home All News open_in_new Read More

I'm glad we got a deal at Cop29 – but western nations stood in the way of a much better one | Mukhtar Babayev

My negotiating team tried in vain to push up support for the global south. Lessons must be learned before the next summit in BrazilMukhtar Babayev is president of the Cop29 UN climate change conferenceChina was willing to offer more in climate finance, says Cop29 presidentNine years after the Paris agreement, and after 11 months of multilateral diplomacy and two weeks of the most intense negotiations at Cop29 in Baku, we have a deal. Under the terms of the Baku breakthrough, the world’s industrialised nations will provide $300bn (£240bn), which, combined with resources from multilateral lending institutions and the private sector will reach $1.3tn in climate financing this year. Cop29 also finalised, after years of failed attempts, a global framework for international carbon markets tra...

today 2 hours ago attach_file Politics
attach_file Society
attach_file Society
attach_file Sport
attach_file Economics
attach_file Sport
attach_file Society
attach_file Economics
attach_file Society
attach_file Sport
attach_file Politics


ID: 25834401
Add Watch Country

arrow_drop_down