U.N. Secretary-General Antonio Guterres on Thursday called on all parties to the United Nations Framework Convention on Climate Change (UNFCCC) to manage differences and work together to achieve new climate finance targets -- the primary task of the 29th session of the Conference of the Parties (COP29) to the UNFCCC.

The COP29 presidency on Friday released a new draft climate finance deal that would have developed nations take the lead in providing $250 billion per year by 2035. The draft also set a broader goal to raise $1.

Heated negotiations on a global climate deal were set to spill into Saturday after developing nations rejected an initial $250 billion offer from rich countries to help them tackle global