UN climate summits turning dubious deepen crisis
3 months, 4 weeks 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 Nations Environment Programme emissions gap report released just before the COP29 meet, global emissions reached a record-high 57.1 gigatons of carbon dioxide equivalent in 2023, an increase of 1.3% from 2022. The United Nations Framework Convention on Climate Change, established in 1994, was built on the “polluter pays” principle, acknowledging the disproportionate historical emissions of developed nations.

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History of this topic

No objection to decision on New Collective Quantified Goal at COP29: Azerbaijan lead negotiator
2 weeks, 3 days ago

No objection to decision on New Collective Quantified Goal at COP29: Azerbaijan lead negotiator

Hindustan Times  

New Delhi: There was no formal objection to the decision on the New Collective Quantified Goal at COP29 in Baku last year, Yalchin Rafiyev, Lead Negotiator for COP29 Azerbaijan said in among the first comments by the organisers on the controversial climax to the talks. HT reported on November 25 that the COP29 climate talks ended in unprecedented acrimony even …

US skips key climate meet, fanning fears it will ditch UN framework
1 month ago

US skips key climate meet, fanning fears it will ditch UN framework

Hindustan Times  

New Delhi: The Intergovernmental Panel on Climate Change ’s meeting in Hangzhou, China opened on Monday with reports that US has withdrawn from the seventh assessment cycle presently underway. IPCC, the main UN body for assessing the science related to climate change represented by hundreds of leading scientists globally, did not comment on US’s withdrawal immediately. Government support ensures the …

COP29, climate finance and its optical illusion
2 months, 4 weeks ago

COP29, climate finance and its optical illusion

The Hindu  

Finance has been a major point of climate change negotiation since the launching of the United Nations-led climate change negotiations in 1991, producing the United Nations Framework Convention on Climate Change 1992. The $100 billion mark, met by the developed countries only in 2022, does not match the growing needs of climate finance corresponding to the developing countries’ nationally determined …

Can U.N. summits save the planet? A faltering year of talks brings up questions about the process
3 months, 1 week ago

Can U.N. summits save the planet? A faltering year of talks brings up questions about the process

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. He said he's been watching humanity “collectively fail as …

Climate myopia: This year’s CoP was a big disappointment but small surprise
3 months, 3 weeks 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 months, 4 weeks 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. …

COP29 in Baku: Oil and money stain climate talks
3 months, 4 weeks ago

COP29 in Baku: Oil and money stain climate talks

New Indian Express  

It is indeed ironical the UN Climate Conference, also known as the Conference of Parties, chooses to hold their jamborees in capitals that are the hub of fossil fuel interests. The World, desperately fighting Climate Change and global warming, held its 200-nation gathering in December 2023 in Dubai; and now COP29 has just concluded in Baku, Azerbaijan – the oldest …

India’s stand against inadequate climate finance at COP29
4 months 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 …

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

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost
Trending News
4 months ago

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost

Live Mint  

-- Negotiations over hundreds of billions of dollars in new climate funding for developing countries had staggered into overtime at COP29 in Azerbaijan. Saudi Arabia’s representative, Albara Tawfiq, said the kingdom opposed bids to “shift” the responsibility for providing climate finance beyond developed countries, shutting down a bid by the EU and US to expand the pool of contributors. Rich …

The climate deal brokered at Cop29 is disappointing – but it is a start
4 months ago

The climate deal brokered at Cop29 is disappointing – but it is a start

The Independent  

Although the last-minute agreement on climate finance reached at the Cop29 summit in Baku was branded a “betrayal” of developing countries by campaigners, it was much better than no deal. It was less than they wanted, but the agreement called on all parties to mobilise “all public and private sources” to get closer to the poor nations’ demand for $1.3 …

Cop29 climate deal criticised as a ‘death sentence for millions’
4 months ago

Cop29 climate deal criticised as a ‘death sentence for millions’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Campaigners have hit out at a “woefully inadequate” financial package for …

