9 hours ago Cop29 live: rich nations to raise climate finance offer to $300bn as Thunberg warns summit ‘about to agree to death sentence’

The talks in Azerbaijan have seen nations at odds over how much money developed countries should provide to poorer onesMarching in silence with their arms crossed high, activists from around the world protested the draft deal at the Cop29 venue last night.“Pay up or shut up!” the campaign group Demand Climate Justice said in a post on social media. Continue reading...

Events

26 hours ago Cop 29: new draft text criticised as ‘totally unacceptable and inadequate’ – as it happened

Text ‘decides’ on $250bn for developing countries by 2035 – but faces criticism from African Group of NegotiatorsA new text of the Cop29 deal has yet to emerge, but civil society activists have not given up hope, reports Damian Carrington, Guardian environment editor.Hilda Nakabuye, 27, from Fridays for Future campaign group in Uganda, said:We are holding on to hope. As a mother I am here to represent my people, my community, but also future generations that we hold close and dear to our hearts and why we are all in this fight. The ones least responsible for climate change undergo its worst effects.We know what power we hold: the power to act. We are in an emergency. This COP is all about the money, but communities on the ground are not seeing the money. When the climate hits we need to...

Politics

27 hours ago Cop 29 live: new draft text criticised as ‘totally unacceptable and inadequate’

Text ‘decides’ on $250bn for developing countries by 2035 – but faces criticism from African Group of NegotiatorsA new text of the Cop29 deal has yet to emerge, but civil society activists have not given up hope, reports Damian Carrington, Guardian environment editor.Hilda Nakabuye, 27, from Fridays for Future campaign group in Uganda, said:We are holding on to hope. As a mother I am here to represent my people, my community, but also future generations that we hold close and dear to our hearts and why we are all in this fight. The ones least responsible for climate change undergo its worst effects.We know what power we hold: the power to act. We are in an emergency. This COP is all about the money, but communities on the ground are not seeing the money. When the climate hits we need to...

Politics

30 hours ago Cop29: $250bn climate finance offer from rich world an insult, critics say

Draft text under fire as poor nations wanted more of the money to come directly from developed countriesCop29 climate summit – live updatesDeveloping countries have reacted angrily to an offer of $250bn in finance from the rich world – considerably less than they are demanding – to help them tackle the climate crisis.The offer was contained in the draft text of an agreement published on Friday afternoon at the Cop29 climate summit in Azerbaijan, where talks are likely to carry on past a 6pm deadline. Continue reading...

Economics

35 hours ago Cop 29 live: Poor countries may have to compromise on climate funding, says former UN envoy

Negotiations continue amid disputes over climate finance goals and previous commitments on transitioning from fossil fuelsHopes of a breakthrough at the deadlocked UN climate talks have been dashed after a new draft of a possible deal was condemned by rich and poor countries, write Guardian reporters in Baku.Faith in the ability of the Azerbaijan presidency to produce a deal ebbed on Thursday morning, as the draft texts were criticised as inadequate and providing no “landing ground” for a compromise. Continue reading...

Society