BAKU, Azerbaijan: Countries of the world took turns rejecting a new but vague draft text released early Thursday which attempts to form the spine of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change.
The draft left out a crucial sticking point: how much wealthy nations will pay poor countries. A key option for the lowest amount donors are willing to pay was just a placeholder “X.” Part of that is because rich nations have yet to make an offer in negotiations.
So the host Azerbaijan presidency with its dawn-released package of proposals did manage to unite a fractured world on climate change, but it was only in their unease and outright distaste for the plan. Negotiators at the talks — known as COP29 — in Baku, are trying to close the gap between the $1.3 trillion the developing world says is needed in climate finance and the few hundred billion that negotiators say richer nations have been prepared to give.
Negotiators slam an ‘unbalanced’ draft
Introducing the plan, lead negotiator Yalchin Rafiyev emphasized how balanced the plan was, but all sides kept saying it was anything but balanced and pointed time was running out.
“We would like to correct the balance. It is completely tilted,” Pakistan delegate Romina Khurshid Alam said.
Poor nations blasted both rich nations and the presidency with Honduras delegate Malcolm Bryan complaining that the plan was a “completely unbalanced text that doesn’t bring us any closer to a landing .... It is high time for developed countries put their numbers on the table.’’
The EU’s climate envoy Wopke Hoekstra called the draft “imbalanced, unworkable, and not acceptable.”
In a statement, the COP29 Presidency stressed that the drafts “are not final.”
“The COP29 Presidency’s door is always open, and we welcome any bridging proposals that the parties wish to present,” the Presidency said in a statement. It added that possible numbers for a finance goal will be released in the next iteration of the draft.
COP29 President Mukhtar Babayev convened the Qurultay — a traditional Azerbaijani meeting — where negotiators spoke to hear all sides and hammer out a compromise. He said that “after hearing all views, we will outline a way forward regarding future iterations.”
No figure for climate cash leaves many disappointed
Independent experts say that at least $1 trillion is needed in finance to help transition away from planet-warming fossil fuels and toward clean energy like solar and wind, better adapt to the effects of climate change and pay for losses and damages caused by extreme weather.
Esa Ainuu, from the small Pacific island of Niue said, slammed the lack of a number in the draft deal.
“For us in the Pacific, this is critical for us,” Ainuu said. “We can’t escape to the desert. We can’t escape somewhere else. This is reality for us. If finance is not bringing any positive, (then) why’re we coming to COP?”
She added: “I don’t even know if we’re going to be here for a COP 30 or COP 31. Something needs to happen.”
Adao Barbosa, a top negotiator from the Indian ocean nation of Timor-Leste said all developing countries are unhappy with the climate finance deal. As things stand, the deal is weak, Barbosa said.
Mohamed Adow, director of the think tank Power Shift Africa, expressed disappointment at the lack of a figure. “We came here to talk about money. The way you measure money is with numbers. We need a cheque but all we have right now is a blank piece of paper,” he said.
Iskander Erzini Vernoit, director of Moroccan climate think-tank Imal Initiative for Climate and Development, said he was “at a loss for words at how disappointed we are at this stage to have come this far without serious numbers on the table and serious engagement from the developed countries.”
He said that some developed nations “are slowly waking up” to the fact that keeping warming to below 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial times will require over a trillion dollars in finance. “But many are still asleep at the wheel,” he said.
There’s a lot of work left to do
There are three big parts of the issue where negotiators need to find agreement: How big the numbers are, how much is grants or loans, and who contributes.
Official observers of the talks from the International Institute of Sustainable Development who are allowed to sit in on the closed meetings reported that negotiators have now agreed on not expanding the list of countries that will contribute to global climate funds — at least at these talks. Linda Kalcher, of the think tank Strategic Partnerships, said on the question of grants or loans, the draft text suggests “the need for grants and better access to finance.”
