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COP29 agreement: culmination of agreement between countries for Baku and Azerbaijan

Pabio November 25, 2024

A climate protester wears a gas mask and protective clothing and holds a model of planet Earth. Their face is covered with a mask where they write: MORE COAL, OIL, GAS FEEDING CLIMATE CHANGE.

Author, Georgina Rannard and Esmée Stallard
Role, BBC climate journalists
Report of In Baku
November 24, 2024, 7:23 p.m. UTC

New information 10 minutes that we do not spend

The richest Kontris do not promise to increase Dia funds to help poor Kontris fight climate change.

Rich countries collect the money they give to poor countries to the tune of a record $300 billion (£238 billion) a year, but developing countries are unhappy with that amount.

It must be said that the tok-tok for COP29 of the United Nations climate summit for Azerbaijan lasted almost 33 hours, and only a small box remains for collapse.

This agreement does not reach the 1.3 trillion dollars demanded by developing countries. The African Group of Negotiators called the final commitment “too little, too late”, while India’s representative dismissed the money as “a small amount”.

But after two weeks of tough negotiations for the Azerbaijani capital, Baku, the poor nations are not opposed to a deal.

The promise of more money must be recognized because developing countries bear the unfair burden of climate change, but also, historically, they contribute the least to climate change.

The head of the UN climate body, Simon Stiell, acknowledges that the deal is far from perfect.

“No kontri gets what they want, and we leave Baku with a mountain of work still to do,” I write as a statement.

They will announce the deal before 03:00 local time on Sunday (23:00 GMT Saturday). As well as $300 billion (£238 billion) per year by 2035, with pledges and efforts to raise $1.3 billion per year from public and private sources by then.

The announcement was accompanied by cheers and applause, but a fiery speech from the Indian broadcast said serious frustration remained.

“The amount they are proposing to mobilize is very poor. There is no chikini money,” Leela Nandan said at the conference.

Alliance of Small Island States President Cedric Schuster said: “Our islands are sinking. How do you expect us to return to the women, men and children of our contrites with this bad affair?

The funds they commit to help poorer countries move away from fossil fuels and invest in renewable energy like wind and solar power.

They also show their commitment to tripling the money intended to prepare countries for climate change. Historically, only 40% of funding available for climate change is dedicated to it.

This year – which is now “virtually certain” to be the hottest on record – has been marked by intense heatwaves and deadly storms.

When US President Donald Trump is elected, we will take office in January and dominate the opening of the tok-tok on November 11th.

Trump is double-minded on the climate issue, I say I will withdraw the United States from the historic Paris agreement which, for 2015, creates a road map for nations to combat climate change.

“Of course we are reducing the title number. Donors from developed countries are very aware that Trump will not pay a cent and they will have to make up the deficit,” Professor Joanna Depledge, an expert on international climate negotiations at the University of Cambridge, told the BBC. .

In reaching this agreement, countries are still committed to working together on climate, but with the largest economy on the planet they are unlikely to play a role, they are doing all they can to achieve the climate target. several billion dollars.

“The long game for COP29 shows the tougher geopolitical terrain the world finds itself in. The result is a flawed compromise between donors and the world’s most vulnerable nations,” said Li Shuo of the think tank Asia Society Policy Institute. I take.

UK Energy Secretary Ed Miliband said the new pledge does not commit the UK to offering more climate finance, but in fact represents a “huge opportunity for UK businesses” to invest in ODA markets.

“Don’t be what we or others want, but a step forward for all of us,” he said.

In return for promises of more money, developed countries, including the United Kingdom and the European Union, want Kontris to make a stronger commitment to reducing the use of fossil fuels.

Despite hopes of a deal for Dubai last year to ‘move away from fossil fuels’ to become strong, the proposed final deal is being repeated again.

For many countries, this is not good enough, and they reject it – so now, next year, they will agree on it next year.

Tori says countries that rely on oil and gas exports fought hard during negotiations to prevent further progress.

“The Arab Group will not accept any text targeting specific sectors, including fossil fuels,” Saudi Arabia’s Albara Tawfiq said at a public meeting earlier this week.

COP29 party delegates, including Juan Carlos Monterrey Gomez, Special Representative for Climate Change, Ministry of Environment of Panama — What we call dis photo, Kontris negotiated for almost two days straight to get the deal done

Several countries will come together with new plans to combat climate change for their own countries.

Prime Minister Keir Starmer has taken climate leadership on the world stage and pledged to cut the UK’s emissions by 81% by 2035, which many see as an ambitious target.

The host country, Azerbaijan, is a controversial choice for climate projects. They say they want to increase gas production by up to a third over the next decade.

Many see Brazil as a better choice to host next year’s climate summit, COP30, for the city of Belém, due to President Lula’s strong commitments to climate change and reducing deforestation in the globally important Amazon rainforest.