A necessary signal: The Hindu Editorial on COP27 U.N. Climate meeting
2 years, 1 month ago

A necessary signal: The Hindu Editorial on COP27 U.N. Climate meeting

The Hindu  

The 27th session of the Conference of Parties is underway at Egypt’s sea-side city of Sharm el-Sheikh where, over two weeks, heads of government, diplomats, business heads, activists, journalists, and lobbyists will converge. While every COP ends with a hard-bargain document, the essential principle remains constant: how to ensure that all countries contribute to paying for what it takes to avoid the consequences of global warming without compromising on economic development, while accounting for their historical responsibility in exacerbating the crisis. Shifting from fossil fuels to renewable sources is expensive and the large developing countries while committing to a carbon-free future also underline their right to rely on fossil fuels in the interim. The ‘implementation COP’, India has said, must set out a transparent payment system and spell out how countries already reeling under climate disasters can be compensated. COP27 must send the message, loud and clear, that be it war or peace, poverty or plenty, securing the world’s future comes at a price that only gets costlier every passing day.

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History of this topic

How global warming smashed all safety barriers in 2024
16 hours, 23 minutes ago

How global warming smashed all safety barriers in 2024

Live Mint  

New Delhi: How do we feel the effects of climate change in our everyday lives? “People just get on with their lives, and that’s not nice", she says, putting the onus of this forgetfulness on the fact that in India, we tend to focus on “seasonal climate conversations"—like heat waves during summer, and floods during the monsoon. “It’s almost inevitable …

The Baku backlash: Why Cop29 needn’t be an irreversible setback for climate change
2 weeks, 3 days ago

The Baku backlash: Why Cop29 needn’t be an irreversible setback for climate change

The Independent  

I remember being captivated as a young man by this bold, Latin American leader called Rafael Correa. When the deadline passed after four years of campaigning, and deposits of only $13.3m had been received, president Correa declared that “the world has failed us” – not so different to the words echoed by the least developed country negotiators last week, who …

Climate myopia: This year’s CoP was a big disappointment but small surprise
2 weeks, 4 days ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

COP29: How $300 billion climate funding is an ‘optical illusion’
3 weeks, 1 day ago

COP29: How $300 billion climate funding is an ‘optical illusion’

Firstpost  

Much of the funding relies on mobilising private finance, which often translates to loans rather than grants. Nations already grappling with crippling debt burdens face the prospect of trading financial solvency for climate action A demonstrator displays hands that reads "pay up" during a protest for climate finance at the COP29 UN Climate Summit, November 23, 2024, in Baku, Azerbaijan. …

UN climate summits turning dubious deepen crisis
3 weeks, 2 days ago

UN climate summits turning dubious deepen crisis

New Indian Express  

CHENNAI: The COP29 climate conference, hosted in Baku, concluded with palpable disappointment as developed nations committed to mobilising only $300 billion annually for climate action in developing countries. This disappointing outcome exemplifies a larger pattern that has emerged over the past several years with the annual climate summits consistently failing to deliver on their ambitious goals. According to the United …

COP29 Sees Discord Over Climate Finance as Developed Countries Refuse to Meet Funding Commitments
3 weeks, 3 days ago

COP29 Sees Discord Over Climate Finance as Developed Countries Refuse to Meet Funding Commitments

The Hindu  

Published : Nov 29, 2024 20:35 IST - 8 MINS READ When Azerbaijan as the Presidency of this year’s Conference of Parties held at Baku, in Azerbaijan, informed delegates working on extended time that participating countries had arrived at an agreement, there were many who disagreed. While declaring that the developed countries “shall provide financial resources to assist developing country …

COP kicks the climate can down the road, again
3 weeks, 4 days ago

COP kicks the climate can down the road, again

Live Mint  

New Delhi: Shorn of negotiator parlance, the latest edition of the Conference of Parties can be summed up with the one-liner from the movie Jerry Maguire: Show me the money. The possibility of the US not paying its fair share means other developed countries have to bear the burden, a reason why they didn’t want to commit to a higher …

