Event JSON
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"COP29 overruns as poor countries seethe over climate cash"
],
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"The UN climate talks in Baku are facing a deadline extension as a deep divide forms between richer and poorer countries over funding for climate change efforts. Wealthier nations have offered to increase their annual contribution to $250bn, but developing countries are rejecting this as too low. The proposed funding would come from public and private sources, with no obligation on major emerging economies like China. Developing countries are demanding $1.3tn by 2035 to cope with the impacts of climate change and cut their carbon emissions. The talks have reached a crunch point, with no indication of when agreement might be reached."
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