UN CLIMATE NEGOTIATIONS
COP29: India says climate deal falls short 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...
25 Nov, 2024, 12.04 AM ISTToo little, too distant! India rejects USD 300 bn climate finance package for Global South India rejected the new climate finance package of USD 300 billion annually by 2035 for developing nations, deeming it "too little, too distant." India argued that the amount falls short of the USD 1.3 trillion needed annually by 2030 and called the ...
24 Nov, 2024, 06.47 AM ISTWorld reaches $300 bn climate finance deal at COP29 Developing nations have criticized a climate deal that pledges $300 billion annually from wealthy countries as insufficient to address the escalating climate crisis. The agreement, reached after intense negotiations in Azerbaijan, aims to support de...
24 Nov, 2024, 06.39 AM IST
Tension boils over at COP29; two blocs of vulnerable nations leave negotiations meeting room mid-way Negotiations at the UN climate conference in Baku hit a roadblock as vulnerable nations, including LDCs and AOSIS, walked out over disagreements on climate finance. They criticized the draft agreement for inadequate financial commitments from develo...
23 Nov, 2024, 09.55 PM ISTWealthy countries' $300 billion offer seeks to end COP29 stalemate Wealthy nations at COP29 have increased their climate finance offer to developing countries to $300 billion annually by 2035. This follows criticism of an initial $250 billion proposal as insufficient. Developing nations, however, are pushing for $3...
23 Nov, 2024, 07.18 PM 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 ISTWhere's the money? Leaders at climate summit debate trillion-dollar question At the Qurultay assembly in Baku, nations expressed dissatisfaction with draft climate finance texts. Backroom talks are underway, with the EU and China taking the lead as the US prepares to exit the Paris Agreement. A key sticking point is getting ...
22 Nov, 2024, 12.21 AM ISTNew COP29 proposal shows wide gap persists on climate funding deal Negotiations at the COP29 climate summit in Baku are struggling to reach a consensus on financial aid for developing nations facing climate change. A new draft proposal highlights the divide between developed and developing countries on the annual f...
21 Nov, 2024, 10.53 AM ISTCOP29: 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 ISTCOP29 climate talks enter final stretch: What happens next? Marathon climate talks in Azerbaijan entered their final stage, with officials working to finalize agreements on climate finance, fossil fuels, and carbon markets. A key goal is to set a new funding target for developing nations, with debates ongoin...
20 Nov, 2024, 12.36 PM ISTAzerbaijan calls for global cooperation as COP29 talks enter second week At COP29 in Baku, Azerbaijan urged nearly 200 countries to deliver ambitious climate outcomes, emphasizing the urgency of the situation. Frustrations over slow progress on emission reduction and financing, particularly from developed nations, were v...
19 Nov, 2024, 05.40 PM ISTG20 role in climate finance critical: UN body chief Ahead of the G20 summit in Rio de Janeiro, UN climate chief Simon Stiell urged world leaders to prioritize climate action and increase financial support for developing countries. Stiell emphasized the urgency of the situation as negotiators in Baku ...
17 Nov, 2024, 06.45 AM ISTUN climate process needs urgent overhaul: Experts A group of prominent figures, including Ban Ki-moon and Christiana Figueres, are urging a major overhaul of the UN climate process. They argue that while 28 COPs have established policy frameworks, the process needs to shift from negotiation to impl...
17 Nov, 2024, 12.46 AM ISTProtesters gather at UN climate talks in global day of action as progress on a deal slows Hundreds of activists gathered at the UN climate summit in Baku, demanding increased financial support for developing nations facing climate change impacts. While negotiators work towards a financial agreement, progress remains slow, leaving activis...
16 Nov, 2024, 06.16 PM ISTGlobal climate leaders call for urgent overhaul of UN climate talks process, saying it needs shift from negotiation to implementation16 Nov, 2024, 03.28 PM IST As 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 ISTIndia demands $1.3 tn for developing countries, says NCQG can't be 'investment goal' At the UN climate conference, India urged developed nations to commit at least USD 1.3 trillion annually until 2030 to aid developing countries in combating climate change. They emphasized that this support should be provided as grants and concessio...
14 Nov, 2024, 10.22 PM ISTCOP29 climate talks grapple with trillion-dollar task At the UN climate talks in Baku, economists urged developing nations need at least $1 trillion annually by 2030 to combat climate change. The conference, already fraught with diplomatic tensions, aims to establish a new financing target for wealthie...
14 Nov, 2024, 06.00 PM ISTWho are the key voices at the COP29 climate summit in Baku? The summit is scheduled to start on November 11 in Baku, Azerbaijan and nearly 200 countries are expected to gather in that week.
10 Nov, 2024, 10.23 AM ISTIn Baku, will climate action trump a defiant prez-elect? As negotiators gather in Baku for COP29, the impact of Donald Trump's election on climate finance takes center stage. Trump's anticipated withdrawal from the Paris Agreement casts a shadow, with the US delegation expected to negotiate for future re-...
10 Nov, 2024, 05.30 AM IST