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New draft texts: $250 billion and a back door

New draft texts from the COP29 presidency landed in Baku on Friday afternoon. For the first time, the quantum of climate financing was quantified and the expanded donor base was also formulated. But, as we all know, the devil is in the detail.

Von Nico Beckert

Feature

COP29: How the Baku deal could change climate geopolitics

The industrialized countries and the major emerging economies are delighted with the Presidency's first proposal for the final texts of COP29. The poorer countries are up in arms. The deal could reorganize the existing fronts in climate policy.

Von Bernhard Pötter

Dessert

Von Markus Bickel