Poor nations may need to lower climate funding demands at Cop29, says former UN envoy

theguardian.com November 21, 2024, 09:01 PM UTC

At the Cop29 climate summit, poor nations may need to lower their financial demands for climate action. Mary Robinson, a former UN climate envoy, noted that rich countries face budget constraints due to inflation, COVID-19, and the Ukraine war. Currently, rich nations are expected to offer only about $300 billion annually, far less than the $1 trillion needed for developing countries to address climate change. Many poorer nations seek a larger share of this funding from public sources rather than private investments. Negotiations are ongoing, but draft texts released by Azerbaijan have been criticized for lacking crucial financial commitments. The talks may extend into the weekend as developing countries push for more substantial support before potential changes in U.S. leadership.


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Timeline:

  1. [3.8]
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    6h
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  2. [5.1]
    UN climate summit in Azerbaijan ends without financial commitments for developing nations (cbc.ca)
    8h

  3. [5.6]
    Poor nations may need to lower climate funding demands at Cop29, says former UN envoy (theguardian.com)
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  4. [4.9]
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  5. [4.4]
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  6. [5.1]
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  7. [4.5]
    Draft climate funding deal at UN talks lacks financial commitments for developing nations (gazette.com)
    12h
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  8. [5.5]
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    15h

  9. [5.3]
    Nations criticize vague climate finance draft at UN talks in Baku (regina.ctvnews.ca)
    17h

  10. [4.8]
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  11. [4.6]
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    17h
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  12. [5.1]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    18h

  13. [4.5]
    EU climate chief criticizes COP29 draft text as unacceptable over funding disputes (dw.com)
    18h
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  14. [4.0]
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    19h
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  15. [5.4]
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    19h

  16. [3.9]
    UK urges strong action on fossil fuel phase-out as tensions rise at Cop29 (standard.co.uk)
    19h
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  17. [4.4]
    Nations criticize vague climate funding draft at UN talks in Baku (gazette.com)
    19h
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  18. [5.1]
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  19. [4.3]
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  20. [4.6]
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  21. [5.1]
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  22. [4.5]
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  23. [4.8]
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    23h
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  24. [5.3]
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    1d 1h

  25. [4.7]
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    1d 9h
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  26. [4.9]
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    1d 9h
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  27. [4.7]
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    1d 11h
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  28. [5.0]
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    1d 12h

  29. [4.8]
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    1d 12h
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  30. [4.4]
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    1d 15h
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  31. [3.6]
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    1d 19h
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  32. [4.6]
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    1d 20h
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  33. [5.0]
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    1d 20h

  34. [3.7]
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    1d 21h
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  35. [4.0]
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    1d 22h
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  36. [3.8]
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  37. [4.8]
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    1d 23h
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  38. [4.2]
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    1d 23h
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  39. [3.3]
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    1d 23h
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  40. [4.7]
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    1d 23h
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  41. [5.4]
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  42. [5.4]
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