As the COP29 climate summit in Baku nears its conclusion, significant disagreements persist among global leaders.

King Carl Gustaf of Sweden expressed concern over the slow progress in negotiations, emphasizing the need for perseverance.

A major sticking point is the financial commitment from wealthy nations to support developing countries, with a vast gap between the $1,400 billion requested and the few hundred billion offered.

Saudi Arabia's resistance to phasing out fossil fuels has further complicated talks, drawing criticism from Sweden's Climate Minister Romina Pourmokhtari.

The lack of consensus threatens the goal of limiting global warming to 1.5 degrees Celsius, a critical target for vulnerable nations like the Marshall Islands.

Experts warn that without innovative financing solutions, the transition to clean energy and climate adaptation will remain underfunded, jeopardizing global climate goals.