COP29 Outcomes: Fallouts, Finance, Fossils, An Uncertain Future

Back from Baku, Meenakshi Raman, the President of Sahabat Alam Malaysia and the Head of Programmes at the Third World Network, fills us in on what went down at the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change - COP29 - which finished more than 35 hours in overtime, but still left many delegates unhappy, especially from the developing nations. We discuss the outcomes related to climate finance, especially how the decision to adopt a new collective quantified goal on finance was bulldozed through at the closing plenary of COP29, despite a lack of consensus. We also discuss outcomes related to fossil fuel transition and Global Stocktake, COP29’s presidency and governance, and also the broader challenges that remain, as we look forward to COP30 in Brazil in 2025.

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