'Failure is not an option' as MAJOR deadline looms
6m | Jun 28, 2025Division and discontent spilled into the open on Thursday at a U.N. climate summit in Baku, sparked by a proposal for a new global finance deal which offered two vastly different options and left no one happy as the closing deadline neared.
The key goal of COP29 is to agree how much money richer developed countries should provide poorer developing ones to help them fight climate change, a critical plank in efforts to limit the damage caused by rising global temperatures.

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