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COP29: Climate finance impasse leaves developing nations in limbo

Summary by Kuensel
Yangyel Lhaden Baku, Azerbaijan— The first week of the 29th Conference of the Parties (COP29) summit, held in Baku, the capital city of Azerbaijan, ended on November 16 with little progress on key issues, as sharp divisions between developed and developing countries stalled negotiations on climate finance, trade measures, and equitable responsibility for climate action. Dubbed the “Finance COP”, this summit is expected to make substantial strid…
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