cuts and fossil fuels. Despite setbacks, AOSIS and LDCs returned to the table, as the presidency aims to finalize a deal on finance and emissions before the conference ends.