Explainer-Why are countries fighting over climate finance at COP29?
WHO SHOULD CONTRIBUTE? Donald Trump's victory in the U.S. election has overshadowed the COP29 talks, because of expectations he will halt U.S. climate finance contributions. That would leave a hole in any new global target that other donors would struggle ...
COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.
Three days in COP29 summit, countries still waiting for 'workable' climate finance draft
UN climate talks in Baku struggle with a lengthy draft on climate finance goals, facing challenges in condensing and aligning viewpoints.
COP29: Annual Climate Finance To Grow From $100 Billion To $1 Trillion
Under the 2015 Paris Agreement countries agreed to set a new, higher annual, climate finance goal by 2025 and this scheduled for negotiation at COP29, which starts today.
Bridging the climate finance gap for a just transition at COP29
Nov 13, 2024 // COP29 is expected to yield significant climate finance commitments, but achieving our climate goals will be difficult without transparent and accountable mechanisms for receiving and disbursing these funds for climate action.
Opinion
COP29 must remedy injustice of climate finance in Africa
In theory, it is meant to allow African nations to sell carbon credits generated by forest preservation or emission reductions to developed countries or companies looking to offset their emissions.
Finance and business deals announced at COP29 climate talks
The latest round of global climate talks in Baku, Azerbaijan, has drawn in 60,000 delegates, including many from the worlds of business and finance.
COP29: With public climate finance shortfall, is investment capital a way forward?
As 198 nations convene in Baku, Azerbaijan, for the 29th United Nations climate summit, one word will almost certainly dominate COP29 technical negotiations and private discussions: finance. After two years of record heat,
COP29: Three days in, countries still waiting for 'workable' climate finance draft
The new draft also suggests that countries should stop using climate finance to support fossil fuels or 'emission-intensive' projects
COP29: Why are countries fighting over climate finance?
The main task for nearly 200 countries at the U.N.'s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide.
COP29: Countries grapple with raising trillions to fight climate change
When it comes to discussions on climate finance, the amount of money being talked about to help poor nations could be as high as $1.3 trillion a year.
Rich nations must double climate finance from taxpayers’ money by 2030 – experts
As world leaders met at Cop29, UN-appointed experts said countries must ramp up climate finance to avoid the worst impacts of ...
We Must Unlock Greater Access to Climate Finance at COP29 to Deliver on the UAE Consensus
Determination conquered doubt in Dubai, now we need a new goal on climate finance to be agreed at this year's climate summit ...
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Africa is demanding a bigger slice of the climate finance pie
Central to the discussions is the setting of new climate finance targets to support developing countries in climate ...
Development lenders set $120-billion climate finance goal for poorer countries
The world's top multilateral banks pledged to ramp up climate finance to low and middle income countries to $120 billion a ...
Climate finance is the hot topic at COP29 but would it be a loan, who pays and what’s it spent on?
Countries need to agree on a new collective quantified goal for climate finance in Baku. Here are the key fault lines. View ...
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Stark warning on emissions as leaders split on climate goals at COP29
Global leaders offered competing views on how to tackle climate change at UN-led talks Wednesday as a new report warned the ...
Earth’s biggest polluters aren’t sending leaders to UN climate talks in a year of weather extremes
The world’s biggest polluters and strongest economies — China and the United States — aren’t sending their No. 1s. Neither ...
Exclusive-ADB increases climate finance after US, Japan give world's first sovereign guarantees
The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan ...