Developing nations are seeking $1.3 trillion to help adapt to droughts, floods, rising seas and extreme heat, pay for losses and damage caused by extreme weather, and transition their energy systems away from planet-warming fossil fuels and towards clean energy.

The COP29 talks have laid bare the divisions between wealthy governments and developing nations reeling from the costs of storms, floods and droughts fueled by climate change.

BAKU - The world’s most climate-imperilled nations stormed out of consultations in protest at the deadlocked UN COP29 conference on Nov 23, as simmering tensions over a hard-fought finance deal erupted into the open.