She added that the lack of numbers in the draft text could be a “bluff.” The COP29 presidency, which prepares the texts “should know more ... than what they put on the table,” she said.
Other areas that are being negotiated include commitments to slash planet-warming fossil fuels and how to adapt to climate change. But they’ve also seen little movement.
European nations criticized the package of proposals for not being strong enough in reiterating last year’s call for a transition away from fossil fuels.
“The current text offers no progress” on efforts to cut the world’s emissions of heat-trapping gases, said Germany delegation chief Jennifer Morgan. “This cannot and must not be our response to the suffering of millions of people around the world. We must do better.”
Eamon Ryan, Ireland’s environment minister, also criticized “backsliding” on cutting fossil fuels from last year’s deal.
COP29: Pakistan among nations that blast draft of vague deal on climate cash for poor countries
https://arab.news/94p2m
COP29: Pakistan among nations that blast draft of vague deal on climate cash for poor countries

- Introducing the plan, lead negotiator from Azerbaijan, Yalchin Rafiyev, emphasized how balanced the plan was
- “We would like to correct the balance. It is completely tilted,” Pakistan delegate Romina Khurshid Alam said
Eight killed in Karachi building collapse, exposing city’s crisis of unsafe housing

- The five-story building in Lyari had been declared dangerous in 2012, but residents remained
- Sindh Building Control Authority says over 580 buildings in Karachi are unfit for habitation
KARACHI: A five-story residential building collapsed in Karachi’s densely populated Lyari neighborhood on Friday, killing at least eight people and trapping many others, in yet another tragedy underscoring the city’s crisis of unsafe, aging structures.
Rescue workers, aided by local residents, scrambled to pull people from the debris of the Fotan Mansion building, recovering both bodies and injured survivors. The collapse took place around 10:30 a.m., jolting the community.
“I suddenly woke up … it felt like there were tremors, like an earthquake,” said Salman Ahmed, who was sleeping in a nearby building at the time of the incident and later rescued two children.
“At the moment the building collapsed, nothing was visible,” he recalled. “There was so much dust and smoke that no one could understand what had happened. “We could hear voices coming from underneath [the rubble].”
It was not immediately clear how many families lived in the building, but residents estimated that around 40 people were inside when it collapsed. Many of the occupants were members of the low-income Hindu minority community.
As of Friday evening, a large rescue operation was still underway, with cranes clearing debris and rescuers working against time to reach those still trapped beneath the rubble.
“They handed me a three-month-old baby girl, she was alive,” said Maya Sham, a relative of a family living in the building. “Right now, two of their sons and three daughters-in-law are still trapped. But we can still hear voices from inside.”
The collapse devastated families like that of Megbhai, a member of the Hindu community, which largely resided in the building.
Karachi Mayor Murtaza Wahab confirmed that six people had died and eight were rescued alive. He said the building had long been on the city’s “danger list.”
“This building was declared dangerous, and a couple of notices were issued to the occupants to vacate because of its structure,” Wahab told Arab News at the site. “But unfortunately, people chose to risk their lives, and they did not vacate.”
Pakistan’s largest city — home to over 20 million people — faces a chronic housing shortage. Many low-income residents live in dilapidated buildings that have escaped regular maintenance. Authorities have declared nearly 588 buildings dangerous in Karachi, most in the congested Old City area.
According to the Sindh Building Control Authority (SBCA), Fotan Mansion had been declared unsafe as far back as 2012.
“This building was declared dangerous by the SBCA in 2012 and had been served multiple notices over the years,” SBCA spokesperson Shakeel Dogar told Arab News. “Before the recent rains, public announcements were also made in the area, but unfortunately, no one was willing to vacate,” he said, adding that it was the responsibility of the district administration to enforce the SBCA’s evacuation directives.
Mayor Wahab said rescue efforts remained the top priority, with accountability and investigation to follow.
“Our administration, our machinery is here on the ground,” he said. “Once we’re done with the rescue aspect, we will focus on who was responsible for this negligence or omission.”
