Overview

• US climate envoy John Podesta and Chinese officials report narrowing differences on climate finance.
• Key discussions include the upcoming COP29 climate talks and a proposed fund for developing countries.
• The US seeks to broaden the contributor base for the climate fund, while China worries about diluting rich nations' obligations.
• Both countries are preparing to submit new 2035 climate targets to the United Nations.
• A bilateral summit on reducing non-CO2 greenhouse gases, such as methane, is also planned.