India’s stand against inadequate climate finance at COP29
3 weeks, 6 days ago

India’s stand against inadequate climate finance at COP29

Hindustan Times  

The Conference of Parties 29 climate summit in Baku, Azerbaijan, ended on a dramatic note as negotiators announced a pledge to triple annual climate finance to $300 billion by 2035, with an aspirational target of $1.3 trillion. Therefore, we oppose the adoption of this document.” India’s rejection of the climate finance package came in the face of celebration by developed …

Optimizing climate health adaptation policies
4 weeks ago

Optimizing climate health adaptation policies

China Daily  

A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan, Oct 31, 2024. At the just-concluded UN Climate Change Conference, or COP29, in Baku, Azerbaijan, health amid climate change was a prominent subject of discussion. Climate change does pose a serious threat to the health and wellbeing of …

Optimizing climate health adaptation policies
4 weeks ago

Optimizing climate health adaptation policies

China Daily  

A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan, Oct 31, 2024. At the just-concluded UN Climate Change Conference, or COP29, in Baku, Azerbaijan, health amid climate change was a prominent subject of discussion. Climate change does pose a serious threat to the health and wellbeing of …

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?
4 weeks, 1 day ago

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?

Firstpost  

The tumultuous COP29, the UN climate summit, concluded in Azerbaijan’s Baku after talks continued until early Sunday. Developed nations forced a deal agreeing to provide $300 billion a year to the developing world from 2035 in climate finance. Developed nations forced an agreement promising to put together $300 billion a year from 2035 in climate finance. Mukhtar Babayev, COP29 President, …

Climate talks end with mere $300 bn pledge
4 weeks, 1 day ago

Climate talks end with mere $300 bn pledge

New Indian Express  

The United Nations Climate Change Conference in Baku concluded on Sunday amid high drama with the adoption of a controversial agreement to triple climate finance for developing countries to $300 billion annually by 2035 as against the $1.3 trillion sought by developing countries per year until 2030. The process and the amount agreed upon faced strong opposition from India and …

Why developing nations like India are unhappy about the $300 billion COP29 deal
4 weeks, 1 day ago

Why developing nations like India are unhappy about the $300 billion COP29 deal

India Today  

The $300 billion annual climate finance deal agreed upon at COP29 in Baku has sparked significant dissatisfaction among developing nations, who deem the amount insufficient to address the escalating impacts of climate change. Developing countries argue that the $300 billion target, set to be achieved by 2035, falls short of the actual financial needs required to combat climate change effectively. …

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'
4 weeks, 1 day ago

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'

India Today  

After a complex negotiation at the climate finance in Baku during COP 29, countries adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with the impacts of climate change. As per the final official draft by UNFCC, the central focus of COP 29 was on bringing together nearly 200 countries in Baku and …

COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target
4 weeks, 1 day ago

COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target

The Hindu  

Published : Nov 24, 2024 17:46 IST - 6 MINS READ In the global climate negotiations that continued at the 29th edition of the Conference of Parties in Baku, Azerbaijan, between November 11 and 22, there was agreement on one issue. So, common sense suggests that developed countries, which are responsible for much of the cumulative carbon emissions that have …

COP29 ends with contentious outcome
1 month ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

COP29 ends with contentious outcome
1 month ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

COP29: $300 billion climate deal pushed through despite stiff opposition
1 month ago

COP29: $300 billion climate deal pushed through despite stiff opposition

New Indian Express  

BAKU: The United Nations climate summit in Baku on Sunday concluded amidst high drama with the adoption of a controversial agreement to triple climate finance for developing countries to $300 billion annually by 2035. Chandni Raina, adviser to the Department of Economic Affairs and part of India’s negotiating team, criticised the agreement for failing to address the urgent needs of …

COP29 ends with contentious outcome
1 month ago

COP29 ends with contentious outcome

China Daily  

By HOU LIQIANG | chinadaily.com.cn | Updated: 2024-11-24 21:44 COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past …

COP29: UK and China can set a powerful example for global climate cooperation
1 month ago

COP29: UK and China can set a powerful example for global climate cooperation

China Daily  

chinadaily.com.cn | Updated: 2024-11-24 21:11 A view during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Amidst rising political tensions, strong bilateral cooperation between the UK and China can provide the international leadership needed to accelerate progress on climate change this decade. Following this meeting, and to support both multilateral …

