Bonn Climate Talks Conclude with Sharp Divides on Finance and Ambition

Negotiators struggle to find common ground on climate finance and future emission targets ahead of COP29 in Azerbaijan.

Developed and developing nations remain at odds over the provision of trillions needed for climate action.
Key issues like adaptation, mitigation, and just transition saw limited progress due to financial disputes.
New proposals suggest taxing fossil fuels, billionaires, and defense companies to raise climate funds.
The EU faces concerns over climate policy following Green party losses in recent elections.
Record-breaking fires in Brazil's Pantanal wetlands highlight the urgent need for effective climate strategies.