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00:00With the summit in overtime, delegates at COP29 agree to a $300 billion climate finance
00:07deal for poorer countries.
00:11Ukraine has reportedly lost over 40% of land seized in their cross-border surprise incursion
00:16into the Russian region of Kursk.
00:25It's past 3 a.m. and a new climate finance deal has just landed here in Baku.
00:31After hours of negotiations, countries have reached a compromise on the key sticking point,
00:36the so-called New Collective Quantified Goal, the very core issue of this summit.
00:41They've now agreed to provide $300 billion in annual climate finance by 2035.
00:47Earlier on Saturday, negotiators from the Least Developed Countries Group and the Alliance
00:52of Small Island States walked out of the meeting room as discussions between developed
00:58and developing nations over the latest draft text intensified.
01:02The debit over raising the $250 billion proposal made on Friday further deepened the divide
01:09between countries.
01:10The G7 Seven Plus China Group, representing over 130 developing nations, demanded at least
01:16the $500 billion annually by 2035, calling for more transparency about the structure
01:23and form of these funds.
01:25Many admitted it has not been an easy journey, and while the EU welcomed the outcome with
01:30a commissioner for climate stating in the plenary that the $1.3 trillion objective can
01:35still be achieved, India voiced its disappointment.
01:40Governments have also reached agreements on carbon markets and found a compromise on adaptation.
01:46Even though the new climate finance deal doesn't fully meet the requests from poorer countries,
01:51it has opened a new chapter in the climate talks and most importantly saved COP29 from
01:57the brink of collapse.
01:59Giorgio Arlandi for Euronews, COP29 in Baku.
02:07Ukraine is reportedly losing ground in the Russian province of Kursk, with the senior
02:12Ukrainian military official saying over 40% of land seized has been lost.
02:20Russia deployed tens of thousands of troops to Kursk after Kiev's forces launched their
02:25incursion, surprising Moscow two and a half years into their full-scale invasion of Ukraine.
02:33Ukrainian President Volodymyr Zelensky commented on the situation in the region, saying the
02:38goal of Russian President Vladimir Putin was to push Kiev's troops out by January
02:4420th of next year.
02:47Russian officials have released footage of Kursk residents returning to the area, with
02:52authorities saying more than 120,000 civilians were evacuated after Ukraine's incursion
02:58into the region in August.
03:02This past week has seen the most significant escalation in hostilities that Ukraine has
03:06witnessed and marks a new chapter in the nearly three-year war, one tinged with uncertainty
03:12and fear.
03:17The body of Rabbi Zvi Koigan, an Israeli Moldovan who went missing in the UAE, has been found
03:24after he was killed in what Israel claims to be a heinous anti-Semitic terror incident.
03:31A statement from Prime Minister Benjamin Netanyahu's office said Israel will act with
03:36all means to seek justice with the criminals responsible for his death.
03:42There has not yet been an immediate comment from the UAE.
03:52At least 20 people have been killed in Israeli airstrikes on the Lebanese capital Beirut
03:58as diplomats scramble to broker a ceasefire.
04:02Lebanon's health ministry said 66 people were wounded in the strikes, the fourth such attacks
04:07on central Beirut in less than a week.
04:10The strikes destroyed an eight-story building with a Hezbollah representative saying none
04:15of the group's officials were inside at the time.
04:18The latest escalation comes after a U.S. envoy traveled to the region in a bid to strike
04:23a deal to end months of fighting between Israel and Hezbollah that has erupted into
04:28a full-blown war.
04:30The current proposal calls for a two-month ceasefire during which Israeli forces would
04:34withdraw from Lebanon and Hezbollah would end its armed presence along the southern
04:38border.
04:40Thousands more Lebanese troops would patrol the border area with UN peacekeepers and an
04:44international committee would monitor the deal's implementation.