Climate financing: What the proposals lo • Table.Briefings

Der COP29-Präsident Muchtar Babajew muss jetzt die Klimafinanz-Verhandlungen beschleunigen — COP29 President Mukhtar Babayev must now speed up the climate finance negotiations.

At the Bonn interim climate conference, there was little progress in the negotiations on more financial aid for poorer countries in the fight against the climate crisis. Observers are calling for the next COP host to speed up the processes. Failure would have grave consequences for the next national climate targets.

Although common ground was found in some areas of the New Collective Quantified Goal (NCQG) at SB60 in Bonn, there was hardly any significant progress. The developed countries „continue to play with hidden cards,“ David Ryfisch from the environment and development organization Germanwatch told Table.Briefings. He says that the COP presidency from Azerbaijan must now take the reins and speed up the NCQG process.

Climate financing: What the proposals look like in detail

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