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COP29 News Recap: 2024 United Nations Climate Conference Key Takeaways and Everything to Know

November 26, 2024 by Joe Panettieri

Here is more COP29 preview news.

COP29 Preview News: August 2024 Updates

Chris-Bowen
Chris Bowen, minister of climate change and energy, Australia

Funding for Developing Countries?: Countries remain far from agreement on COP29's biggest task: to agree a new funding target to help developing countries cope with climate change, Reuters reported.

Australia: COP29 President Mukhtar Babayev and Australia’s Minister of Climate Change and Energy, Chris Bowen, have met to discuss renewable energy, reducing emissions, and investing in clean industries, News.AZ reported. We don't know if the meeting had any specific outcomes.

European Union: Wopke Hoekstra, the European Union (EU) commissioner for climate action, sees three main goals for COP29, according to a Trend News Agency interview. They include:

Wopke_Hoekstra
Wopke Hoekstra, commissioner for climate action, European Union
  • reaffirm their commitment to transition away from fossil fuels and begin to demonstrate how they are taking steps to do so;
  • agree a new, ambitious and achievable goal for climate finance that brings confidence that the public and private resources will be there to support this transition; and
  • launch an international carbon market under the Paris agreement with rules that deliver environmental integrity, transparency and accountability.

Skipping the Conference?: Numerous businesses plan to either skip or send smaller delegations to COP29, Politico reported, wary of the event’s location and logistics, the oil-evangelizing autocratic regime running it, and the prospect of Donald Trump winning the U.S. presidential election just days before the November 2024 summit begins. 

COP29 Preview News: July 2024 Updates

New Climate Fund: Azerbaijan will launch a new climate fund that will aim to mobilize $1 billion to support developing countries' new national climate targets, Reuters said.

Call for Compromises:  The hosts of this year's UN climate summit urged governments to start compromising to break a deadlock over how to help poorer countries tackle global warming, Barron's reported.

United Kingdom: Ed Miliband is to take personal control of the UK’s negotiations at COP29 international climate talks, in stark contrast to his Tory predecessors, The Guardian reported.

Fossil-Fuel Policy and Green Funding: Azerbaijan has scrapped plans to propose a levy on fossil-fuel producers to raise climate-change funding, Reuters reported. Instead, Azerbaijan at the summit aims to launch a new fund for green investments in poorer countries, the report said.

Human Rights: Amnesty International is calling on the United Nations and Azerbaijan to publish a Host Country Agreement that guarantees human rights safeguards for COP29 attendees.

Host Country Strategy: Azerbaijan will upgrade its national emissions-cutting target ahead of the COP29 conference, Reuters said.

COP29 Preview News: June 2024 Updates

Money for Developing Nations? Ahead of the conference, the biggest fights involve how to allocate trillions of dollars from developed nations to emerging markets — and how China fits into the equation, Bloomberg reported. Indeed, countries cannot agree on the size of a global funding bill to help the developing world fight climate change - let alone how to split the bill, Reuters added.

Renewable Energy Project: Azerbaijan and the UAE unveiled plans for three large-scale solar and wind projects in Azerbaijan, totaling 1 GW capacity, during a ceremony held at the Baku Energy Forum, Euronews reported.

Renewable Energy Target: Azerbaijan is hoping to raise the share of renewables across its energy sector to almost a third with over $2 billion in green investments, its energy minister said ahead of hosting COP29 later this year.

COP29 News: May 2024 Updates

Fossil Fuel Strategy: Azerbaijan, which will host this year’s United Nations climate summit, is working on a proposal to place a levy on oil, gas and coal production in order to fund climate action in developing countries, Bloomberg reported.

Climate Talk Challenges: Global talks ahead of this year’s COP29 climate summit must find a way to boost the share of clean energy investments in emerging economies, which has “remained flat” over the last 10 years, the International Energy Agency chief said, Bloomberg reported.

United States and China: The U.S.-China Climate Working Group intends to discuss methane and non-carbon dioxide greenhouse gasses at COP29 climate summit, Reuters reported.

More: Continue to next page for more COP29 preview news.

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Comments

6 comments on “COP29 News Recap: 2024 United Nations Climate Conference Key Takeaways and Everything to Know”

  1. Hello i want to participate the COP 29 as one of international volunteer from Tanzania who has vast and great experience of climate change issues as was participated three previous different COP here in Africa as youth activists, climate change practitioner. I have enough knowledge as international youth volunteer practicing for over 15 years. So give me a registration/application link so i can register my details ASAP.

  2. I am a professional musician who performaonly on reused and recycled materials. Mymusicand education classes have been used at previous COP CONFERENCES AS AUXILLARY PROGRAMS TO THE ACTUAL CONFERENCE. Who
    is in change of auxillary programs thAT RUN ALONGSIDE THE actual conference? Thank you.

  3. Donald: Thank you or your readership and note. We don't have info on the auxiliary programs. But if we hear anything, we'll be sure to update the article accordingly while also posting a follow-up comment for you.

    -jp
    Editorial Director
    Sustainable Tech Partner

  4. I am working in a company in Islamabad, I have my own research in aerocel charge using high voltage DC for perceptions.but my company do not help me in financial matters, I want to participate in November COP24. Kindly register me as individual volunteer.

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