A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a year to combat the natural disaster and security crises facing their populations, a letter seen by Reuters showed.

Landing a new agreement to boost money for climate action in developing countries is the summit's top priority. Read more at straitstimes.com.

STORY: If poorer states are to move to greener energy and protect against extreme weather, at least $1 trillion per year will be needed by the end of the decade.That's the warning to negotiators at COP29 on Thursday (November 14) as money becomes a central focus of the climate talks being held in Azerbaijan.

Countries at the COP29 summit tried to make progress on how to raise up to $1 trillion in climate finance for the world's most vulnerable, as political tensions overshadowed the talks and Argentina on Thursday pulled its delegation from Baku.

BAKU: Giving much needed talking points around nature and quality of new post-2025 climate finance here at UN climate conference (COP29), an Independent High-Level Expert Group on the issue on Thursday suggested that the negotiations should be focused on mobilising $1 trillion per year by 2030 in "external (public and private) finance from all

Early efforts to reach a finance deal at the UN climate summit are at risk of being overshadowed by diplomatic rows

Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change, economists told U.N. talks in Baku, where early efforts to reach a finance deal risk being overshadowed by diplomatic rows.