As countries are not in a position to finance the removal of CO2 from the atmosphere to the extent required in the future, PIK and KfW are proposing a new financial institution at COP29. CO2 removal is to be integrated into the existing emissions trading system.
By Alexandra Endres
The International Rescue Committee calls on governments to focus climate finance more on "underserved populations" in conflict areas and provide more funding for resilience and prevention.
By Alexandra Endres
Right at the start of the conference, the delegation gets caught up in a dispute over the details of the agenda. On the surface, it is about trade barriers and the question of how finances and CO2 reduction should be negotiated. But below the surface, this is also a showdown.
By Bernhard Pötter
Although the global community decided to move away from fossil fuels at the last climate conference, companies continue to invest tens of billions in the search for new oil and gas fields. Government subsidies for fossil fuels have shot up to well over one trillion US dollars following the war in Ukraine. One positive sign comes from the financial industry.
By Nico Beckert
The DR Congo is a key country for climate protection – and at the same time one of the countries most affected by climate change. A new study shows why climate financing is still sluggish.
By Lucia Weiß
Because his government has failed, Chancellor Olaf Scholz will not be attending COP29 in Baku. Germany traditionally pushes for more climate ambition internationally. However, the German traffic light coalition has fallen short of its own ambitions and failed to implement many reforms.
By Bernhard Pötter
While EU Climate Commissioner Wopke Hoekstra had to go into extra time at his first hearing a year ago, this time he was waved through without any major background noise. This was also due to some clear announcements by the Dutchman.
By Lukas Knigge
The official agenda for COP29 includes major issues such as financing and new climate targets. But there are also a lot of detailed issues that are controversial and important.
By Bernhard Pötter
COP29 is expecting significantly fewer participants than last year's conference. Due to the German government crisis, Chancellor Olaf Scholz has also canceled his trip.
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Rich countries promote fossil fuels with public money. There are considerable differences between countries.
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