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?
Israel drives Hezbollah fighters from tunnels on Ali al-Taher ridge in Lebanon
Israeli army has seized Lebanon’s key Ali al-Taher ridge from Hezbollah, clearing tunnels previously used by fighters.
The era of American dominance is over in Europe
Europe and the United States are not aligned as before, this comes on the same days and the Netherlands moves 127 tonnes of Gold from