International

Possible lack of final agreement overspeaks Baku summit negotiations

Baku can go down in history as another failed climate summit, adding to the list of COPs that ended in failure; with a bad agreement, as in Copenhagen (2009) or without agreement, as in the summit in The Hague (2000).

This is raised in the conversations that negotiators, observers and journalists have this Saturday in the corridors of COP29, after the 24 hours of extension of a summit that was supposed to end on Friday afternoon and in full “chaos” after dozens of countries left the room where the draft of the potential agreement was being negotiated.

The analysts and observers consulted, as well as the negotiating teams, agree to underline the “especially chaotic” end of this summit, from which a not too encouraging outcome is expected: either a “bad agreement” – that does not meet the needs of the Global South to face the climate challenge – or, directly, without agreement.

Pessimism invaded the spaces of the summit that hosts these days the capital of Azerbaijan, and in which about 200 states have been negotiating for two weeks how to finance climate action, especially in those low-income countries and vulnerable to the impacts of global warming.

Everyone mentions the ghost of the failed summits in The Hague and Copenhagen, cases that they would like to avoid, because they fear that going through another failure like this would further undermine the already weaken confidence in multilateralism.

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Some developing countries leave the trading room

In addition, small island states and some Africans left the negotiation room where they met the presidency’s latest proposal for the agreement on climate financing that finalizes COP29, where they said they did not feel heard.

Political representatives of the negotiating group that brings together the least developed countries, as well as that of the small island states claimed to have come to the climate summit in Baku to close “a fair agreement” on climate financing, but they have felt “hurt” by not being consulted.

“There is an agreement to be closed and we are not being consulted. We are here to negotiate, but we are leaving because at the moment we do not feel that we are being heard,” said the head of the negotiating group of the island countries, Cedric Schuste, in statements to the media.

“We do everything we can to build bridges with literally everyone. It is not easy, neither in financing nor in mitigation,” stressed the European Commissioner for Climate Action, Wopke Hoekstra, to emphasize that “it is fair to ask that we be constructive.”

Some Latin American and Caribbean states, which are trying to build bridges between the least developed and rich countries, expressed their refusal to admit that this Baku summit is closed without an agreement.

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“We cannot leave Baku or Copenhagen,” said Panama’s special climate envoy, Juan Carlos Monterrey, in reference to the climate summit held in the Danish capital in 2009, a meeting that the international climate community considered a failure, by not reaching any agreement.

“We are already at a point of not only building bridges, but walking on those bridges,” Monterrey said, after detailing that the countries had left the consultation mainly because of their discrepancies regarding the total amount that rich countries suggest mobilizing to pay for the climate transition and adaptation to the inevitable impacts of global warming.

“The great struggle is the figure,” said Monterrey, since developing countries at this point support that the goal is 300 billion dollars per year by 2035, and developing and emerging economies ask for 500 billion dollars annually and by 2030.

Lack of transparency in the process

Panama’s main negotiator, Ana Aguilar, also criticized the lack of transparency in the process, something she blamed on the Azerbaijani presidency of the summit, which according to her has had more meetings with some parties than with others, and has been three days without favoring negotiations more than bilaterally.

“We have a problem,” said Colombian Minister Susana Muhamad, who claimed that there is still a long distance between the amount that rich countries propose to mobilize and that requested by those that developing countries.

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The proposal of the presidency of the COP29, as reflected in a negotiating text made public on Friday, was that the awealing countries pay 250 billion dollars a year by 2035 to the states of the Global South, to help them pay for action against climate change, a phenomenon to which they hardly contribute but of which they are the main victims.

Now there is talk of 300 billion dollars, while the largest group of developing countries demands at least 500 billion.

The dispute is especially in the quantum, Muhamad said, but also “in some of the requirements that I think we can achieve through negotiation,” he said.

“The problem is that it has been published very late, it was published yesterday. The deadline is very short, so we have some countries, those that have less financial capacity, that do not feel satisfied,” explained Muhamad, who added that “we need them to be able to move and deliberate.”

The Colombian minister said that she will encourage rich countries “to take a step forward” and, she added, “it is very important that they do so so that we can move forward and carry out this negotiation.”

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Central America

El Salvador and Paraguay approve 2026–2028 cooperation program

The governments of El Salvador and Paraguay approved the 2026–2028 Cooperation Program, which includes six joint development projects, according to Salvadoran Vice Minister of Foreign Affairs Adriana Mira.

Mira stated that El Salvador will act as the “main provider of cooperation,” contributing five initiatives focused on road infrastructure, tourism, and local development. She also noted that one of the projects will be led by the Paraguayan side, although no further details were disclosed.

The agreement was reached during the Second Meeting of the Joint Commission on Technical and Scientific Cooperation between both countries.

According to Paraguay’s Ministry of Foreign Affairs, the First Meeting of the Political Consultation and Bilateral Coordination Mechanism was also held, with the participation of Vice Minister Víctor Verdún.

In an official statement, the Paraguayan government reported that both delegations agreed to identify mechanisms to promote competitiveness, economic growth, and market access. They also committed to signing agreements related to air transport cooperation.

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International

Macron meets Machado, stresses need for democratic transition in Venezuela

Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.

In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.

“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.

For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.

“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.

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International

Trump says Iran seeks new talks after failed negotiations in Pakistan

Donald Trump said on Monday that Iran has reached out to United States to resume negotiations, following the collapse of recent talks held in Islamabad.

“We’ve been contacted by the other side,” Trump told reporters, adding that Iran is eager to reach a deal “at all costs.” Speaking from the Oval Office, he reiterated that his main objective is to prevent the Islamic Republic from acquiring nuclear weapons and warned that he will not allow Iran to “blackmail” the international community.

After negotiations between Washington and Tehran ended without agreement on Sunday, Trump announced that the U.S. would move to block the Strait of Hormuz, a critical route for global oil trade.

The waterway had already been disrupted by Iran in response to a U.S. and Israeli offensive launched on February 28, causing significant shocks to the global economy.

In a post on Truth Social, Trump further warned that any Iranian vessel attempting to bypass the U.S. naval blockade in the strait would be “eliminated immediately.”