Money sinks climate plans

Elephant in the room is the missing concrete number.

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A fresh draft of a climate pact unveiled yesterday at COP29 failed to break an impasse over money, with time running for nations to reach a long-sought trillion-dollar finance agreement. The UN climate summit in Azerbaijan was supposed to conclude today but the latest draft only underlines divisions as nations return to the negotiating table.

"As for the text overall, I"m not going to sugarcoat it - it is clearly unacceptable as it stands now," said EU climate commissioner Wopke Hoekstra.

6*I am sure there"s not a single ambitious country that thinks this is nearly good enough".