Pressure is mounting on ministers to break negotiation deadlocks at Cop29 as the UN climate summit enters its second week.UK Energy Secretary Ed Miliband arrived in Baku, Azerbaijan, on Sunday to join other government ministers for talks to reach a new global commitment on finance for poor countries to cope with climate change impacts and green their economies.

This year’s climate change conference is a stark reminder that meeting our climate goals requires unprecedented financial mobilization.

The G-77/China bloc reiterated the call for $1.3 trillion annually in climate finance, with an emphasis on grants and concessional funding to avoid burdening vulnerable economies already grappling with the impacts of climate change.