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COP29 summit ends with ‘paltry’ US$300 billion climate finance deal; no change for China’s contributions

By Nick Perry, Laurent Thomet and Shaun Tandon The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a US$300 billion a year pledge from wealthy historic polluters as insultingly low. The closing plenary of COP29, in Baku, Azerbaijan, on November 24, 2024. Photo: COP29 […]

Five takeaways from COP29 in Baku, Azerbaijan and the G20 Rio de Janeiro summit

“Failure is not an option.” These were the foreboding words shared by UN Secretary-General António Guterres in Baku, Azerbaijan, to set the stage for COP29, the UN’s annual climate conference. (Whether Guterres knew he was quoting Arnold Schwarzenegger is anyone’s guess.) The climate summit’s last day is today, and for many people, it couldn’t come […]

Cop29 live: UK, New Zealand and Colombia join coalition to phase out fossil fuel subsidies

UK, New Zealand, and Colombia join coalition to phase out fossil fuel subsidies An announcement has just come through that the United Kingdom, New Zealand, and Colombia have joined the international Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies (COFFIS). COFFIS is a Dutch-led coalition of governments working together to remove barriers and facilitate […]

COP29 host Azerbaijan says doors ‘still open’ after spat with France – Times of India

COP29 (Picture credit: AP) Azerbaijan‘s “doors are still open”, the COP29 presidency’s lead negotiator said Thursday after France’s ecology minister pulled out of the UN climate summit over “unacceptable” remarks by President Ilham Aliyev.Aliyev used a speech at COP on Wednesday to attack Paris for alleged colonial “crimes” and “human rights violations” in its overseas […]

Stark warning on emissions as leaders divided at COP29

Albanian prime minister Edi Rama skewered the many leaders who skipped this year’s event. (AP pic) BAKU: Global leaders offered competing visions on how to tackle climate change at UN-led talks today as a new report warned that the world must reach carbon neutrality much sooner than planned. Planet-warming carbon dioxide emissions from oil, gas […]