- Sweeping Vietnam internet law comes into force
- Thousands attend Christmas charity dinner in Buenos Aires
- Demand for Japanese content booms post 'Shogun'
- Mystery drones won't interfere with Santa's work: US tracker
- Global stocks mostly higher in thin pre-Christmas trade
- NASA probe makes closest ever pass by the Sun
- Global stocks mostly rise in thin pre-Christmas trade
- Global stocks mostly rise after US tech rally
- Investors swoop in to save German flying taxi startup
- Saving the mysterious African manatee at Cameroon hotspot
- The tsunami detection buoys safeguarding lives in Thailand
- Asian stocks mostly up after US tech rally
- US panel could not reach consensus on US-Japan steel deal: Nippon
- The real-life violence that inspired South Korea's 'Squid Game'
- El Salvador Congress votes to end ban on metal mining
- Five things to know about Panama Canal, in Trump's sights
- Mixed day for global stocks as market hopes for 'Santa Claus rally'
- Trump's TikTok love raises stakes in battle over app's fate
- European, US markets wobble awaiting Santa rally
- NASA solar probe to make its closest ever pass of Sun
- Volkswagen boss hails cost-cutting deal but shares fall
- Sweden says China blocked prosecutors' probe of ship linked to cut cables
- UK economy stagnant in third quarter in fresh setback
- Global stock markets edge higher as US inflation eases rate fears
- US probes China chip industry on 'anticompetitive' concerns
- Mobile cinema brings Tunisians big screen experience
- Honda and Nissan to launch merger talks
- Asian markets track Wall St rally as US inflation eases rate fears
- Honda and Nissan expected to begin merger talks
- Asian markets track Wall St rally as US inflation eases rate worries
- Trump vows to 'stop transgender lunacy' as a top priority
- Beyond Work Unveils Next-Generation Memory-Augmented AI Agent (MATRIX) for Enterprise Document Intelligence
- Sweet smell of success for niche perfumes
- 'Finally, we made it!': Ho Chi Minh City celebrates first metro
- Tunisia women herb harvesters struggle with drought and heat
- Trump threatens to take back control of Panama Canal
- Secretive game developer codes hit 'Balatro' in Canadian prairie province
- Stellantis backtracks on plan to lay off 1,100 at US Jeep plant
- Banned Russian skater Valieva stars at Moscow ice gala
- Biden signs funding bill to avert government shutdown
- Sorrow and fury in German town after Christmas market attack
- France's most powerful nuclear reactor finally comes on stream
- Sierra Leone student tackles toxic air pollution
- Amazon says US strike caused 'no disruptions'
- Qualcomm scores key win in licensing dispute with Arm
- Scientists observe 'negative time' in quantum experiments
- US approves first drug treatment for sleep apnea
- Amazon expects no disruptions as US strike goes into 2nd day
- US confirms billions in chips funds to Samsung, Texas Instruments
- Wall Street rebounds despite US inflation ticking higher
Little progress at key meet ahead of COP29 climate summit
A key meeting ahead of the UN COP29 climate summit ended Friday in frustration with countries making little progress over how to fund a new finance deal for poorer nations.
Delegates were urged to put aside differences and move negotiations forward during the two-day "pre-COP" in Azerbaijan, which is hosting the major climate talks in November.
Not all countries were represented so smaller gains, rather than concrete breakthroughs, were hoped for during the Baku meet.
But the gathering wrapped with nations no closer to resolving the same sticking points that have hindered the talks for months, attendees told AFP.
"Despite some hopeful talk of coming together, countries remain quite far apart," said Iskander Erzini Vernoit, co-founder and director at the IMAL Initiative for Climate and Development, who was present in Baku.
At COP29, countries are supposed to agree on a new goal for "climate finance" that meets the needs of the world's poorest countries in dealing with global warming.
The existing amount of $100 billion a year is considered insufficient and rich countries are under pressure to raise their contributions by at least a factor of 10.
Donors have still not said how much they are willing to pay, frustrating those advocating for a larger financial commitment from the countries most responsible for climate change to date.
"It is outrageous that just weeks before COP29, developed countries did not say how much money they are willing provide for this new finance goal," said Mariana Paoli from Christian Aid.
Some developed countries want the pact to offer mixed layers of finance: one from governments, another from multilateral lenders, and private capital.
But Paoli said without developed countries agreeing to pay from their coffers without strings attached "any number at COP will be a meaningless figure".
Most climate finance comes as loans, and developing countries say it worsens their debt problems.
They are pushing for unconditional grants to finance clean energy and climate adaptation measures, and want funding for disaster relief known as "loss and damage" included in any new deal.
Rebecca Thiessen from the NGO coalition CAN said it was "positive" to hear rich nations at Baku talk of a pact in trillions instead of billions.
"The scale of need has been recognised, but no figure has been put on the table," she said.
D.Avraham--CPN