Published: November 24th, 2024,
Last updated: February 12th, 2025

The decision taken at the climate conference in Baku has set an important course: a new international target for climate finance, the gradual expansion of the donor base for climate aid, and a final regulation for voluntary carbon markets. But COP29 also has other important consequences in its course and results that will shape global climate policy in the future. Some insights from Baku: