independent.co.uk
COP29: Climate Finance and Uncertainty
COP29 in Baku faces challenges from a climate-denying US president and host nation's fossil fuel interests, but must still secure climate finance and address global emission reduction.
English
United Kingdom
PoliticsClimate ChangeUkEnergy SecurityEnvironmentEnergyClimateSummit
World Resources Institute (Wri)Christian AidWwf InternationalOil Change InternationalFriends Of The Earth
Donald TrumpAni DasguptaMariana PaoliJohn PodestaSir Keir Starmer
- What is the main goal of the COP29 summit in Baku?
- The COP29 summit in Baku, Azerbaijan, aims to secure global commitment for climate action funding, a contentious issue between rich and developing nations.
- What are some of the challenges facing the COP29 summit?
- Challenges facing COP29 include concerns about Azerbaijan's alleged promotion of fossil fuel deals and the US's uncertain role under President Trump's climate denial stance.
- Besides finance, what other key issues will be discussed at COP29?
- Beyond finance, COP29 will address the global transition from fossil fuels, despite continued growth in fossil fuel investments and emissions, and establish frameworks for international carbon markets.
- Why is climate finance so crucial for achieving future climate goals?
- Experts emphasize the critical role of finance in achieving future climate targets, with calls for substantial public funding in the trillions to address mitigation, adaptation, and loss and damage.
- How might the absence of key world leaders affect the outcome of COP29?
- The absence of key leaders, including from the US, EU, and other nations, raises concerns about the summit's effectiveness, although some believe the energy transition is inevitable regardless of political shifts.