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Vol 65 No 24

Published 29th November 2024


Cosplay at the COP29 – a climate finance summit without numbers

By failing to agree on a new cash target, the Baku delegates are acting in character but could break up the UN climate bargaining process

The failure by delegates to agree on the core climate finance target at the Baku summit would risk a breakdown as serious as the collapse of the UN Climate summit in Copenhagen in 2009, Adonia Ayebare, Chairman of the Group of 77 developing countries +China, warned Africa Confidential. As in Baku this year, the COP15 Summit was torn between developing and industrial countries. Then, it was over a binding agreement on greenhouse gas emissions.

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