On the fifth day of the United Nations Climate Change Conference (COP29), Friday 15 November, negotiators were still struggling to agree on a viable draft text for climate finance, ahead of the arrival of ministers next week.
“Work is progressing too slowly”, said Ilatchine Rafiev, Azerbaijan’s chief climate negotiator, at a press conference about the negotiations on raising the target of $100 billion in funding from developed countries for climate action in developing countries.