Negotiators from small island states and least developed countries have left the negotiations, which are now going into overtime. They believe that their interests are not being taken into account.
We came to COP to get a fair agreement. We feel that we have not been listened to, said Cedric Schuster, Samoan chair of AOSIS, an association of countries threatened by rising sea levels.
Trying to build bridges
The EU's climate chief Wopke Hoekstra is pessimistic about the outcome of the negotiations at the climate summit COP29.
We are doing everything we can on all fronts to build bridges and achieve success. But it is uncertain whether we will succeed, he says to reporters at COP29 in Azerbaijan.
On Friday, a draft climate agreement was presented, where rich countries would contribute 250 billion dollars annually until 2035 to help poorer countries with climate transformation.
This is the first time during the meeting, which began on November 11, that a draft presents a concrete sum. But it is also far below the 1,300 billion that the poorer countries have demanded.
Increased offer
Wopke Hoekstra describes the chances of getting the negotiations to a conclusion as uncertain, even after the rich countries on Saturday increased their offer to 300 billion dollars per year until 2035.
According to information to BBC, the final meeting is scheduled to take place at 19:00 local time. Whether it will actually happen remains to be seen. Just translating everything into the official UN languages will take several hours, and many countries are dissatisfied with the proposal that is now on the table.
"We do not understand why the presidency in the final phase is presenting a text that does not even try to balance interests", says Germany's climate envoy Jennifer Morgan in a statement.