17 September 2024

COP29 hosts unveil busy programme as main climate agenda stalls

By Redoy K

Azerbaijan, host of COP29, has proposed voluntary initiatives on various topics, including climate finance and emissions reduction, to supplement the main climate negotiations. The host country unveiled over a dozen sideline initiatives, including a proposed fund for developing countries. This comes as formal negotiations on climate finance for developing nations face disagreements. The UN climate summit, scheduled for November, aims to set new climate finance targets, replacing the previous $100 billion annual goal.READ FULL