Cop29 secures last minute $300bn climate finance deal as talks saved from collapse
4 months ago

Cop29 secures last minute $300bn climate finance deal as talks saved from collapse

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. open image in gallery Activists participated in demonstrations for climate finance at the Cop29 summit “This deal will keep …

Know All About the Historic Climate Funding Deal at COP29
4 months ago

Know All About the Historic Climate Funding Deal at COP29

Deccan Chronicle  

At the COP29 climate talks, negotiators from around the world reached a landmark agreement on a new funding deal to support developing nations in addressing the challenges posed by climate change. This deal is seen as a crucial step in the fight against climate change, particularly as developing countries struggle with extreme weather events, rising sea levels, and other climate-related …

Climate organizations disappointed by “small” sum agreed at climate summit in Baku
4 months ago

Climate organizations disappointed by “small” sum agreed at climate summit in Baku

NL Times  

Nature and environmental organizations are deeply disappointed with the new amount of 300 billion dollars for climate support, agreed at the climate summit in Baku. Developing countries and climate experts wanted that amount to be considerably higher and Greenpeace therefore calls it "an absolute minimum agreement". Jasper Inventor, Head of COP29 Greenpeace Delegation said that the agreed climate finance goal …

COP29: $300 billion climate deal pushed through despite stiff opposition
4 months 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 U.N. Summit: Civil society protests against climate finance proposal, calls for 'no deal' over 'bad deal'
4 months ago

COP29 U.N. Summit: Civil society protests against climate finance proposal, calls for 'no deal' over 'bad deal'

The Hindu  

Civil society members staged a silent march at the U.N. climate summit, condemning the developed nations' proposal to increase annual climate finance to a meagre $250 billion by 2035. With their arms crossed in defiance, protesters walked silently through the summit venue, where chanting is prohibited "We urge you to stand up for the people of the Global South, and …

COP29: EU and US want to give $300 billion in climate finance
4 months ago

COP29: EU and US want to give $300 billion in climate finance

NL Times  

Rich countries negotiating support for developing countries at the climate summit in Baku are prepared to pay 300 billion dollars a year in climate aid from 2035, sources told Reuters news agency. European Commissioner Wopke Hoekstra says it is "doubtful" whether the climate summit in Azerbaijan will have a successful outcome. COP29 actually ended on Friday, but on Saturday the …

With talks teetering, climate negotiators struck a controversial $300 billion deal
Trending News
4 months ago

With talks teetering, climate negotiators struck a controversial $300 billion deal

NPR  

With talks teetering, climate negotiators struck a controversial $300 billion deal toggle caption Sean Gallup/Getty Images/Getty Images Europe Negotiators at a global climate conference in Baku, Azerbaijan, struck a last-minute deal for wealthy countries to help their poorer neighbors deal with global warming, saving the annual meeting as it verged on collapse. Cedric Schuster, Samoa's minister of natural resources and …

COP29 UN climate talks wrap up in Baku
4 months 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 …

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others
4 months ago

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others

LA Times  

Activists call for more spending to fight climate change on Saturday at the COP29 climate summit in Baku, Azerbaijan. “It’s a paltry sum,” said Indian negotiator Chandni Raina, drawing rousing cheers as she repeatedly added that India objected to the deal. Climate Change Executive Secretary Simon Stiell called the deal an “insurance policy for humanity,” adding that, like insurance, “it …

COP29 UN climate talks wrap up in Baku
4 months 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: World agrees to climate deal on financial aid for poor countries after summit nearly implodes
4 months ago

COP29: World agrees to climate deal on financial aid for poor countries after summit nearly implodes

CNN  

CNN — The world agreed to a new climate deal at COP29 in Baku, Azerbaijan, Saturday, with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis — a figure many developing countries criticized as vastly insufficient. “This new finance goal is an insurance …

COP29 talks extended as draft $250 billion finance offer flops
Trending News
4 months 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
4 months 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 …

