Friday, 21 February 2025

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An artistic sculpture featuring two hands with their fingers reaching towards each other. It is in a square outside the entrance to the UN Climate Change Conference Baku (COP 29) in Azerbaijan.
AnalysisBiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsUnited Nations

Analysis: Why the $300B climate-finance goal is even less ambitious than it seems

COP29 faces criticism for relying on minimal new efforts, counting inflation-eroded funds, and including developing-country contributions.

The $300 billion a year pledged by wealthy countries for climate finance at COP29 was slammed as too little, too late (AFP)
ClimateClimate FinanceEconomyEmissionsNewsPolitics

Contentious COP29 deal casts doubt over climate plans

Baku's COP29 was crucial to boosting climate action across huge swathes of the world. It failed to deliver.

Activists participate in a demonstration for climate finance at the COP29 U.N. Climate Summit, Friday, Nov. 22, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
Climate FinanceEmissionsEnvironmentFuelNewsUnited NationsWeather

Here’s what to know about the new funding deal that countries agreed to at UN climate talks

At COP29, rich countries agreed on a climate deal of $300 billion annually by 2035 — here's how they got there.

Activists participate in a demonstration for climate justice at the COP29 U.N. Climate Summit, Thursday, Nov. 21, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
AnalysisClimateClimate FinanceEmissionsEnvironmentPolitics

At COP29, a draft of the deal gives little clarity on climate cash for developing nations

COP29 draft text on climate finance lacks clarity on wealthy nations' contributions, leaving critical issues unresolved amid mounting pressure.

Visitors look at a video about battery-powered ships in the showroom at the headquarters of Chinese EV battery maker CATL in Ningde, Fujian province.
Climate FinanceElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsSolarTradeUnited Nations

As Trump returns, China seizes chance for climate mantle

With Trump expected to take the U.S. out of climate diplomacy, China positions itself as a global climate leader at COP29.

A pumpjack operates in the foreground as wind turbines at the Buckeye Wind Energy wind farm rise in the distance, Monday, Sept. 30, 2024, near Hays, Kan. (AP Photo/Charlie Riedel)
AnalysisCarbon ManagementClimateClimate FinanceEmissionsEnvironmentPoliticsUnited Nations

Trump 2.0 will alter global climate fighting efforts. Will others step up?

A second Trump term could further isolate the U.S. from global climate action, risking setbacks as world powers adapt to fill the void.

Uncertainty around the US election outcome is weighing on climate negotiators ahead of the UN-led COP29 talks in November (AFP)
BusinessClimate FinanceElectionsNewsPolitics

Trump stalks global climate talks as COP29 draws near

Other countries 'holding back' on financial commitments at preliminary talks for COP29, given lack of certainty over Trump and Harris showdown.

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