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At COP29, negotiations on emissions reduction faced collapse as developed and developing nations clashed over new targets, with Saudi Arabia and Bolivia opposing further commitments. Meanwhile, G20 discussions hinted at potential progress in climate finance, particularly regarding voluntary contributions from developing nations, which could influence the New Collective Quantified Finance goal. The outcome of these talks remains uncertain as the COP29 presidency considers issuing a general statement to salvage progress.
Ali Mohammed
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g20 leaders face challenges as climate finance talks show promise but mitigation stalls
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08:29 18.11.2024
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