The COP29 climate summit stretched past its Friday deadline as a bold $250 billion-per-year climate finance proposal faced pushback from multiple fronts. The draft deal, targeting developed nations to lead funding efforts by 2035, became a lightning rod for debate—highlighting the growing rift over who should foot the bill for global climate action. 💸
Late Friday brought a glimmer of hope: updated carbon market rules hit the table, aiming to break the gridlock. Dubbed the 'make-or-break' piece of negotiations, this framework could unlock trillions in green investments if approved. 🌱💼
While delegates burned the midnight oil, activists outside the venue demanded faster action, chanting: 'No more empty promises!' The clock is ticking—global temperatures have already smashed records for 12 straight months. ⏳🌡️
