Developing Nations Reject COP29 Draft Deal for Climate Cash [Video]

BAKU, Azerbaijan — As nerves frayed and the clock ticked, negotiators from rich and poor nations were huddled in one room Saturday during overtime United Nations climate talks to try to hash out an elusive deal on money for developing countries to curb and adapt to climate change.

But the rough draft of a new proposal circulating in that room was getting soundly rejected, especially by African nations and small island states, according to messages relayed from inside. Then a group of negotiators from the Least Developed Countries bloc and the Alliance of Small Island States walked out because they didn’t want to engage with the rough draft.

The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said. When asked if the walkout was a protest, Colombia environment minister Susana Mohamed …