RECURRING TRAGEDY
Friday’s incident is the latest in a string of deadly building collapses in Karachi.
In February 2020, a five-story building collapsed in Rizvia Society, killing at least 27 people. The following month, another residential structure came down in Gulbahar, claiming 16 lives.
In June 2021, a three-story building in Malir collapsed, killing four. And just last year, in August, a building collapse in Qur’angi led to at least three deaths.
Most of these structures had either been declared unsafe or were built without proper approval.
Experts say that despite repeated disasters, there has been little progress in enforcing building codes or relocating residents from hazardous structures.
“The incident of the building collapse in Lyari is deeply tragic,” said Muhammad Hassan Bakhshi, chairman of the Association of Builders and Developers of Pakistan (ABAD). “It is alarming that despite having a list of dangerous buildings, the SBCA did not take action to get them evacuated.”
He urged the Sindh government to reassess buildings citywide and equip rescue teams with modern tools and technology.
With hundreds of buildings still listed as unsafe, authorities now face mounting pressure to prevent future disasters.
“The way out is that we must follow what the law says,” said Mayor Wahab when asked if anyone would be held accountable. “If citizens don’t listen to us, the political leadership and the administration have to play their part to convince those people.”
“Nobody wants to leave their house... but we must learn from our mistakes and ensure no such untoward incident takes place in the future,” he said.
China helped Pakistan with ‘live inputs’ in conflict with India, Indian Army deputy chief says

- India earlier noted no visible Chinese support for Pakistan during the four-day standoff
- Pakistani officials have also denied claims of receiving active assistance from Beijing
NEW DELHI: China gave Islamabad “live inputs” on key Indian positions during Pakistan’s deadly conflict with its neighbor in May, the deputy chief of India’s army said on Friday, calling for urgent upgrades to the country’s air defense systems.
The nuclear-armed rivals used missiles, drones and artillery fire during the four-day fighting — their worst in decades — triggered by an April attack on Hindu tourists in Indian-administered Kashmir that New Delhi blamed on Islamabad, before agreeing to a ceasefire.
Pakistan has denied involvement in the April attack.
India fought two adversaries during the conflict, with Pakistan being the “front face” while China provided “all possible support,” Lt. Gen. Rahul Singh said at a defense industry event in New Delhi.
“When the DGMO (director general of military operations) level talks were going on, Pakistan ... said that we know that your such and such important vector is primed and it is ready for action ... he was getting live inputs from China,” he said.
Singh did not elaborate on how India knew about the live inputs from China.
The Chinese foreign and defense ministries, and Pakistan army’s public relations wing did not immediately respond to Reuters requests for comment.
India’s relationship with China was strained after a 2020 border clash that sparked a four-year military standoff, but tensions began to ease after the countries reached a pact to step back in October.
India had earlier said that although Pakistan is closely allied with China, there was no sign of any actual help from Beijing during the conflict.
Regarding the possibility of China providing satellite imagery or other real-time intelligence, India’s chief of defense staff had said such imagery was commercially available and could have been procured from China or elsewhere.
Pakistani officials have previously dismissed allegations of receiving active support from China in the conflict, but have not commented specifically on whether Beijing gave any satellite and radar help during the fighting.
Beijing, which welcomed the ceasefire in May, has helped Pakistan’s struggling economy with investments and financial support since 2013.
The Chinese foreign minister also vowed support to Pakistan in safeguarding its national sovereignty and territorial integrity when he met his Pakistani counterpart days after the ceasefire.
Singh said that Turkiye also provided key support to Pakistan during the fighting, equipping it with Bayraktar and “numerous other” drones, and “trained individuals.”
Ankara has strong ties with Islamabad, and had expressed solidarity with it during the clash, prompting Indians to boycott everything from Turkish coffee to holidays in the country.
Turkiye’s defense ministry did not immediately respond to a Reuters request for comment.
