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World still split over money as clock ticks on COP29

The streets of Baku, Azerbaijan, are alive with color and tradition. Representatives from Indigenous communities worldw.ide have gathered at COP29, donning their traditional regalia and carrying with them the weight of their people's hopes, struggles, and demands. [File. Standard.]

A fresh draft deal published Thursday at the deadlocked COP29 climate talks shows rich and poor countries still divided as time runs out to strike a finance agreement for developing nations.

The streamlined text released in Azerbaijan recognises developing countries need a trillion dollars per year to fight global warming, but does not present a much-sought figure needed to land the deal.

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