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COP29: Urgent Call for Climate Action and Financing
UN Secretary-General warns of worsening climate crisis at COP29, urging increased financial support for developing nations and bolder climate action from developed countries.
English
China
PoliticsClimate ChangeFinanceEnvironmentClimateDevelopment
United NationsUnfcccG20
Antonio GuterresSimon Stiell
- What is the primary goal of COP29 regarding climate financing?
- The key objective of COP29 is to establish a New Collective Quantified Goal for post-2025 climate financing from developed to developing countries, addressing the urgent need for increased financial support to mitigate climate impacts.
- How did Simon Stiell connect climate change with economic impacts?
- Simon Stiell, UNFCCC executive secretary, highlighted that climate impacts are reducing GDP in many countries, causing cost-of-living crises, and stressed that bolder climate action can drive economic opportunities through clean energy and job creation.
- What was the main warning given by UN Secretary-General Antonio Guterres at COP29?
- The UN Secretary-General, Antonio Guterres, warned of a grim global warming situation at COP29 in Baku, Azerbaijan, urging developed countries to increase support for developing nations disproportionately affected by climate change.
- What emission reduction targets were set by Guterres to limit global temperature rise?
- Guterres emphasized the need for a 9 percent annual reduction in global emissions, aiming for a 43 percent decrease by 2030 compared to 2019 levels, advocating for tripling renewable energy capacity and doubling energy efficiency by 2030.
- What is the financial commitment expected from developed countries regarding climate adaptation?
- Developed countries are urged to fulfill their promise of doubling climate adaptation financing to $40 billion annually by 2025, as the gap between adaptation needs and financing could reach $359 billion annually by 2030, hindering efforts in developing nations.