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UN climate funding draft narrows options, but obstacles remain

Russian PM Mikhail Mishustin gives a speech during the COP29 in Baku on November 13, 2024. [Alexander NEMENOV / AFP]

A fresh draft of a UN climate deal released Wednesday proposes concrete options to raise funding for poorer countries, but leaves unresolved sticking points that have long delayed an agreement.

Landing a new accord to boost money for climate action in developing countries is the top priority of negotiators at the UN COP29 summit in Azerbaijan.

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