As COP29 aims to set a much higher climate financing target for the years ahead, wealthy nations insist the money cannot come entirely from their budgets.

By Gloria Dickie and Kate Abnett (Reuters) -Nearly 200 countries will gather next week for the U.N. climate summit, COP29. Reaching a consensus for a deal among so many can be difficult. Here are some of the major players and negotiating blocs involved in the COP29 summit starting Nov.

Loss and damage’ refers to a country getting back on its feet after being hit by a climate event and is particularly relevant to lower income countries. Developed countries generally aim their efforts towards ‘mitigation’,