Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change, economists told U.N. talks in Baku, where early efforts to reach a finance deal risk being overshadowed by diplomatic disputes.

STORY: If poorer states are to move to greener energy and protect against extreme weather, at least $1 trillion per year will be needed by the end of the decade.That's the warning to negotiators at COP29 on Thursday (November 14) as money becomes a central focus of the climate talks being held in Azerbaijan.

Money is a central focus of the climate talks being held in Azerbaijan and the success of the summit is likely to be judged on that goal.