Setback as Africa calls for trillions for mitigation efforts

An environmental group onboard a wooden boat stage a demonstration along Manila Bay in Baseco, Manila on November 14, 2024, to mark the Philippines' participation in the Global Days of Action Against Gas Expansion. [AFP]

The United Nations climate talks encountered a major setback as differences emerged over a new finance target.

Delegates from developing countries, represented by the G77, China and the Arab Group, rejected a draft text on the New Collective Quantified Goal on Climate Finance (NCQG).