The inability for wealthy and developing nations to reach a consensus in a dispute over funding to support climate action and adaptation was putting the UN's Climate Change Conference, also known as COP29,

A draft proposal unveiled at the United Nations climate summit (COP29) in Baku, Azerbaijan, has exposed tensions between wealthy and developing nations over climate financing. The plan, released Friday,

A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay.

Developing nations at UN talks in Azerbaijan are rejecting a draft deal for a financial aid package to help them adapt to extreme weather and transition towards clean energy.

The United Nations’ annual climate talks are pushing into overtime under a cloud of anger and disappointment as negotiators are well short of a deal on money for developing nations to curb and adapt t

A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer ones.

The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion in annual climate finance by 2035 drew criticism from all sides.

Fierce bargaining at UN climate talks in Azerbaijan dragged into Saturday after a $250 billion a year offer from rich nations was flatly refused by developing countries hardest hit by