COP29
COP29 Outcome Falls Short of An Ambitious Goal
After intense negotiations, the final text for the NCQG settled on USD 250 billion annually by 2035 – falling significantly short of the USD 1.3 trillion goal and exposing the gap in wealthy nations’ commitments.
COP 29 Urbanisation Day Outcomes: High-level Programme Launches
COP29's Urbanisation Day addressed how sustainable urban development can mitigate environmental impacts while fostering economic growth. This included a subfocus on tourism and transportation, which both rely on and result from urbanisation. The day's positive outcomes show global consensus on how urbanisation is critical to international climate action.
COP29 Inaugural Digitalisation Day: Charting a New Course
The COP29 Digitalisation Day explored the links between the digital sector and climate change, highlighting the opportunities and risks within their relationship. While parties laid a good foundation for future progress through their ambitious pledges, it is now crucial to build on them.
The COP29 Energy Day: Key Pledges and Highlights
Despite some positive announcements on energy storage and grids, COP29 is shaping up to be yet another conference where the vested interests of the fossil fuel industry would decide the outcome. While there is still time for major developments, the ambition seems to be lacking.
What Is at Stake at the COP29 Climate Finance Negotiations?
Dubbed the "Finance COP," COP29 will focus on closing the gap in global climate funding. Tackling climate change, adapting to its impacts and addressing related damages require substantial financial resources. While global climate investments have risen, much more is needed, especially to support developing economies and the world's least-developed countries.
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