COP29: NCQG talks spillover as no breakthrough in agreement yet
1 month ago

COP29: NCQG talks spillover as no breakthrough in agreement yet

Hindustan Times  

The new COP29 Presidency’s text will be released on Saturday after developing countries rejected the text on Friday evening. A joint statement by Amar Bhattacharya, Vera Songwe and Nicholas Stern, Co-Chairs of the Independent High-Level Expert Group on Climate Finance had said on Friday, “The text also calls on developed countries to increase their financial support for developing countries to …

COP29 ends in a $1.3 trillion disappointment. But there may still be hope
1 month ago

COP29 ends in a $1.3 trillion disappointment. But there may still be hope

Live Mint  

New Delhi: The 29th edition of the UN climate change conference in Azerbaijan emerged from a deadlock with an annual climate finance goal of $1.3 trillion for developing countries, much to the disappointment of the Global South. The second goal mentions that developed countries must take the lead in mobilising $250 billion per year by 2035 for climate action by …

COP29 UN climate talks wrap up in Baku
1 month ago

COP29 UN climate talks wrap up in Baku

China Daily  

A night view shows the venue of the United Nations climate change conference, known as COP29, in Baku, Azerbaijan, Nov 11, 2024. The COP29 United Nations climate change negotiations stumbled toward Friday's deadline, with a draft target of climate finance to developing nations falling far short of expectations. A key task of the UN gathering, which kicked off on Nov …

COP29 talks extended as draft $250 billion finance offer flops
Trending News
1 month ago

COP29 talks extended as draft $250 billion finance offer flops

Hindustan Times  

Baku: The COP29 climate summit was extended by a day after developing nations reacted with fury to developed countries’ proposal of $250 billion annual climate finance by 2035, calling it “a slap in the face” and far below their demand of $1.3 trillion, raising fears of a Copenhagen-like deadlock. “The quantum is an eyewash,” said a developing country negotiator, noting …

Cop29: Ask our climate correspondent anything amid summit in Azerbaijan
1 month ago

Cop29: Ask our climate correspondent anything amid summit in Azerbaijan

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Welcome to an exclusive Ask Me Anything session with me, Stuti Mishra, The Independent’s Asia …

India at CoP-29: Push for climate finance and strengthen domestic sources
1 month ago

India at CoP-29: Push for climate finance and strengthen domestic sources

Live Mint  

As CoP-29 reaches its final phase of talks in Baku, Azerbaijan, the focus on climate finance has intensified, underscoring its importance for developing economies like India. At the heart of this effort lies India’s domestic financial sector, particularly its banks, which are the largest source of climate finance outside of the government. Banks can embed climate risk into their broader …

COP29: Nations commit to 1.5°C pathway with enhanced climate goals
1 month ago

COP29: Nations commit to 1.5°C pathway with enhanced climate goals

India Today  

In a landmark announcement at the COP29 summit in Baku, a coalition of nations representing 30% of global GDP and 15% of greenhouse gas emissions committed to strengthening their Nationally Determined Contributions to align with the 1.5°C global warming threshold. The United Kingdom, Brazil, and the United Arab Emirates led the charge with ambitious NDC targets for 2035, signaling their …

COP29 climate financing negotiations in stalemate
1 month ago

COP29 climate financing negotiations in stalemate

China Daily  

The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries largely unaddressed. A key task of the UN gathering, which kicked off on Nov 11 in Baku, Azerbaijan, is to establish a post-2025 climate finance commitment from developed nations to developing countries, building on the previous pledge …

COP29 climate financing negotiations in stalemate
1 month ago

COP29 climate financing negotiations in stalemate

China Daily  

The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries largely unaddressed. A key task of the UN gathering, which kicked off on Nov 11 in Baku, Azerbaijan, is to establish a post-2025 climate finance commitment from developed nations to developing countries, building on the previous pledge …

As deadline looms, divide over climate pact widens
1 month ago

As deadline looms, divide over climate pact widens

Hindustan Times  

Baku: A deep divide over climate finance erupted into the open on Thursday at the UN climate summit COP29, as developed nations and developing nations roundly rejected a new draft proposal that offered two starkly different options for funding climate action, leaving the talks in disarray with barely a day remaining. A controversial proposal to count developing countries’ domestic resources …

