Dialogues in Bonn failed to advance as wealthy nations avoided talk over specific financial commitments for post-2025 climate finance goal, set to be concluded at COP29. Delegates from both developing and developed countries left the talks dissatisfied, with fiery exchanges underlining the lack of progress. Developing countries, led by the groups from Africa and the Arab world, proposed a target between $1.1 trillion and $1.3 trillion yearly, while accusing wealthier nations of avoiding a discussion on figures. The result was a 35-page informal paper filled with different views, described as “unbalanced” by several. The next steps will be set by co-chairs, who advised participants to seek mutual ground before next round of talks.
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