Delegates at the COP29 climate summit in Baku are working to resolve a deep divide over a new global finance goal intended to support developing nations. Representatives from the Global South have proposed a target of at least $1.3 trillion annually, arguing that substantial public funding is necessary to meet climate targets and address escalating environmental damages. Conversely, several developed nations have been hesitant to commit to specific figures without first clarifying the pool of contributors and the role of private investment. While some European and North American officials emphasize the importance of involving emerging economies in the donor base, those nations maintain that the primary responsibility lies with historically high-emitting countries. Analysis suggests that the success of the summit hinges on finding a middle ground that balances financial feasibility with the urgent requirements of climate-vulnerable regions. Discussions are expected to continue through the final days of the conference as mediators seek a consensus agreement.