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With five months remaining until COP29 in Azerbaijan, nearly 200 countries face stalemates over a new annual financing target to aid developing nations in combating climate change. The unresolved funding and contribution disagreements risk undermining global climate efforts, as wealthy and poorer nations clash over payment responsibilities and amounts. ....
Billions of dollars of foreign aid have been reclassified as 'climate finance', thereby helping rich countries to meet a long-overdue target, according to new analysis. ....
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Global climate initiatives prove challenging for U.S. climate diplomat finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.