Countries are squaring up at the climate talks in Azerbaijan as they seek to agree a new fund to pay for climate measures in developing countries, which are being battered by floods, droughts and heat and struggling to finance clean energy.
Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to help developing countries cope with climate change. Over the last two days, leaders have swanned to the capital Baku for the COP29 climate summit to give glitzy speeches on how much they are doing and how everyone else needs to do more. Meanwhile, their negotiators dug in for a battle over the new fund of so-called 'climate finance'.
Read more:The almighty row over climate cash that's about to boil overOil state Azerbaijan is 'perfectly suited' to hosting a climate summit, says Azerbaijan Former Maldives president Mohamed Nasheed said $1trn is 'a big number', but added they are 'not suggesting that it should just come from European taxpayers'. There are many 'means and ways of raising these funds' including from the private sector and international banks,' he added.
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