The talks, which began on Nov. 11, are due to end on Friday at 1400 GMT, but COP summits have a history of running long

Negotiations at the UN climate summit in Baku, Azerbaijan, enter their second week today with a slew of unfinished agenda items. Why it matters: A failure to arrive at a new and far-reaching annual funding target for climate funding directed at the developing world — which climate impacts are hitting the hardest — could have knock-on effects for years.

The next major United Nations meeting on climate change, known as COP29, is about to get underway in Baku, Azerbaijan. These annual meetings are the key international summits as the world attempts to address the unfolding climate crisis.

The COP29 talks in Baku, Azerbaijan, resume as negotiators face challenges in reaching a consensus on climate finance. Ministers are urged to intervene to advance discussions on funding for developing countries transitioning to cleaner energy sources.

This month's U.N. climate summit - COP29 in Baku, Azerbaijan - has been dubbed the "climate finance COP" for its central goal: to agree on how much money should go each year to helping developing countries cope with climate-related costs.

Marathon COP29 climate talks enter their final stretch on Wednesday when the Azerbaijani hosts are due to publish an update on negotiations so far as the summit seeks to agree a new goal on issues including climate finance.

At COP29 in Baku, Azerbaijan urged nearly 200 countries to deliver ambitious climate outcomes, emphasizing the urgency of the situation. Frustrations over slow progress on emission reduction and financing,