Cop29 draft finance deal rejected as negotiators walk out of UN climate talks

The Cop29 UN Climate Summit has dragged on into overtime (AP Photo/Sergei Grits)

The latest rough draft of a deal on climate finance is thought to have been soundly rejected by developing economies at Cop29, a day after the UN summit was scheduled to finish.

Negotiators from rich and poor nations are huddled in one room as the talks to reach a deal on money for developing countries went into overtime in Azerbaijan.