The 29th UN climate summit in Azerbaijan will focus on climate finance, aiming to establish a new collective quantified goal (NCQG) for funding climate action. Developed countries are required to support developing nations in mitigating and adapting to climate change, with a target set for 2025. However, disagreements persist over funding amounts and sources, complicating negotiations. The need for substantial financial support is emphasized, with calls for a shift from loans to grants to avoid burdening developing countries with debt. The summit is expected to be contentious as various nations negotiate their contributions. Teljes cikk (Euronews.com)