COP29

  • The NEWBrew cans have been a surprise hit with people in Baku, alongside other eco-innovations. Small blue beverage cans sit conspicuously on a counter at the Singapore display inside the sprawling pavilion section of the UN climate talks.  At COP29, they are vying for attention in the space where countries, non-profits and tech companies use…

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  • Climate Finance: Brazil gives UN, rich countries a condition for reaching COP29 goals

    Brazilian chief negotiator – representing next COP host country – told Euronews second Azeri finance bid came too late in summit, leaving doubt over whether deal can be clinched. Brazil has rejected the Azerbaijani presidency’s second attempt at a political deal on climate finance, while civil society groups staged an impromptu protest in Baku in…

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  • Bank earmarks €500m for nature-based solutions to attract investors

    A sustainable pension or better banking may be a more effective way of cutting your carbon footprint than not flying. Triodos Bank, based in the Netherlands, recently announced a commitment to invest at least €500 million in nature-based solutions by the end of 2030. It is part of a growing sector of ‘green banks’ whose…

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  • EU unconvinced by COP29 compromise climate finance proposal

    Azerbaijan’s first bid for a climate finance deal has failed to break a stand-off between rich and poor nations, though it says a ‘breakthrough’ is imminent. A keenly-awaited draft agreement on climate finance was immediately deemed inadequate by EU negotiators at COP29 this morning, with campaigners also calling it an “illusion of progress”. “As for…

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  • COP29: Climate finance disagreements still a ‘global problem’

    A fresh draft deal published on Thursday (Nov 21) at the deadlocked COP29 climate talks shows rich and poor countries still divided as time runs out to strike a finance agreement for developing nations. The streamlined text released in Azerbaijan recognises developing countries need a trillion dollars per year to fight global warming, but does not present…

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