COP29: What are the key issues at the UN climate summit in Baku?
The Hindu
This month’s U.N. climate summit - COP29 in Baku, Azerbaijan - has been dubbed the “climate finance COP” for its central goal: to agree on how much money should go each year to helping developing countries cope with climate-related costs.
This month's U.N. climate summit - COP29 in Baku, Azerbaijan - has been dubbed the "climate finance COP" for its central goal: to agree on how much money should go each year to helping developing countries cope with climate-related costs.
That discussion could be tough following Tuesday's re-election of former U.S. President Donald Trump, a climate denier whose campaign vowed to remove the top historic greenhouse gas emitter and leading oil and gas producer from the landmark 2015 Paris Agreement to fight climate change for a second time.
COP29 delegates will also be looking to advance other deals made at previous summits.
Here are some of the top agenda items for the Nov. 11-22 summit.
The acronym dominating this year's summit is NCQG - which stands for the New Collective Quantified Goal.
That refers to the new annual climate financing target, which is meant to kick in when the current $100 billion pledge expires at the end of this year.
Wealthy nations have only sometimes met that annual goal since 2020, leading to growing mistrust among the world's climate-vulnerable nations.
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