BAKU CONFERENCE
At COP29, climate progress takes one step forward, two steps back 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.
23 Nov, 2024, 11.08 AM ISTBaku climate talks: The 'X' factor that could determine future of Global South 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...
22 Nov, 2024, 10.57 AM ISTCOP29: Rich nations oppose but developing world sticks to $1.3tn/year demand 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...
21 Nov, 2024, 09.54 AM IST
COP29: Final 48 hours, finance COP face rocky finale 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...
20 Nov, 2024, 11.16 PM ISTHow developing is your country? 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...
20 Nov, 2024, 11.15 PM ISTG20 Summit in Brazil falls short on climate finance resolution; fails to lift spirits at COP29 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,...
19 Nov, 2024, 11.22 PM ISTCOP29 looks at G20 outcome to get a breakthrough on climate finance 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...
19 Nov, 2024, 10.04 AM ISTEU softens stand on major sticking point in Baku climate talks 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.
19 Nov, 2024, 09.59 AM ISTCOP29: Activists urge West to deliver trillions in climate finance 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...
16 Nov, 2024, 11.17 PM ISTOver 1,700 fossil fuel lobbyists given access to COP29, list includes 24 from India 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...
16 Nov, 2024, 09.57 AM ISTAs mediators struggle to find common ground, experts say UN Climate Summit needs reform 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...
16 Nov, 2024, 12.36 AM ISTKey Eurasian states take a major step on green energy at Baku COP 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...
14 Nov, 2024, 11.01 AM ISTBaku climate meet returns to big question: Who pays? 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...
13 Nov, 2024, 11.33 PM ISTCOP29 kicks off in Baku with focus on finance, trade: All you need to know The UN's COP29 climate summit commenced in Baku, Azerbaijan, with nearly 200 countries convening to address urgent climate concerns. Key agenda items include establishing a new climate finance fund for developing nations, potentially reaching $1 tri...
13 Nov, 2024, 09.44 AM ISTUK vows to cut greenhouse gas emissions by 81% on 1990 levels by 2035 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...
12 Nov, 2024, 08.19 PM ISTIndia to push for accountability, fair financing, green credit at COP29: delegates 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...
11 Nov, 2024, 05.56 PM ISTWorld leaders descend on Baku to tackle climate change 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...
10 Nov, 2024, 11.20 PM ISTIndia heads to COP29 with red lines tied to Paris Pact India is gearing up for COP29 with a firm stance on climate finance, urging developed nations to fulfill their commitments. The nation is set to advocate for new, grant-based funding mechanisms and resist pressure to restrict investments in coal-bas...
08 Nov, 2024, 12.49 AM ISTPM Modi, environment minister unlikely to attend UN climate summit in Baku 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...
07 Nov, 2024, 07.12 PM ISTDon clouds hang over next week's Baku climate conference Donald Trump's return as US President will impact the upcoming COP29 climate summit. The US may withdraw from the Paris Agreement again. The US is also expected to resist climate finance commitments. This could create challenges for nations like Ind...
06 Nov, 2024, 11.26 PM IST