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The summit is critical to focus on ambition, measurable targets, adequate resources and action by governments, businesses and consumers.
Estimates of how much external funding emerging nations need to adapt to the ravages of climate change are around $1 trillion a year by 2030.
The breakthrough deal is aimed at helping vulnerable countries cope with storms, floods and other disasters being fuelled by rich nations' historic carbon emissions.
The 20-page document is far from a final version and there are still hours if not days left in the negotiations between delegates from nearly 200 countries.
The G77 bloc of developing countries and China are proposing a 'loss and damage' fund should be created to provide money to countries already hit by climate disasters.
Scientists say investment in fossil fuel must cease if there is any chance of limiting global warming to 1.5 degrees Celsius, the point beyond which climate impacts are expected to worsen significantly.
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