COP26: Climate talks into overtime as nations near dealon November 12, 2021 at 9:54 pm

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Divisions remain over continuing subsidies for fossil fuels and financial help to poorer nations.

Climate finance, or the money promised by richer countries to poorer countries to fight climate change, continues to be one of the most contentious points. In 2009, developed nations pledged to provide $100bn per year to emerging economies by 2020. But this target was not met.

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