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World still split over climate cash as clock ticks on COP29 A fresh draft of a climate pact unveiled on Nov 21 at COP29 failed to break an impasse over money, with time running for nations to reach a long-sought trillion-dollar finance agreement. The UN climate summit in Azerbaijan is supposed to conclude on Nov 22, but the latest draft only underlines divisions as nations return to the negotiating table. “As for the text overall, I’m not going to sugarcoat it – it is clearly unacceptable as it stands now,” said EU climate commissioner Wopke Hoekstra.