COP29 Baku: What is climate finance, and the relevance of Baku summit
4 months, 1 week ago

COP29 Baku: What is climate finance, and the relevance of Baku summit

India Today  

While it is centred on negotiation, the first week of COP29 has concluded without any significant progress on climate finance, especially negotiations about a new climate finance goal due to concerns about equitable responsibility for climate action. This means that countries that have been historically responsible for carbon emissions and in turn, climate change, should contribute a lion’s share of …

COP29 climate financing negotiations in stalemate
4 months, 1 week 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
4 months, 1 week 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
4 months, 1 week 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 …

Cop29: The trillion-dollar question that has left climate summit at an impasse
4 months, 1 week 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, …

A devastating blow to global climate efforts
4 months, 1 week ago

A devastating blow to global climate efforts

The Hindu  

With the Republicans firmly in control of the U.S. government, a seismic shift in American climate policy is imminent, threatening to unravel years of slow but hard-earned progress in addressing the climate crisis. With president-elect Donald Trump referring to climate change as a “hoax”, the most devastating effect will be a diplomatic retreat in global negotiations, along with a possible …

Negotiations over climate finance remain deadlocked at UN summit
4 months, 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 …

The first week of the U.N.'s annual climate conference comes to a close
4 months, 1 week ago

The first week of the U.N.'s annual climate conference comes to a close

NPR  

The first week of the U.N.'s annual climate conference comes to a close We look at what happened during the first week of the United Nation's annual climate conference in Baku, Azerbaijan. BRADY: The Paris goal is to limit warming to 1.5 degrees Celsius - that's 2.7 Fahrenheit - over preindustrial temperatures, and scientists tell us that's what's needed to …

UN climate talks no longer fit for purpose, say experts
4 months, 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 …

Climate leaders urge reform of UN COP climate talks, warn process 'no longer fit for purpose'
Trending News
4 months, 1 week ago

Climate leaders urge reform of UN COP climate talks, warn process 'no longer fit for purpose'

Firstpost  

A group of former leaders and climate experts said the annual UN COP climate talks were “no longer fit for purpose” and needed to be reformed, publishing a critical open letter mid-way through what has so far been a fractious summit Emergency physician Joe Vipond, a member of Canadian Association of Physicians for the Environment, poses for photographers with a …

Global solidarity badly needed in fight against climate change
4 months, 2 weeks ago

Global solidarity badly needed in fight against climate change

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. Speaking at the 2024 United Nations Climate Change Conference, or COP29, in Baku, Azerbaijan, on Tuesday, UN Secretary-General Antonio Guterres said: "We are in the final countdown to limit global temperature rise to 1.5 degrees …

COP29: India demands climate justice, criticises unmet $100 billion finance pledge
4 months, 2 weeks ago

COP29: India demands climate justice, criticises unmet $100 billion finance pledge

India Today  

At the High-Level Ministerial on Climate Finance during COP29 in Baku, India, representing Like-Minded Developing Countries, pushed for the urgent need for heightened climate ambitions to address escalating climate disasters. Delivering India's statement, Naresh Pal Gangwar, Additional Secretary of the Ministry of Environment, Forest and Climate Change and lead negotiator at COP29, highlighted the disproportionate impacts of climate change on …

COP29 and the climate crisis: Navigating a world with Trump back in charge
Trending News
4 months, 2 weeks ago

COP29 and the climate crisis: Navigating a world with Trump back in charge

Live Mint  

To subscribe to this fortnightly newsletter and get it in your inbox, Dear reader, Welcome to the first issue of Mint’s newsletter on the climate crisis: Climate Change And You. He writes that unless countries act now, global GDP may decline by 10% due to climate impacts, and India may lose 5.8% of working hours and 34 million jobs due …

COP 29: Developed economies must learn to prioritise lives over profits
4 months, 2 weeks ago

