As COP29 enters its sixth day, negotiators release the latest draft text for the new climate finance goal (NCQG). A critical opportunity emerges to secure real climate action through public grants rather than problematic private finance schemes.
Today, At COP29, in the OPEC and the Gas Exporting Countries Forum (GECF) pavilions, activists directly exposed and denounced the presence of the fossil fuel industry at COP29.
As COP29 enters its fifth day in Baku, the stark choice facing negotiators is clear: either deliver real solutions through public grants of at least $1 trillion annually in public funds, or fall back on inadequate private sector mechanisms that...
Our new analysis shows many governments and finance models overstate the role the private sector can play in financing a just energy transition. This is coming to a head with the deadline for a new climate finance goal (NCQG) at...
As Finance Day begins at what's being called the 'Finance COP,' negotiators face a stark choice: deliver public grants at the trillion-dollar scale needed for a just transition away from fossil fuels, or rely on inadequate private sector mechanisms that...
“We fully support Brazil’s call for the COP process to discuss fossil fuel phaseout dates, with rich countries taking the lead, and hope this will be a central tenet of COP30."
"Today’s Action Plan sends an important signal that countries must go further, and agree on an ambitious wider NCQG here in Baku.”
The announcements shared at today’s Summit on Methane will be used to justify selling American LNG to countries around the world under the guise of it being “clean. But phasing out fossil fuels is the only way to reduce climate...
“The UK wants to call itself a climate leader but today Keir Starmer failed to match strong words with a strong plan of action."
Follow along for the most important events, press conferences, and developments on Day 2 of COP29, where negotiations begin amid geopolitical shifts and critical decisions on climate finance, fossil fuel phaseout, and U.S. climate policy.
