From the final deal to what happens next, here’s what you might have missed at COP29. In the early hours of Sunday morning it was finally agreed that rich countries will pay developing countries $300 billion a year by 2035 to help them cope with the effects of the climate crisis. Earlier in the climate […]
All eyes are on Brazil, the host of Cop30, after developing nations deemed the finance plan agreed at Cop29 to pay for the ravages of climate change to be too little, too late. The climate summit, which will bring together tens of thousands of delegates, will be held from November 10 to 21 next year in the northern city of […]
After concerns climate talks in Baku could collapse, the gavel came down on a finance deal in the early hours of the morning. The Western world has agreed to pay $300bn a year to finance emissions reduction and climate adaptation in the developing world from 2035, but developing countries from Cuba to India slammed the […]
UN climate talks went into extra time on Saturday after key players rejected a $1.3 trillion deal put on the table by Azerbaijan, as negotiators made a last-ditch bid to bridge “chasms” between rich and poor countries at the Cop29 summit. The proposal would set a $250 billion per year floor for funding for the fight against climate […]
The much-anticipated draft of a crucial finance deal released at Cop29 on Thursday has been called “deeply disappointing” and “unacceptable” with no agreement reached on levels of funding required to address the climate crisis across the globe. Vulnerable nations have called for a $1 trillion-a-year fund to be established at the talks in Baku, Azerbaijan […]
Azerbaijan has announced the agreement of a new green building roadmap. The collaboration with the International Finance Corporation is expected to outline practical and actionable strategies for adopting green building standards, energy efficient infrastructure and the use of environmentally responsible materials in the country. Anar Guliyev, chairman of the State Committee on Urban Planning and Architecture of Azerbaijan, […]
Negotiators were working round the clock at Cop29 in Baku, Azerbaijan on Wednesday as time to secure a crucial climate deal starts to slip away. Countries remain at odds on the summit’s main goal – how much financial firepower can be arranged to help vulnerable countries avoid the worst effects of climate change and transition towards a sustainable future. This is […]
“It makes common sense to tax mega polluters and the mega-rich to ensure that we have the money needed for climate action at home and globally” according to one campaigner. Who should foot the climate finance bill – from loss and damage funds to new funding targets – has become an enduring controversy at recent […]
A project in Rwanda has shown how farmers can produce more from crops simply by using modern and higher quality varieties of seeds. In one case, farmers were able to grow up to 10 times as many carrots on the same plot of land by swapping old seeds for new, more suitable versions. With more extreme […]
BAKU, Azerbaijan — Ilham Aliyev’s fossil fuel glorification is “inappropriate” for the leader of a country hosting an international climate conference, Belgium’s energy minister told POLITICO. The Azerbaijani president used his opening speech at the COP29 climate summit in Baku this week to praise the country’s oil and gas resources as a “gift of the God.” “I really […]
