Cop 29 live: Poor countries may have to compromise on climate funding, says former UN envoy

Mary Robinson emphasized the dire financial situation faced by developing countries, noting, "It's finance, and it's absolutely vital, and it's the responsibility of the developed world, but you can't squeeze what isn't squeezable." The ongoing climate talks at Cop29 faced immense pressure, as rich countries have yet to make a substantial commitment to support poorer nations, highlighting a significant gap in expectations versus reality.

Despite the urgency to find a resolution, hopes for a breakthrough in the stalled UN climate talks were dwindling. The new draft proposed by the Azerbaijan presidency received criticism from both rich and poor nations, raising concerns over its adequacy and feasibility. Many expressed doubts on whether the draft would address the critical issues at hand, leading to a lack of trust in reaching a meaningful agreement.

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