The summit was close to failure, but secured a last-minute dal of climate finance for developing countriesfor developing countries increasingly damaged by extreme weather events. It was perilously close to failure, which would have come at the wrong time geopolitically and undermined multilateralism more widely, as well as threatening climate action.
Alarm about his re-election was overtaken by a foreboding sense that many sympathetic to Trump’s views were surfacing within Cop29 negotiating rooms. The absence of many global leaders, including those from many major countries who are the biggest emitters, added to the gloom.
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Deepening divisions over critical ‘climate finance goal’ and ‘who pays’ stalling progress at Cop29 talksExpected level of global heating by end of the century has not changed since 2021, with ‘minimal progress’ made this year - Carbon Action Tracker
Source: IrishTimes - 🏆 3. / 98 Read more »
Cop29 agrees climate finance deal but campaigners brand it a ‘betrayal’Amid climate change, campaigners lament shortfall in help to poorer countries to switch to low-carbon economies, and decry influence of Saudi Arabia, Azerbaijan and looming Donald Trump presidency
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COP29 Reaches Deal on Climate Finance, But Developing Nations Say It's Not EnoughDespite pressure from oil-producing nations and the looming presidency of Donald Trump, COP29 concluded with a deal to triple financial support to $300 billion a year for vulnerable developing countries. However, developing nations argue that this commitment is insufficient to avert a climate catastrophe.
Source: IrishTimes - 🏆 3. / 98 Read more »
Cop29 deadlocked as new €250bn finance offer comes up short‘There is no deal to come out of Baku that will not leave a bad taste in everyone’s mouth, but we are within sight of a landing zone’
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Cop29 stuck with big finance gap amid claims of backsliding on fossil fuels‘Standing still is retreat and the world will rightly judge us very harshly if this is the outcome’ warns UK’s Ed Miliband
Source: IrishTimes - 🏆 3. / 98 Read more »