2024-11-11 09:00:12
Climate Change
Finance
Politics

COP29: A Crucial Climate Summit Amidst Global Challenges

Image courtesy of : AFP (ALEXANDER NEMENOV)

The 29th UN Climate Conference (COP29) has commenced in Baku, Azerbaijan, bringing together delegates from nearly 200 countries to discuss pivotal climate issues. The primary focus of the two-week summit is the establishment of a new climate finance framework for post-2025. Experts estimate developing countries will require at least one trillion dollars annually for climate adaptation and mitigation.

Discussions also center on the urgent need to reduce global greenhouse gas emissions, a topic overshadowed by Donald Trump's re-election, which poses a threat to international climate commitments. The choice of Azerbaijan as host has raised concerns due to its human rights record and its reliance on fossil fuels.

The financial negotiations are critical, as developing countries demand substantial public funding, primarily as grants, to address climate impacts. The current pledges fall short, driving countries like Bangladesh further into debt. The aim is to agree on a higher financial target than the previously unmet 100 billion dollar goal.

German Foreign Minister Annalena Baerbock emphasizes the responsibility of major emitters, including oil-rich nations and China, to contribute to climate finances. However, Trump's election victory diminishes leverage in pressuring China, officially classified as a developing nation.

The outcomes of COP29 hold significant implications for national climate plans, essential for meeting the Paris Agreement's targets. The conference serves as a litmus test for global climate policy, especially in the absence of US leadership, challenging participants to forge a path forward amidst geopolitical and environmental uncertainties.

AFP
10. November 2024 um 15:50

UN Climate Conference Begins in Azerbaijan

Environment
Politics
Economy
The 29th UN Climate Conference in Baku, Azerbaijan, is focusing on climate finance; developing countries will need at least one trillion dollars per year in the future for climate protection and adaptation; reducing global greenhouse gas emissions is also on the agenda; the hosting in Azerbaijan is controversial due to the human rights situation there, and some influential heads of state and government are not participating; the conference is overshadowed by the victory of climate change denier..
The Guardian
11. November 2024 um 18:34

Cop29 live updates: climate summit gets under way in Baku, Azerbaijan

Politics
Environment
Finance
Cop29 in Baku, Azerbaijan faces concerns over the host's ability to facilitate progress, with a recording appearing to show the Cop29 CEO agreeing to facilitate fossil fuel deals.
Tagesschau - Wissenschaft und Forschung
11. November 2024 um 05:15

COP29 - What the Climate Conference in Baku is About

Finance
Environment
Politics
Date: 11.11.2024 06:15 AM The main topic at the climate conference starting today in Baku will likely be money. The countries need to agree on a new climate finance target. Many questions remain open. Johan Rockström, director of the Potsdam Institute for Climate Impact Research, says climate researchers are increasingly nervous when looking at the planet. He reminds that just a year ago at the climate conference in Dubai, the states had embarked on ambitious paths. Here, Rockström demands, it..
DER SPIEGEL
11. November 2024 um 05:10

COP29: World Climate Conference in Azerbaijan Begins - A Stress Test for Climate Protection Even Without the USA - DER SPIEGEL

Politics
Environment
The COP29 in Baku, Azerbaijan, is testing climate policy without the USA. The goal is more money for climate protection. The article is only for SPIEGEL+ subscribers who can pay via iTunes account, cancel and accept the terms of use and privacy policy.
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