Renewable surge in 2023 fails to curb worldwide emissions: Report
1 month ago

Renewable surge in 2023 fails to curb worldwide emissions: Report

Hindustan Times  

New Delhi: The world witnessed rapid progress in the renewable energy sector in 2023, but the slow speed of reductions in global emissions rendered it ineffective, a new report released at COP29 in Baku has highlighted. India ranked 10th, a drop from seventh last year, in the analysis — Climate Change Performance Index co-authored by Germanwatch, NewClimate Institute, and CAN …

Cop29: The trillion-dollar question that has left climate summit at an impasse
1 month ago

Cop29: The trillion-dollar question that has left climate summit at an impasse

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The New Collective Quantified Goal on Finance, which will fund the climate disaster and prevention-related costs in developing countries, …

India: Set new finance goal on climate justice
Trending News
1 month ago

India: Set new finance goal on climate justice

New Indian Express  

With COP29 negotiations reaching a critical stage, India on Tuesday demanded clear answers from developed countries on the New Collective Quantified Goal for climate finance. Delivering the national statement, Kirti Vardhan Singh, Minister of State in the Ministry of Environment, Forest, and Climate Change, said all NCQG decisions for climate finance must reflect the principles of climate justice and equity. …

UN chief urges aligning climate action with limiting global warming to 1.5°C
1 month ago

UN chief urges aligning climate action with limiting global warming to 1.5°C

Live Mint  

New Delhi: Every country’s next round of nationally determined contributions must contain unambiguous, absolute emissions reduction targets for 2030 and 2035, and align fossil fuel production and consumption plan to limiting global warming to 1.5°C above pre-industrial levels, UN secretary-general António Guterres said on Tuesday at the G20 meeting in Rio de Janeiro, Brazil. This assumes significance, as negotiations for …

COP29 and reducing climate leadership: What India can do
1 month ago

COP29 and reducing climate leadership: What India can do

Hindustan Times  

The Conference of Parties 29 has seen a lacklustre attendance with heads of State from major emitters including China, United States, South Africa, Germany and Canada not in attendance. India must take a nuanced stance advocating for continued resource transfers from the North to bolster India’s domestic capacity to become a crucial partner in achieving global climate goals. India would …

COP29: Draft G20 communique skips referring to transition away from fossil fuels
1 month ago

COP29: Draft G20 communique skips referring to transition away from fossil fuels

Hindustan Times  

Baku: The G20 leaders, whose nations represent 80% of global emissions, drew flak from observers at COP29 in Baku on Tuesday as their communique, a draft of which was circulating on Tuesday morning, failed to raise the climate ambition. It does mention the need for scaling up public and private climate finance and investment for developing countries and a successful …

Collective action on climate finance urged
1 month ago

Collective action on climate finance urged

China Daily  

By YANG HAN in Hong Kong | China Daily | Updated: 2024-11-19 09:51 COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet …

Collective action on climate finance urged
1 month ago

Collective action on climate finance urged

China Daily  

COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet its green finance needs, experts have said, as negotiations at the COP29 UN …

Collective action on climate finance urged
1 month ago

Collective action on climate finance urged

China Daily  

COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet its green finance needs, experts have said, as negotiations at the COP29 UN …

Climate finance is central for enabling and implementing climate actions, says India at COP29
1 month ago

Climate finance is central for enabling and implementing climate actions, says India at COP29

Live Mint  

New Delhi: Highlighting four essential aspects of global climate action, Leena Nandan, secretary of the ministry of environment, forest and climate change at COP29 on Monday, said the pre-2030 period is an opportunity to enhance global climate action through climate finance to reduce emissions and meet net zero. It is an opportunity to enhance global climate action,” Nandan said in …

COP29: India calls for “mutual trust” at key stage in Baku negotiations
1 month ago