COP 29: Developed economies must learn to prioritise lives over profits

Al Jazeera  

The so called ‘Wall Street Climate Consensus’ cannot be allowed to shape the new climate finance deal being negotiated in Baku. This means, that if developing nations are to have any chance of building clean-energy systems, preparing for extreme weather events and responding effectively to natural disasters like the one in Spain, it is crucial that a new, much more …

Watch: Starmer unveils UK’s ambitious climate change goal at COP29 conference
4 months, 2 weeks ago

Watch: Starmer unveils UK’s ambitious climate change goal at COP29 conference

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 Watch again as Sir Keir Starmer unveilED the UK’s climate goals at the 2024 United …

Why are countries fighting over climate finance at COP29?
4 months, 2 weeks ago

Why are countries fighting over climate finance at COP29?

The Hindu  

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. Wealthy countries pledged in 2009 to contribute $100 billion a year to help developing nations cope with the costs of a transition to clean energy and adapting to the …

World leaders address climate crisis at COP29 amid growing disasters
4 months, 2 weeks ago

World leaders address climate crisis at COP29 amid growing disasters

Deccan Chronicle  

Azerbaijan: The 29th UN climate conference began with world leaders discussing the devastating effects of climate change and calling for urgent global action. Bahamas Prime Minister Philip Edward Davis spoke on behalf of vulnerable island nations facing mounting debt from climate-related catastrophes, such as Hurricanes Dorian and Matthew, despite contributing minimally to global emissions. COP29 marks a critical point in …

Why are countries fighting over money at COP29 climate summit?
4 months, 2 weeks ago

Why are countries fighting over money at COP29 climate summit?

India Today  

The United Nations' COP29 climate summit, currently underway in Baku, Azerbaijan, has brought together representatives from nearly 200 countries with a primary goal of brokering a landmark climate finance deal. However, the recent US election results have cast a shadow over the talks, with concerns that a potential Trump administration could halt US climate finance contributions, potentially shrinking the overall …

World leaders urged to fund anticipatory climate actions
4 months, 2 weeks ago

World leaders urged to fund anticipatory climate actions

China Daily  

A night view shows the venue of the United Nations climate change conference, known as COP29, in Baku, Azerbaijan, Nov 11, 2024. As global leaders convene for the UN Climate Change Conference, or COP29, in Azerbaijan's capital Baku, an NGO has warned of increasing climate-driven disasters that are disproportionately affecting Africa. In a statement published on Monday, the IRC said …

COP29 In Baku: Article 6 To Fossil Fuel Phaseout — 10 Key Climate Issues On The Table
4 months, 2 weeks ago

COP29 In Baku: Article 6 To Fossil Fuel Phaseout — 10 Key Climate Issues On The Table

ABP News  

COP29 News: The 29th UN Climate Conference is under way in Baku, Azerbaijan, and the world’s focus has turned to critical climate challenges and negotiations that will shape global climate action. Setting a New Climate Finance Goal COP29 is dubbed the "finance COP" because it centres around establishing the New Collective Quantified Goal for climate finance, set to replace the …

COP29: The climate funds math that needs to be reset, explained
Trending News
4 months, 2 weeks ago

COP29: The climate funds math that needs to be reset, explained

Live Mint  

The 29th annual United Nations climate summit, COP29, started in Azerbaijan this week. The enhanced financial support would help developing countries strengthen their national climate plans, which, too, are due for an update in 2025. COP29 stakes The NCQG would also support climate adaptation—the component of climate action aimed at helping countries adjust to existing climate impacts. "The election result …

2015-2024 declared hottest decade ever as COP29 kicks off in Baku
Trending News
4 months, 2 weeks ago

2015-2024 declared hottest decade ever as COP29 kicks off in Baku

India Today  

As COP29 convenes, the global community is met with a dire warning from the UN’s World Meteorological Organization. The WMO’s State of the Climate 2024 Update issued a red alert, pointing at the swift acceleration of climate change within a single generation. From January to September 2024, global mean surface air temperatures were 1.54°C above pre-industrial levels, a significant increase …

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