Tag: COP 29

    Azerbaijan puts $1.3 trillion climate deal on table at Cop29
    23 Nov 2024

    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 […]

    Dismay at ‘unacceptable’ Cop29 climate fund draft as time runs out to strike deal
    22 Nov 2024

    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 launches green building roadmap in bid to cut emissions
    21 Nov 2024

    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, […]

    ‘We need to pick up the pace’: Crunch Cop29 talks intensify as climate summit approaches defining moment
    21 Nov 2024

    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 […]

    Billionaires, frequent flyers, oil and gas: Who could fund COP29’s $1tn finance target?
    20 Nov 2024

    “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 […]

    Farmers overcome growing pains in bid to defeat climate change
    19 Nov 2024

    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 […]

    Azerbaijan leader’s fossil fuel praise an ‘abuse’ of COP29, Belgium says
    19 Nov 2024

    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 […]

    Geopolitical tensions simmer as Cop29 heads into second week
    17 Nov 2024

    Geopolitical tensions have rippled through Cop29, prompting climate campaigners to remind national leaders why they are in Baku. Negotiations will resume on Monday – Sunday is a rest day – after the usually staid world of climate negotiations was rattled by a French minister cancelling her trip to the summit and Argentina withdrawing its delegation. The […]

    Cop29 and the $1 trillion tussle: will countries contribute to the climate fund?
    17 Nov 2024

    Talks about a $1 trillion a year fund to fight climate change are fractured over the issue of who will pay, as rising economies such as China, Brazil and India resist pressure to split the bill, The National has been told. One negotiator described a “series of deadlocks” at the Cop29 summit in Azerbaijan, with poorer countries at odds over whether to accept proposals from the […]

    Vulnerable island states ‘angry and suffering’, but will not give up at Cop29
    16 Nov 2024

    Island states are angry and suffering over climate change, Toeolesulusulu Cedric Schuster, chairman of the Alliance of Small Island States, said on Friday as he ruled out the prospect of any “backslide” at Cop29. It came as the summit, held in Azerbaijan’s capital Baku, was processing a call that future UN climate talked needed an overhaul. “We are angry,” […]