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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.

Analysis Biodiversity Climate Climate Finance Economy Emissions Environment Politics United 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.

By Josh Gabbatiss4 Dec 2024Carbon Brief

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)

Analysis Climate Climate Finance Emissions Environment Indigenous Politics United Nations

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.

By Seth Borenstein19 Nov 2024The Associated Press

FILE PHOTO: Climate activists protest against fossil fuels at Dubai's Expo City during the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, December 12, 2023. REUTERS/Thomas Mukoya/File Photo

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G7 vows to drop fossil fuels faster, but activists unimpressed

G7 leaders will commit to accelerating transition away from fossil fuels, according to a draft statement to be issued at the end of...

By Crispian Balmer14 Jun 2024Reuters