In pictures: The last hours of negotiations at COP29

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Eco-Business 1d ago

In pictures: The last hours of negotiations at COP29 - Eco-Business

Quick Summary:

The COP29 finance talks in Baku had looked like they were about to fall apart running into overtime after last Friday but parties came to a compromise on Sunday and staggered away with a US$300 billion funding deal.

It was at about 3pm last Saturday when COP29’s media centre was abuzz with news that several country envoys had staged a walkout and left one of the meeting rooms at the far end of the Baku Olympic Stadium, the venue for the world’s biggest climate conference.

Latin American media gather around a COP29 presidency spokesperson who gave a statement about the preliminary US$250 billion proposal made on 22 November, Friday.