Baku talks heat up: New climate finance deal, urban challenges in COP29 spotlight

This article is published in association with United Nations. As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates on Wednesday are eagerly awaiting updates on the progress of negotiations regarding a new climate finance target. Meanwhile, high-level discussions also continued, with a focus on key issues such as urbanization, transport, and tourism. […]

COP29: Circular economy investments deliver social, economic and environmental benefits

This article is brought to you in association with EBRD. At the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Multilateral Development Banks (MDBs) presented their first joint report on the circular economy: “The circular economy in motion”. The report presents 20 detailed case studies from around the world and a variety of areas ranging […]

COP29 gets boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’

This article is published in association with United Nations. The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders meeting in Rio sent a clear signal to negotiating teams at stalled UN climate talks in Baku on the need to rapidly and substantially ‘scale up climate finance from billions to trillions from […]

COP29 gets boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’

This article is published in association with United Nations. The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders meeting in Rio sent a clear signal to negotiating teams at stalled UN climate talks in Baku on the need to rapidly and substantially ‘scale up climate finance from billions to trillions from […]

Opening remarks by Commissioner Hoekstra at the first COP29 EU press conference, together with the Hungarian Presidency

This article is brought to you in association with the European Commission. “Check against delivery” Thank you, Ladies and gentlemen,   Truly happy to be here for my second COP as EU chief negotiator.   I am intimately familiar with the fact that at the start of the second week, we have the moment where many of you […]

COP29: MEPs want all countries to contribute financially to climate action

This article is published in association with European Investment Bank.

This article is published in association with United Nations. Parliament adopted its demands for the UN Climate Change Conference COP29, which aims to define a new collective goal for financing climate action. The resolution, prepared by the Committee on the Environment, Public Health and Food Safety, and approved on Thursday with 429 votes in favour, 183 […]

COP29: ‘Now is the time to fast-track, not backtrack’ on the path to net-zero

This article is published in association with United Nations. Meeting on Thursday with non-governmental entities in Baku for the COP29 climate talks, UN Secretary-General António Guterres highlighted the crucial role that cities, regions, businesses and financial institutions must play in driving the worldwide effort towards reaching net-zero emissions by mid-century. “We need a massive global effort […]

COP29 climate talks: Major emitters must right ‘colossal injustice’ on island nations, says UN chief

This article is published in association with United Nations. COP29 talks in Baku on Wednesday turned to small island nations facing an existential threat from our warming planet, as UN Secretary-General António Guterres insisted that they “deserve support to deal with a crisis [that they] have done next to nothing to create”.  “You have every right […]

COP29: Energy transition must not trigger a ‘stampede of greed’ that crushes the poor

This article is published in association with United Nations. Climate talks at COP29 in Baku on Wednesday turned to the pressing issue of how to manage the demand for minerals essential to producing electric vehicles and solar panels without triggering a “stampede of greed” that exploits local communities and crushes the poor.  “We are here to […]

COP29: Push for agreement on a new climate finance deal ‘right from the start’

This article is published in association with United Nations. Following another year of record-high global heat and extreme weather events, UN climate chief Simon Stiell told negotiators at COP29 in Baku that setting an ambitious new climate finance target is crucial for the well-being of all nations, including the wealthiest and most powerful. “Let’s dispense with […]

COP29: Guterres urges countries to ‘get serious’ on loss and damage funding

This article is published in association with United Nations. UN Secretary-General António Guterres called on Tuesday for countries to step up contributions to a financial mechanism to assist developing countries affected by climate change.  Mr. Guterres made the appeal in remarks to a high-level dialogue on loss and damage funding during the COP29 UN climate change […]

At COP29, EIB Group to strengthen international partnerships for global climate action

This article is published in association with European Investment Bank. European Investment Bank (EIB) Group President Nadia Calviño will participate in the United Nations Climate Change Conference (COP29) taking place in Baku, Azerbaijan from 11 to 22 November 2024. Together with fellow heads of multilateral development banks (MDBs) as well as government and business leaders, President […]

EU to support continued global climate action and push for ambitious finance and investment goals at COP29

This article is brought to you in association with the European Commission. At the COP29 UN Climate Change Conference on 11-22 November in Azerbaijan, the European Union will work with international partnersto deliver on the goals of the Paris Agreement of limiting global average temperature rise to as close as possible to 1.5C. Climate change continues […]

COP29: MEPs set out their vision ahead of this year’s global climate talks

This article is published in association with European Investment Bank.

This article is brought to you in association with the European Parliament. On Monday evening, the Committee on the Environment, Public Health and Food Safety adopted its demands for the UN Climate Change Conference COP29. The resolution, adopted with 54 votes in favour, 23 against and four abstentions, calls on all countries to agree on a […]

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