BAKU CONFERENCE

Carbon credits are generated by activities that reduce or avoid planet-heating greenhouse gas emissions, such as planting trees, protecting existing carbon sinks or replacing polluting coal with clean-energy alternatives.

India voiced strong opposition to the climate finance agreement reached at COP29 in Baku, deeming the proposed increase to $300 billion by 2035 as "too little, too distant" to meet the needs of developing countries. India criticized the adoption pro...

Negotiations for increased financial aid from wealthy nations to developing countries faltered, highlighting the challenges of global climate action amidst rising temperatures and political roadblocks.

Developing nations are expressing disappointment at the lack of a concrete financial commitment from developed countries at the UN climate conference in Baku. The conference, tasked with setting a new climate finance goal, has instead left a placeho...

At COP29, developing nations, including India and China, are demanding $1.3 trillion per year in climate finance from developed countries. They argue that this funding is a legal obligation under the Paris Agreement, not charity. Developed nations a...

Developing and developed nations are clashing over a new climate finance goal at COP29, with just 48 hours left to bridge the divide. Developing countries demand trillions in annual funding, primarily from public sources, while developed nations pro...

At COP29, many nations are questioning the fairness of grouping China and India as 'developing countries'. This label, while granting certain benefits, implies a perpetual state of 'catching up' for nations like South Africa and Bhutan. While this c...

The G20 summit concluded without concrete progress on climate finance, disappointing COP29 president Mukhtar Babayev who had hoped for a strong signal of commitment from the world leaders. While the G20 declaration lacked specific financial pledges,...

Negotiators at the UN climate talks (COP29) in Baku are looking to the G20 summit in Rio for progress on climate finance. COP29 president Mukhtar Babayev stressed the importance of the G20's role, highlighting their contribution to global GDP and em...

Securing a new climate finance package to help developing countries reduce emissions and adapt to climate change is the top priority of this year's UN climate talks.

Climate activists demand trillions in climate finance for developing countries. Negotiators at COP29 work to set a new climate finance goal. Disagreements arise regarding the amount, contributors, and time span of the funding. Developing countries s...

Over 1,700 fossil fuel lobbyists were granted access to the UN climate conference in Baku, Azerbaijan, outnumbering delegates from almost every country except the host nation, Brazil, and Turkey. This presence of industry representatives overshadows...

An open letter signed by prominent figures, including former UN officials and climate scientists, criticizes the UN climate process as ineffective. They call for a shift from negotiations to concrete actions, suggesting smaller, solution-oriented me...

Kazakhstan, Azerbaijan, and Uzbekistan signed an agreement to produce and transfer green energy. The agreement aims to create reliable corridors to supply green energy to European and other markets. Kazakhstan also signed an agreement with Azerbaija...

Negotiations for a new climate finance goal at COP29 in Baku hit a roadblock as developing countries, including the G77 and China, rejected proposals that they perceived as shifting the financial burden away from wealthy nations. The developing coun...

At the COP29 climate conference, UK Prime Minister Keir Starmer announced a new goal to cut greenhouse gas emissions by 81% of 1990 levels by 2035. This ambitious target builds on the UK's commitment to phasing out coal power and promoting renewable...

India is advocating for accountability, green credit, fair financing, and incremental goals at COP29 in Baku. The nation is urging developed countries to fulfill climate pledges and provide transparent climate finance. While pushing for an equitable...

World leaders are gathering in Baku for COP29, aiming to accelerate global efforts to combat climate change. Key issues include setting a new climate finance goal and finalizing rules for international carbon trading. The US's stance on climate acti...

Prime Minister Narendra Modi and Environment Minister Bhupender Yadav are unlikely to attend the UN climate conference (COP29) in Azerbaijan. India will not have a pavilion at the conference and aims to secure a new climate finance goal and operatio...