As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates on Wednesday are eagerly awaiting updates on the progress of negotiations regarding a new climate finance target. Meanwhile, high-level discussions also continued, with a focus on key issues such as urbanization, transport, and tourism.
The source of the hundreds of billions, if not trillions, of funds that developing nations say will be needed to adapt to a fast-changing climate – governments, multilateral banks, or the private sector – has become a major subject of contention during the last eight days.
