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Deadlock remains over climate finance at Cop29 summit despite G20 signals
Activists participate in a demonstration for transforming food systems at the COP29 U.N. Climate Summit, November 19, 2024, in Baku, Azerbaijan
NEGOTIATORS at the Cop29 summit in Azerbaijan were working today to break a deadlock over the “trillions” of dollars needed to help poorer countries deal with the impact of climate change.
Ministers at the UN talks in the capital Baku had been waiting for the declaration from their countries’ leaders, who had gathered for a G20 meeting in Rio de Janeiro, Brazil.
While there was no direct call by the leaders to transition away from fossil fuels, their statement on climate finance was cautiously welcomed at the sports stadium where the conference is taking place.
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