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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 […]

‘Mr Putin could end this conflict today’: Albanese makes case for peace at summit without solutions

The declaration highlighted the human suffering in Ukraine and the damage to global food and energy supplies but did not mention Russia and did not condemn the full-scale invasion that began in February 2022. “We welcome all relevant and constructive initiatives that support a comprehensive, just and durable peace,” it said. While Russian President Vladimir […]