A previous goal of $100 billion per year, which expires in 2025, was met two years late in 2022, the OECD said earlier this year, although much of it was in the form of loans rather than grants, something recipient countries say needs to change.

Landing a new accord to boost money for climate action in developing countries is the top priority of negotiators at the UN COP29 summit in Azerbaijan.

"Oil, gas, wind, sun, gold, silver, copper, all... are natural resources and countries should not be blamed for having them and should not be blamed for bringing these resources to the market, because the market needs them."

"Many of you have been reporting on the climate implications of political events in the last weeks. I'll just say this: our process is strong. It's robust, and it will endure," Simon Stiell told reporters at the COP29 talks in Baku.

COP29 must secure fair climate finance for vulnerable nations

Here's what the summit leaders had to say at the opening ceremony

The master's message was a testament: "If we want to prevent the disappearance of the truffle, we must protect the forests, stop polluting the waterways and plant new 'truffle' trees".

A guide to some of the terms in play at this year's COP29 discussions

Delegates gathering in Azerbaijan's capital of Baku are hoping to resolve the summit's top agenda item – a deal for up to $1 trillion in annual climate finance for developing countries.

Countries come to Baku for the main United Nations forum for climate diplomacy after new warnings that 2024 is on track to break temperature records, adding urgency to a fractious debate over climate funding.

Countries will also negotiate whether the UN's central registry can itself house credits that can be transacted and retired or whether it should operate just for accounting purposes.

The short documentary, which highlights the life of Latika, a resilient woman from the Malo community in Narail, Bangladesh, has earned its spot at the upcoming DokuBaku International Documentary Film Festival, and is scheduled to compete in two categories there.

World leaders will attend a two-day gathering at the opening of the summit in Azerbaijan, which faces scrutiny as the latest petrostate with limited tolerance for dissent to host the preeminent annual climate talks.