UNITED NATIONS (PA Media/dpa): The UN climate summit is set to go into overtime as negotiations to reach a deal on climate finance and emissions stalled on the final day. The COP29 presidency - Azerbaijan - has yet to put a provisional figure on the table for parties to debate, leaving an atmosphere of exasperation in the halls. The draft text included two polarised options on a climate finance deal, which many rejected as "unacceptable”. The COP29 presidency said it would release the latest proposals by noon local time, but this deadline has passed. It is understood they handed their findings to the COP29 presidency on Thursday night but whether this will inform a new draft is unclear.

Source: The Star November 22, 2024 13:50 UTC