United Nations Climate Summit

September 25, 2024 5:52 PM

Azerbaijan offers to fund climate-vulnerable islands’ delegates at COP29, source says

The government of Azerbaijan, host of this year's COP29 U.N. climate summit, has offered to cover the costs for negotiators from climate-vulnerable small islands to attend the event. At the United Nations climate summit in November, countries are due to set a new target for funding to help poorer countries cope with climate change - a topic with direct consequences for island nations highly exposed to rising sea levels. Baku has offered to fund the travel, hotel and all other costs for four de...

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...