COP29 Delivers a mixed bag: A boost for climate finance, but challenges remain The UN climate conference (COP29) in Baku, Azerbaijan, wrapped up with a hard-fought agreement on climate finance. Key points: - Tripling finance to developing countries from $100 billion to $300 billion annually by 2035.
- Aiming to scale up finance to $1.3 trillion per year by 2035 from public and private sources.
A deal to advance a UN-governed global carbon market was also signed off early in the conference to fund projects cutting greenhouse gas emissions. | | | Negotiations, frustrations The final week was marked by intense negotiations and frustration. Civil society groups and developing nations were disappointed with the funding pledges from wealthier countries. Reacting to the outcome, UN Secretary-General António Guterres said, "I had hoped for a more ambitious outcome – on both finance and mitigation – to meet the great challenge we face. But this agreement provides a base on which to build." Focusing on the step forward the outcome represents, UN Climate Change Executive Secretary Simon Stiell said, "It has been a difficult journey, but we have delivered a deal. This new finance goal is an insurance policy for humanity amid worsening climate impacts hitting every country, but like any insurance policy, it only works if premiums are paid in full and on time." A major issue now will be deciding who pays what. The list of richer countries responsible, drawn up in 2002, is outdated. Countries like China and India have since developed rapidly and increased their emissions. There are also questions about how the funds will be distributed and ensuring accountability. Some developed nations argued that these rapidly developing countries should also contribute. | | | The Road Ahead The next major milestone in the global climate effort is the Fourth International Conference on Financing for Development, scheduled for June 2025 in Seville, Spain. This event will focus on mobilizing financial resources to achieve the Sustainable Development Goals, with climate finance as a key component. Meanwhile, COP30, to be held in Belem, Brazil, in 2025, will be a crucial moment for countries to strengthen their national climate action plans and accelerate the transition to a low-carbon economy. The conference will place a strong emphasis on reducing greenhouse gas emissions and promoting clean energy technologies. To learn about how the pervasive issue of climate disinformation is being addressed, check out our 'Featured Story' section below. | | | The UN News teams in Baku and at Headquarters in New York provided detailed coverage of the multiple events that took place at COP29, world's digest climate conference that brought together nearly 200 countries in Baku, Azerbaijan. To catch up on the events of the past week, here is our in-depth coverage of COP29 through news articles, blogs, interviews, videos and more. Everything is available on our page. | | | Decisive fifth session of negotiations on a global plastic pollution treaty opens in Busan | |  | Talks begin in South Korea to clinch 'essential' deal on plastics pollution
The fifth session of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution, including in the marine environment (INC-5), begins on 25 November in Busan, Republic of Korea. Read more |  | 10 things you didn't know contained plastics Plastic is in more places than we realize. While we're all aware of the usual suspects, such as bags, bottles or straws, many everyday things quietly contain this material. Click here to find out 10 unexpected items and settings where plastic is hiding in plain sight. | | | What is the Plastics Treaty? | |  | | Venezuelan influencer and TV host Patricia Zavala interviews Jyoti Mother-Filipp, who is at the forefront of the treaty to end plastic pollution. With two-thirds of all single-use and short-lived plastics ending up as pollution in the environment, all of society is needed to ensure an agreement will be made and to hold governments accountable to implement the treaty. | | | Featured story:
New UN initiative aims to counter climate disinformation | | As the dangers posed by climate change become increasingly evident worldwide, the need for reliable and accurate information on the impact of the environmental crisis is more crucial than ever. To address this, the United Nations, together with the Organization's education and science agency, UNESCO and the Brazilian government, launched the Global Initiative for Information Integrity on Climate Change on Tuesday. The joint effort announced at the G20 Leaders' Summit in Brazil aims to strengthen research and measures to address all disinformation which has the effect of delaying or derailing climate action. | | Our flagship programme The Lid Is On captures key developments at the second and final week of COP29, what was achieved, and what comes next. On this episode, we're going to take you through the outcome of COP29, the UN Climate Conference in Baku, Azerbaijan, which did see an increase in the amount of money committed to climate finance, in other words the money spent on helping developing countries to adapt to the crisis. Was it enough? And what will mean for the fight against the climate crisis? | | |
What's up with climate:
UN News stories
| | Colombian conflict survivors turn forest heroes in search of climate change solutions "What do I want the river to carry away? The deforestation," Sandra Donado says, her voice competing with the sudden storm lashing her canoe as it floats down the Guaviare River in Colombia's Amazon biome region.
Read more | | | Preparing for climate chaos in Timor-Leste, one of the world's most vulnerable nations Timor-Leste, a young island nation in Southeast Asia, is particularly vulnerable to the ravages of the climate crisis. A combination of technology, community knowledge and UN support could help to ensure that casualties and damage are kept to a minimum, the next time extreme weather hits. Read more | | | | Exclusive Interview:
Jemimah Njuki, Chief of the Economic Empowerment section at UN Women | |  | | Jemimah Njuki, Chief, Economic Empowerment section, UN Women told
UN News:
"We have made progress. Roughly four-in-five Parties to the UNFCCC mention gender equality in their Nationally Determined Contributions. It however remains unclear whether the associated policies, budgets and implementation are gender responsive. And the impacts on women's and girls' resilience are largely unknown. All the data we have and all the voices we hear tell us the same thing: that climate action must be feminist." | | | We encourage you to forward and share this content – and to sign up if you haven't yet. | | | | G20 Summit: UN Secretary-General Antonio Guterres speaks at the G20 Summit taking place in Rio de Janeiro, Brazil | |  | | In a powerful appeal to the world's largest economies during the G20 Summit, UN Secretary-General António Guterres called for urgent climate action and reform of international institutions, warning that current systems are failing to meet global challenges.
The UN chief challenged G20 nations to overhaul what he termed an "outdated and unfair" international financial architecture. | | | Featured Video: COP 29 wraps up! | | Featured from UN agencies and partners | |  | "If Only I Could Go Solar" Crowdfunding promotes renewable energy in Mongolia: With an average of 250 sunny days per year, Mongolia has tremendous untapped potential for solar energy. UNDP Mongolia's Accelerator Lab (A-Lab) is seizing this opportunity with a groundbreaking crowdfunding campaign: "If Only I Could Go Solar." Read the full story here. | | |
Flagship Reports from the UN
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Upcoming climate conferences | | | | | | | Climate Dictionary - Nature Edition | | Climate change is the defining issue of our times. Every day, more and more people are getting involved in climate action. But if you are new to the discussion, it can be quite challenging to grasp some specific terms and concepts at once. That's why the UN Development Programme (UNDP) Climate Promise have put together the Climate Dictionary. This year they have added this new Nature Edition. | | |
Fight Mis- and Disinformation
| |  | | Climate change is a hot topic – with myths and falsehoods circulating widely. Find some essential facts in this Myth Busters section. Share them, use them and talk about them to help counter mis- and disinformation and build support for urgent action.
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