COP29 president scrambles to save deadlocked talks

Developing countries refuse to commit to stronger climate action without clear financial commitments from developed nations.

The COP29 presidency moved to rescue stalled climate negotiations on Monday, appointing ministers from Egypt and Australia to broker agreement on the contentious new climate finance goal, following a week of deadlock that threatens to undermine the Baku talks.

The COP29 UN Climate Summit venue in Baku, Azerbaijan. (AP Photo)

The ministerial intervention comes as developing nations warn of a potential breakdown in negotiations over two critical issues: the scale of climate funding and expectations for enhanced climate action. Ministers from Norway and South Africa will separately lead consultations on mitigation