Tag

Mitigation

NCQG adopted: USD 300 billion and a roadmap to Belém

After a dramatic day in Baku, COP29 ended with an agreement on a new climate finance target – known as the NCQG. Industrialized countries are to increase their annual payments to developing countries to USD 300 billion by 2035, but emerging countries will also contribute. This was followed by a hail of criticism.

By Lukas Knigge

COP29: Why emissions reduction is becoming a difficult topic

Normally, the debate on reducing emissions, i.e. mitigation, leads a shadowy existence at the COPs – especially at a financial COP like the one in Baku. But in the end and in light of the climate crisis, many countries are pushing for more serious steps. This is highly controversial.

By Bernhard Pötter

27. Konferenz der Vereinten Nationen zum Klimawandel, COP 27. Staatssekretaerin Jennifer Lee Morgan mit dem Umweltminis

Second COP week: the sticking points

Negotiation week number two begins in Sharm el-Sheikh – and with it, the decisive round: The ministers arrive and the negotiations come to a head, becoming more confrontational. Money is at the center of the discussions.

By Lukas Knigge