COP29 Stepped Forward Yet Much More Needed

Anil Pratap Singh

IMG

The 29th Conference of the Parties (COP 29) to the United Nations Framework Convention on Climate Change (UNFCCC) was held from 11-22 November 2024 in Baku, the capital city of Azerbaijan. The COP29 was the second largest COP after COP28, held last year in Dubai, UAE. Noticeably, reaching a significant agreement on climate finance took more than 35 hours beyond its scheduled closure time on 22 November 2024.

The conference concluded on 24 November 2024, with representatives from nearly 200 countries agreeing to increase annual climate finance for developing nations from the previous target of $100 billion to a new goal of $300 billion by 2035. Since 11 November 2024, COP29 had many high-level events and thematic days on critical climate issues. However, it was deemed as a finance COP, which not only…read more on NOPR