At COP29 in Azerbaijan, Saudi Arabia successfully pushed to exclude specific references to fossil fuels from climate agreements, reversing earlier commitments made at COP28. The Saudis negotiated a climate finance deal of $300 billion annually for developing countries by 2035, but did not recommit to reducing fossil fuel reliance, raising concerns about future negotiations as the U.S. faces potential shifts in leadership.
Negotiations at COP29 are stalling over climate finance goals, with developing nations demanding $1.3 trillion while wealthier countries, including China and Gulf states, resist equal responsibility for emissions. Saudi Arabia is pushing to remove anti-fossil fuel language, raising concerns about human rights and the inclusion of vulnerable communities in climate discussions. Activists warn that a weak deal would be unacceptable, emphasizing the need for transparency and strong commitments to climate action.
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