A draft deal on climate cash includes only an 'X' instead of a number. 'We need a cheque, but all we have right now is a blank piece of paper,' an African thinktank director says.
Fears are mounting that COP29 will end without a dollar figure on the cash developed countries will commit to helping combat the climate crisis. With just 36 hours until the two-week negotiations are due to end, host nation Azerbaijan released a stash of documents on Thursday that would form the basis of final agreements. The number one item on the table is a new financial target to pay for climate measures in developing countries, known as 'climate finance'.
Read more:Watch: 'Structure of future COPs needs to change'Argentina walks away from COP29 'All we have right now is a blank piece of paper' Linda Kalcher, from thinktank Strategic Perspectives, said: 'Most countries in the Global North haven't put their cards on the table and are keeping them close to their chest.' This will 'have to change' in order to reach a compromise in time, she added.
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