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Climate finance talks stall amid frustrations

People attend the COP29 UN Climate Change Conference in Baku, Azerbaijan on November 13, 2024. [AFP]

The first week of COP29 in Baku, Azerbaijan, concluded with frustration over lack of progress on climate finance - a key issue of the summit dubbed the "Finance COP."

The talks, expected to deliver a new collective quantitative goal (NCQG) for funding climate action, have been slow and contentious.

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