As COP29 nears its close in Baku, UN Chief António Guterres called for a decisive, ambitious climate finance deal for developing nations.
Renewables are surging globally, yet fossil fuel phase-out has stalled, says a new report by Climate Change Performance Index (CCPI) released during COP29 in Baku.
The Global Climate and Health Alliance has slammed wealthy nations at COP29 saying they are blocking a climate finance deal. The coalition demands $1 trillion in grants to protect global health.
At COP29, Dutch deputy PM and climate minister Sophie Hermans announced that the UK, New Zealand, and Colombia have joined the coalition’s efforts to phase out fossil fuel incentives including subsidies.