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Macedonia Seeks Funding for Coal Phaseout at COP29

North Macedonia seeks financial aid at COP29 to transition away from coal, while global negotiations face challenges concerning funding and commitment to climate action.

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Macedonian

Germany

International RelationsClimate ChangeFinanceEnergyCop29

UnInternational Energy AgencyEuEnergy Community

Gordana Siljanovska DavkovaIzet MedjitiSanja BozinovskaDonald TrumpUrsula Von Der Leyen

What is the primary financial goal of COP29?: The goal for COP29 is to secure significantly more funding for climate action than currently pledged. However, distrust remains among vulnerable nations regarding the delivery of promised funds, highlighted by Papua New Guinea's boycott due to a lack of rapid support for climate change victims.
What is North Macedonia's primary goal at COP29?: North Macedonia is attending COP29 in Baku to address the financial and technical support needed for its transition away from coal. The delegation will participate in plenary sessions and bilateral meetings, advocating for increased funding to aid developing nations in adapting to climate change.
What are some of the challenges facing COP29 negotiations?: The COP29 conference faces challenges, including the potential return of Donald Trump and the withdrawal of the US from the Paris Agreement. The ongoing war in Ukraine and Middle East conflicts also add complexity to the negotiations for securing funding for climate action.
What are North Macedonia's needs and goals regarding its transition away from coal?: While the EU and other developed nations aim to reduce CO2 emissions, North Macedonia, with a small global contribution of 0.02%, requires substantial financial and technical support for its energy transition. Minister Medjiti stresses the need for this support to ensure a just transition for affected communities.
Despite global efforts to reduce fossil fuel use, why does coal consumption remain high?: Despite global efforts, coal use continues to rise, even though the International Energy Agency projects a peak in fossil fuel consumption before 2030. Countries like China, India, and Indonesia continue expanding coal capacity, making it challenging to agree on definitive deadlines for phasing out coal plants.

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