Pakistan’s PM condemns Israeli military assaults on Iran, Gaza

- Says regional stability threatened by ‘forces of chaos’ pursuing geopolitical agendas
- Sharif was speaking at 10-member ECO bloc‘s 17th summit being held in Azerbaijan
ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Thursday condemned Israel’s recent strikes on Iran and denounced the ongoing war in Gaza as a “man-made catastrophe,” using his address at the Economic Cooperation Organization (ECO) summit to call out what he described as growing regional instability driven by foreign aggression.
Sharif was speaking in the Azerbaijani city of Khankendi, where heads of state from the 10-member ECO bloc convened for the group’s 17th summit. The ECO, founded in 1985 by Iran, Turkiye, and Pakistan, includes members from Central Asia, the Caucasus, and the Middle East. The 2025 summit is focusing on boosting intra-regional trade, connectivity, climate funding and sustainable development.
“My dear brothers and sisters, forces of instability and chaos continue to destabilize our region for their own geopolitical agendas,” Sharif said in his address.
“The unlawful, unjustified and uncalled for Israeli attack on Iran, a brotherly country and fellow ECO member state, [is] the most recent manifestation of this dangerous trend … Pakistan strongly condemns this act of Israeli aggression.”
Some 935 people were killed in Iran during the 12-day air war with Israel, based on the latest forensic data, a spokesperson for the Iranian judiciary said on Monday, according to state media. Among the dead were 38 children and 132 women.
Israel launched the air war on June 13, attacking Iranian nuclear facilities and killing top military commanders as well as civilians in the worst blow to the Islamic Republic since the 1980s war with Iraq.
Iran retaliated with barrages of missiles on Israeli military sites, infrastructure and cities. The United States entered the war on June 22 with strikes on Iranian nuclear facilities. A tenuous ceasefire is holding.
Sharif also directed global attention to the humanitarian crisis in Gaza.
“Unfortunately the world has been witnessing an unprecedented man-made catastrophe in Gaza, a region that has descended into an abyss of perpetual suffering,” he said. “It is as if humanity no longer exists while famine looms large, humanitarian workers including UN personnel are being attacked by Israel with impunity to deliberately cut off the only lifeline of the helpless and starving people of Gaza.”
He reiterated Pakistan’s support for oppressed populations across the Muslim world, including Palestinians and Kashmiris.
“Pakistan stands firmly against those who perpetrate barbaric acts against innocent people anywhere in the world, whether in Gaza or Indian illegally occupied Jammu and Kashmir or Iran,” he said.
The latest war in Gaza began when Hamas fighters stormed into Israel on October 7 2023, killed 1,200 people, most of them civilians, and took 251 hostages back to Gaza in a surprise attack that led to Israel’s single deadliest day.
Israel’s subsequent military assault has killed more than 56,000 Palestinians, most of them civilians, according to the Gaza health ministry, displaced almost the whole 2.3 million population and plunged the enclave into a humanitarian crisis. More than 80 percent of the territory is now an Israeli-militarized zone or under displacement orders, according to the UN.
Pakistan PM urges ECO states to build carbon market, green corridors amid climate crisis

- PM Sharif says climate-induced disasters pose an existential challenge for many ECO countries
- He calls trade and investment key to achieving common goals, boosting regional connectivity
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for the establishment of low-emission corridors and a regional carbon market to mobilize climate finance across member states of the Economic Cooperation Organization (ECO), warning that climate change was threatening food security and livelihoods of millions in the region.
Addressing the 17th ECO Summit in Khankendi, Azerbaijan, the Pakistani prime minister highlighted the devastating impacts of climate change and urged regional cooperation to mitigate these risks.
The summit focused on trade, sustainable development and enhanced regional connectivity.