COP29: India calls for “mutual trust” at key stage in Baku negotiations

Hindustan Times  

India on Monday laid down its expectations on climate action for the next six years during the annual high-level ministerial round table on pre-2030 ambition. “This trust is dependent on access to enhanced financial resources, technology transfer, capacity-building, and availability of market- based mechanisms”, India said in its statement. The 2024 Nationally Determined Contributions synthesis report does not pose a …

Finance goal at centre of Baku COP29 crisis
1 month ago

Finance goal at centre of Baku COP29 crisis

Hindustan Times  

New Delhi: With no progress made in week 1, the COP29 Presidency decided that ministers from Egypt and Australia will conduct consultations on the structure, contributors, and overall “quantum” of the new finance goal. According to developing countries including India, developed countries are pushing for higher mitigation goals without a commitment or even an indication of the quantum of the …

G20 nations reach climate finance breakthrough that eluded COP29 talks: Report
1 month ago

G20 nations reach climate finance breakthrough that eluded COP29 talks: Report

India Today  

Diplomatic tensions over global warming spilled over into the G20 summit negotiations in Brazil this week, with sources saying the 20 major economies reached a fragile consensus on climate finance that had eluded UN talks in Azerbaijan. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. …

India Voices Concern Over Climate Finance at CoP29 Baku Talks
1 month ago

India Voices Concern Over Climate Finance at CoP29 Baku Talks

Deccan Chronicle  

New Delhi: India on Sunday expressed serious concern about the progress by the developed countries to engage in a climate finance and mitigation work programme at CoP29 in Baku, Azerbaijan. However, India asserted that those with the highest capacity to take climate action have continuously shifted goalposts, delayed climate action, and consumed a highly disproportionate share of the global carbon …

CoP29: India, LMDC flag lack of progress, unwillingness by some parties to engage on finance
1 month ago

CoP29: India, LMDC flag lack of progress, unwillingness by some parties to engage on finance

Hindustan Times  

Baku: India and the Like Minded Developing Countries among other developing country parties made statements late on Saturday night during the closing plenary, as week 1 of COP29 came to an end, calling out lack of progress in finance talks. LMDC, a group of around 24 developing countries, including India, also raised the same concerns--that of pressure from developed nations …

COP29: India, developing nations push for fair climate finance
1 month, 1 week ago

COP29: India, developing nations push for fair climate finance

India TV News  

At COP29, India, along with other developing nations, advocated for fair and effective climate finance agreements to support global climate action. Negotiators have pointed out that approximately 69 percent of current climate finance is provided as loans, which can create heavy debt burdens rather than alleviating economic pressures. Pushing for Accountability and Consistency in Climate Funding A focal point of …

Negotiations over climate finance remain deadlocked at UN summit
1 month, 1 week ago

Negotiations over climate finance remain deadlocked at UN summit

Hindustan Times  

With just days remaining at the COP29 climate talks in Baku, negotiations over climate finance remain deadlocked, with developed and developing nations still far apart on both the scale of funding and its fundamental structure, even as Argentina’s withdrawal from the talks casts a shadow over global climate cooperation. Experts say Harjeet Singh, Climate Activist and Global Engagement Director for …

UN climate talks no longer fit for purpose, say experts
1 month, 1 week ago

UN climate talks no longer fit for purpose, say experts

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former high-ranking UN officials have written an open letter calling for a complete overhaul of …

COP29: India voices dissent on ‘discriminatory trade barriers linked to carbon emissions
1 month, 1 week ago

COP29: India voices dissent on ‘discriminatory trade barriers linked to carbon emissions

The Hindu  

India has voiced its disapproval of “protectionist” measures that link trade barriers and carbon emissions, at the ongoing climate talks in Baku, Azerbaijan. “A regime of unilateral trade measures on climate change,” India stated on Friday, “imposes the cost of the transition to low-carbon economies on developing and low-income countries. Circular evasions Neither the BASIC proposal nor India’s statement explicitly …

India pitches for $1.3 trillion in annual climate support for developing nations
1 month, 1 week ago

India pitches for $1.3 trillion in annual climate support for developing nations

Live Mint  

Intervening on behalf of like-minded developing countries, India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal till 2030. Developing countries require up to $1.5 trillion a year for their unique climate needs and net zero transition, according to various estimates. Also Read: COP29 stresses global …

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