Baku’s COP29 legacy: a new era in climate finance or too little, too late?
Several delegates stressed the significance of having reached an agreement and making progress in “difficult geopolitical times”.
Like many before it, the 29th edition of the United Nations Conference on Climate Change needed extra time for an overall agreement to be reached.
In the early hours of Sunday, exhausted delegates in Baku finally reached a compromise on the most crucial issue of COP29: a new climate financing framework. The UN Climate Change Executive Secretary Simon Stiell called it an “insurance policy for humanity”, adding that “like any insurance policy, it only works if premiums are paid in full and on time. Promises must be kept to protect billions of lives.”
Baku’s COP29 legacy: a new era in climate finance or too little, too late?
Gunman opens fire in Kraków market square killing six and injuring fifteen
What’s going on?
A gunman opened fire in Kraków’s main square, resulting in six fatalities and multiple injuries. Polish authorities are investigating the incident
Paraguay’s former president Santiago Pena charged following banking scandal
Former Paraguayan President Santiago Pena has been charged with breach of trust following his impeachment over the Ueno Bank collapse, which left millions without access