Negotiations at the UN climate summit in Baku, Azerbaijan, enter their second week today with a slew of unfinished agenda items. Why it matters: A failure to arrive at a new and far-reaching annual funding target for climate funding directed at the developing world — which climate impacts are hitting the hardest — could have knock-on effects for years.

This year’s climate change conference is a stark reminder that meeting our climate goals requires unprecedented financial mobilization.

Campaign group WWF says there’s a ‘need for parties to get together and work through this’ as experts call for $1tn to reach developing countries each year