United Nations talks on getting money to curb and adapt to climate change resumed Monday with tempered hope that negotiators and ministers can work through disagreements and hammer out a deal after slow progress last week .
That hope comes from the arrival of the climate and environment ministers from around the world this week in Baku, Azerbaijan, for the COP29 talks. They'll give their teams instructions on ways forward.
"We are in a difficult place," said Melanie Robinson, economics and finance program director of global climate at the World Resources Institute. "The discussion has not yet moved to the political level - when it does I think ministers will do what they can to make a deal."
Talks in Baku are focused on getting more climate cash for developing countries to transition away from fossil fuels, adapt to climate change and pay for damages caused by extreme weather. But countries are far apart on how much money that will require. Several experts put the sum needed at around 1 trillion.
"One trillion is going to look like a bargain five, 10 years from now," said Rachel Cleetus from the Union of Concerned Scientists, citing a multitude of costly recent extreme weather events from flooding in Spain to hurricanes Helene and Milton in the United States. "We're going to wonder why we didn't take that and run with it."
