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slow progress on climate finance negotiations at cop29 in baku

Progress on the post-2025 climate finance goal at COP29 remains sluggish, with negotiators struggling to streamline a lengthy text. As discussions continue, a new UN report emphasizes the need to mobilize $1 trillion annually for developing countries by 2030, urging advanced economies to triple their climate finance commitments. Developing nations resist including countries like China in the finance contributor base.
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