COP28

COP28 President calls on parties to implement UAE Consensus

Sultan bin Ahmed Al Jaber, UAE's Minister of Industry and Advanced Technology and COP28 President, today called on nations to once again "unite, act and deliver" at COP29 in Baku to build on the mandate of last year's historic UAE Consensus, which represents the "road back to Paris". The UAE Consensus "represents the defining roadmap for achieving the ambition of the Paris Agreement," Al Jaber said in an address at the opening session of Pre-COP. "As we gather against a backdrop of continuing g...

September 17, 2024 11:20 AM

COP29 leaders unveil climate funding and energy storage goals

Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its plans on Tuesday for what it hoped to achieve, as countries continue to wrestle with how to raise ambitions for a new financing target. The main task for the November summit is for countries to agree on a new annual target for funding that wealthy countries will pay to help poorer nations cope with climate change. Many developing countries say they cannot upgrade their targets to cut e...