Thursday, 3 April 2025

Spotlight: COP29

The 2024 United Nations Climate Change Conference will be held in Baku, Azerbaijan November 11 to 22. This is the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), commonly known as COP29. Mukhtar Babayev will preside over COP29; Samir Nuriyev heads the Organising Committee.

Smoke billows during a wild fire, in Leiria, Portugal July 13, 2022. REUTERS/Rodrigo Antunes/File Photo
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As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there

COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.

A man in formal wear stands at a podium, giving a speech.
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UK joins coalition to phase out fossil fuel subsidies

The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, dressed in formal wear, speaking while seated at a desk.
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COP29 talks buoyed by G20 support but fears stoked over fossil fuels backsliding

The G20's support for a strong finance deal at COP29 was welcomed, but concerns arose over fossil fuel commitments.

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
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Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

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Carbon Brief on COP29: Six key reasons why international climate finance is a ‘wild west’

Carbon Brief: Climate finance has long been plagued by accusations of poor transparency. Much stems from a lack of consensus on what counts.

Activists holding signs participate in a demonstration for transforming food systems at the COP29 U.N. Climate Summit on Tuesday, Nov. 19, 2024, in Baku, Azerbaijan.
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At UN climate talks, farmers argue for a share of money dedicated to fighting climate change

Small farmers receive less than 1% of climate finance, yet they feed millions and face growing threats from climate change.

Activists holding signs reading 'Pay Up' demand action on climate funding.
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Negotiators seek to break COP29 impasse after G20 ‘marching orders’

Negotiators push to resolve deadlock at U.N. climate talks after G20 backs trillions of dollars for poorer nations.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, speaks during an interview with The Associated Press at the COP29 U.N. Climate Summit, Tuesday, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
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Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.

There are plans to decarbonise the electricity grid by 2030 (PA)
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UK govt launches competition to find AI solutions to boost clean energy

A competition to find innovative new solutions to how artificial intelligence can be used to help boost clean energy has been opened by...

Earth's oceans, forests and soil absorb carbon dioxide, meaning they play a crucial role in efforts to fight climate change (AFP)
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‘Vague’ net zero rules threaten climate targets, scientists warn

Scientists urge nations to exclude natural carbon sinks in net-zero plans to avoid exceeding warming targets, risking over 1.5°C.

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