Countries at the United Nations climate summit are facing increased pressure as they enter the final day of talks with little progress on key goals. COP29 has primarily focused on climate finance, with wealthy nations expected to provide financial support to developing countries for climate-related damages and adaptation efforts. The estimated figure stands at $1 trillion or more, but draft texts released after two weeks of negotiations failed to specify the financial commitment, leading to frustration among developing nations.
The talks, which often extend beyond schedule, highlight the urgency for wealthier nations to address the impacts of climate change resulting from their historical emissions. Azerbaijan, as the host country and an oil-rich nation, faces additional scrutiny in facilitating productive discussions.
