Showing posts with label COP29. Show all posts
Showing posts with label COP29. Show all posts
Monday, November 25, 2024
Sunday, November 24, 2024
Recriminations after COP29 agrees deal on $300bn for poorer nations
Georgina Rannard and Esme Stallard
BBC climate reporters
Reporting fromIn Baku
Getty Images
Richer countries have pledged a record $300bn (£238bn) to help the developing world fight climate change, but the deal is facing recriminations that it comes nowhere near addressing poorer countries' challenges from global warming
The talks at the UN climate summit COP29 in Azerbaijan ran 33 hours late, and came within inches of collapse.
The head of the UN climate body, Simon Stiell, said it had “been a difficult journey, but we've delivered a deal.”
But the talks also failed to build on an agreement passed last year calling for nations to “transition away from fossil fuels”.
Developing nations, as well as countries that are particularly vulnerable to climate change, dramatically walked out of the talks on Saturday afternoon.
“I am not exaggerating when I say our islands are sinking! How can you expect us to go back to the women, men, and children of our countries with a poor deal?” said the chair of the Alliance of Small Island States, Cedric Schuster.
But at 03:00 local time on Sunday (23:00 GMT on Saturday), and after some changes to the agreement, nations finally passed the deal. It was met with cheers and applause, but a furious speech from India showed that intense frustration remained.
“We cannot accept it… the proposed goal will not solve anything for us. [It is] not conducive to climate action that is necessary to the survival of our country,” Leela Nandan told the conference, calling the sum too small.
Richer countries have pledged a record $300bn (£238bn) to help the developing world fight climate change, but the deal is facing recriminations that it comes nowhere near addressing poorer countries' challenges from global warming
The talks at the UN climate summit COP29 in Azerbaijan ran 33 hours late, and came within inches of collapse.
The head of the UN climate body, Simon Stiell, said it had “been a difficult journey, but we've delivered a deal.”
But the talks also failed to build on an agreement passed last year calling for nations to “transition away from fossil fuels”.
Developing nations, as well as countries that are particularly vulnerable to climate change, dramatically walked out of the talks on Saturday afternoon.
“I am not exaggerating when I say our islands are sinking! How can you expect us to go back to the women, men, and children of our countries with a poor deal?” said the chair of the Alliance of Small Island States, Cedric Schuster.
But at 03:00 local time on Sunday (23:00 GMT on Saturday), and after some changes to the agreement, nations finally passed the deal. It was met with cheers and applause, but a furious speech from India showed that intense frustration remained.
“We cannot accept it… the proposed goal will not solve anything for us. [It is] not conducive to climate action that is necessary to the survival of our country,” Leela Nandan told the conference, calling the sum too small.
Monday, November 18, 2024
Tuesday, November 12, 2024
Monday, November 11, 2024
COP29 Opens in Azerbaijan With Climate Finance at Top of Agenda
Mukhtar Babayev, president of COP29, during the opening ceremony of the climate conference in Baku, Azerbaijan, on Monday, Nov. 11, 2024. Hollie Adams—Bloomberg/Getty Images
November 11, 2024 6:53 AM EST
BAKU, Azerbaijan — Soaring rhetoric, urgent pleas and pledges of cooperation contrasted with a backdrop of seismic political changes, global wars and economic hardships as United Nations annual climate talks began Monday and got right to the hard part: money.
In Baku, Azerbaijan, where the world's first oil well was drilled and the smell of the fuel was noticeable outdoors, the two-week session, called COP29, got right to the major focus of striking a new deal on how many hundreds of billions — or even trillions — of dollars a year will flow from rich nations to poor to try to curb and adapt to climate change.
The money is to help the developing world transition their energy systems away from planet-warming fossil fuels and toward clean energy, compensate for climate disasters mostly triggered by carbon pollution from rich nations and adapt to future extreme weather.
Saturday, November 09, 2024
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