Global Climate Deal Talks

This is a Saudi Arabia news story, published by Guardian, that relates primarily to Ed Miliband news.

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climate finance

Guardian

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Row over who will pay $1tn climate fund drags Cop29 talks past the deadline

Summary

Nutrition label

75% Informative

Rich countries want to offer only about $300bn out of the $ 1.3tn a year needed from their own coffers.

Poor countries say this is too little and relying on loans or the private sector would push them further into debt.

Ed Miliband cancels his flight home and vows to stay as long as it took to get a deal.

Saudi Arabia widely accused of disrupting the talks throughout.

“The deal must deliver a transformative scale of finance that prioritises the urgent needs of communities bearing the brunt of the escalating climate crisis,” said Harjeet Singh , global engagement director for the Fossil Fuel Non-Proliferation Treaty Initiative . “True progress will be measured not by promises on paper, but by tangible support for the most vulnerable, ensuring that justice and equity remain at the heart of climate solutions.” Additional reporting Dharna Noor and Patrick Greenfield in Baku .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful