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G20 backs climate finance for developing nations as Cop29 talks begin in Baku

standard.co.uk — November 19, 2024, 01:01 PM UTC

The G20 has expressed support for increased climate finance to help developing countries, coinciding with the start of the UN climate talks, Cop29, in Baku, Azerbaijan. Leaders emphasized the need for a significant financial boost, aiming for $1 trillion annually by 2030. While the G20 reaffirmed its commitment to renewable energy and energy efficiency, it did not mention phasing out fossil fuels, raising concerns about potential backsliding on climate commitments. This omission has drawn criticism from environmental advocates and some negotiators. Negotiations at Cop29 are ongoing, with a framework for a finance deal beginning to take shape. However, hopes for progress on fossil fuel commitments remain low, as some oil-rich nations resist stronger language on transitioning away from fossil fuels.

With a significance score of 5, this news ranks in the top 3% of today's 18253 analyzed articles.

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Timeline:

  1. [4.8]
    COP29 climate finance proposal shows stark divides between rich and developing nations (firstpost.com)
    <1h
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  2. [4.5]
    UN reveals new climate funding options as COP29 negotiations stall in Baku (geo.tv)
    <1h
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  3. [5.3]
    UN releases new proposals on climate finance ahead of COP29 in Azerbaijan (reuters.com)
    2h

    ScoresSource
  4. [4.7]
    Developing nations reject proposals to expand climate funding contributors at COP29 (hindustantimes.com)
    10h
    Source
  5. [4.9]
    Negotiators face deadline for climate funding deal at UN talks in Azerbaijan (castanet.net)
    10h
    Source
  6. [4.7]
    Nations clash over climate finance goals as COP29 deadline approaches (economictimes.indiatimes.com)
    12h
    Source
  7. [5.0]
    Negotiations on climate financing face tough challenges at COP29 (reuters.com)
    13h

    ScoresSource
  8. [4.8]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (thehindu.com)
    13h
    Source
  9. [4.4]
    COP29 talks stall over climate damage funding for developing countries (theconversation.com)
    16h
    Source
  10. [5.6]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (apnews.com)
    18h

    ScoresSource
  11. [3.6]
    COP29 opens in Baku with focus on climate funding and fossil fuel transition (forbes.com)
    20h
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  12. [5.0]
    Developing countries reject donor role in climate finance discussions at COP29 (hindustantimes.com)
    21h

    ScoresSource
  13. [4.6]
    UK steps up at UN climate talks as pressure builds for finance agreement (standard.co.uk)
    21h
    Source
  14. [3.7]
    COP29 climate talks in Baku approach conclusion with key negotiations underway (geo.tv)
    22h
    Source
  15. [3.8]
    COP29 negotiations focus on climate finance and China's role ahead of November 22 deadline (thehindu.com)
    23h
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  16. [4.0]
    COP29 climate talks in Azerbaijan move into final phase as negotiators seek agreements (economictimes.indiatimes.com)
    23h
    Source
  17. [4.7]
    Negotiators face tight deadline for climate funding deal at UN talks in Azerbaijan (independent.co.uk)
    24h
    Source
  18. [3.3]
    COP29 climate talks approach conclusion with key updates expected from Azerbaijan (gazette.com)
    24h
    Source
  19. [4.2]
    Negotiators push for climate deal at COP29 in Baku as deadline approaches (firstpost.com)
    24h
    Source
  20. [5.4]
    Negotiators face tight deadline at UN climate talks in Azerbaijan (clickondetroit.com)
    24h

    ScoresSource
  21. [5.4]
    Negotiators face deadline at UN climate talks in Azerbaijan to secure funding for vulnerable nations (abcnews.go.com)
    24h

    ScoresSource
  22. [4.8]
    Negotiators push for financial deal at UN climate talks in Baku (gazette.com)
    24h
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  23. [4.3]
    COP29 negotiations stall over climate finance target in Baku (inquirer.net)
    1d 8h
    Source
  24. [5.8]
    G20 leaders prioritize climate change and sustainable development at Rio talks (rte.ie)
    1d 8h

    ScoresSource
  25. [4.7]
    G20 boosts optimism for climate finance at Cop29 talks in Azerbaijan (irishtimes.com)
    1d 9h
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  26. [3.8]
    G20 summit drops fossil fuel phase-out commitment in final statement (oilprice.com)
    1d 10h
    Source
  27. [4.4]
    G20 summit in Brazil fails to deliver on climate finance commitments (economictimes.indiatimes.com)
    1d 12h
    Source
  28. [4.5]
    COP29 negotiators seek climate finance deal after G20 meeting in Baku (thepeninsulaqatar.com)
    1d 15h
    Source
  29. [4.3]
    Climate finance highlights key discussions at COP29 (euronews.com)
    1d 17h
    Source
  30. [4.0]
    G20 statement on fossil fuels raises concerns at COP29 climate summit (ft.com)
    1d 17h
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  31. [5.3]
    Nations seek $1.3 trillion for climate change response at UN talks in Baku (gazette.com)
    1d 18h

    ScoresSource
  32. [5.0]
    G20 backs climate finance for developing nations as Cop29 talks begin in Baku (standard.co.uk)
    1d 18h

    ScoresSource
  33. [4.9]
    G20 backs climate finance for developing nations as Cop29 talks begin in Baku (news.yahoo.com)
    1d 18h
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  34. [5.4]
    Developed nations propose $200 to $250 billion climate finance goal at COP29, falling short of developing countries' expectations (hindustantimes.com)
    1d 18h

    ScoresSource
  35. [4.4]
    Azerbaijan urges global cooperation for ambitious climate goals as COP29 enters second week (economictimes.indiatimes.com)
    1d 18h
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  36. [4.2]
    Negotiators work to resolve deadlock at COP29 after G20 climate finance push (sg.news.yahoo.com)
    1d 21h
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  37. [5.2]
    Wealthy nations seek new climate finance strategies at COP29 in Baku (economictimes.indiatimes.com)
    1d 22h

    ScoresSource
  38. [4.4]
    G20 draft communique at COP29 omits fossil fuel transition language (hindustantimes.com)
    1d 23h
    Source