“Like the rest of the world, ECO member states are facing far-reaching impacts of climate change, from melting glaciers, desertification, extreme heat waves, devastating floods and declining agricultural productivity,” Sharif said in his speech. “These challenges threaten the food security and livelihoods of millions of our people. Pakistan remains among the top 10 countries that are most vulnerable to climate change.”
“Pakistan proposes the development of low-emission corridors, an ECO-wide carbon market platform and regional disaster resilience systems,” he continued. “A dedicated framework to mobilize climate finance along with regional clean energy corridors and eco-tourism initiatives can further drive inclusive, sustainable growth, creating green jobs, especially for youth and women and supporting livelihoods in vulnerable regions.”
The prime minister cited the catastrophic 2022 floods in Pakistan as a grim example of climate vulnerability, recalling that over 33 million people were affected, with widespread damage to lives, livelihoods and infrastructure.
He also referenced recent flash floods during the current monsoon season that have claimed over 60 lives, noting that climate-induced disasters now pose an existential challenge for many ECO countries.
TRADE, TOURISM, CONNECTIVITY
The prime minister also urged ECO member states to expedite the implementation of the ECO Trade Agreement, originally envisioned as a cornerstone of regional integration under the ECO Vision 2025.
“Promotion of trade and investment holds the key to securing our common goals for strengthening regional connectivity,” he said, citing the need to activate transport corridors, ensure energy security and foster intra-regional tourism and economic growth.
While the agreement was reached during the 13th ECO Summit in Islamabad in 2017, it is yet to be operationalized.
Sharif called for renewed efforts to build on the region’s shared heritage and historic Silk Road synergies.
“As members of the ECO family, sharing strong commonalities of history and geography, of faith and culture, we have a firm basis for lasting cooperative relationships,” he added. “Let us … channel our collective energies toward a future that guarantees our people’s life of peace, progress and prosperity.”
Pakistan PM, Azerbaijan president vow to boost trade and investment on ECO summit sidelines

- The summit brought together heads of government from ECO member states to discuss economic and political cooperation
- Pakistan, bolstered by an IMF program, is looking to capitalize on its geostrategic location as a major trade and transit hub
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Friday met with Azerbaijan President Ilham Aliyev on the sidelines of the 17th Economic Cooperation Organization (ECO) summit, Sharif’s office said, with the two leaders agreeing to boost bilateral trade and investment.
The prime minister led Pakistan’s delegation at the ECO summit in Khankendi, Azerbaijan on July 3-4, which focused on the promotion of trade, sustaining development and enhancing regional connectivity.
Sharif noted that recent interactions between leaders of the two countries had helped strengthen relations and invited President Ilham to visit Pakistan at his earliest convenience, according to the Pakistan PM’s office.
“The two leaders agreed to enhance their cooperation in the fields of trade and investment while expressing satisfaction over the progress made regarding the investment prospects,” Sharif’s office said.
“Both leaders reiterated their resolve to strengthen the economic partnership, especially Azerbaijan’s investment in Pakistan.”
This is Sharif’s third visit to Azerbaijan in 2025. He last traveled to Baku in May as part of a broader push at economic diplomacy with the Central Asian republics, to whom Pakistan has offered access to its southern ports in Karachi and Gwadar.
The ECO summit, themed as “New ECO Vision for a Sustainable and Climate Resilient Future,” brought together heads of state and government from ECO member states to discuss economic and political cooperation.
Founded in 1985 by Iran, Pakistan and Turkiye, the Eurasian intergovernmental organization included Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan in 1992, aiming to establish a single market for goods and services.
Pakistan, slowly recovering from a macroeconomic crisis under a $7 billion International Monetary Fund (IMF) deal, has been looking to capitalize on its geostrategic location to boost transit trade and foreign investment for a sustainable economic recovery.
In July 2024, Azerbaijan announced a $2 billion investment in Pakistan during a visit by President Ilham Aliyev to Islamabad. In September last year, Pakistan signed a contract to supply JF-17 Block III fighter jets to Azerbaijan, marking the deepening of defense cooperation.