Published: November 22nd, 2024,
Last updated: May 28th, 2025

The draft final texts for COP29 presented by the Presidency on Friday afternoon not only propose how a new global climate finance target should go hand in hand with emissions reduction – but they could also reshuffle the cards in global climate policy. They turn the traditional frontline position of the „Global North“ against the „Global South“ into the US/EU/China alliance against the rest of the world.