Sustainable Futures Collaborative’s Post

A dive into #COP29's #NCQG : what fronts it failed on, whether there were any extenuating circumstances, and what it all means going forward

My colleagues Matti Kahra, Stefan Henningsson and Tiina Salonen give us their take on what happened at the hashtag #COP29 meeting. COP29 ended with a new climate finance goal, but the participating countries couldn’t agree on wording describing how countries should move away from fossil fuels. You can read their analysis below #climate hashtag #climatefinance hashtag #carbontrading hashtag #2025pledges Nordea

My colleagues Matti Kahra, Stefan Henningsson and Tiina Salonen give us their take on what happened at the #COP29 meeting. COP29 ended with a new climate finance goal, but the participating countries couldn’t agree on wording describing how countries should move away from fossil fuels. You can read their analysis below #climate #climatefinance #carbontrading #2025pledges Nordea

COP29 makes progress towards mobilizing increased climate finance Extension of High-Level Champions mandate and outcomes across adaptation, finance and mitigation signal that non-State actor leadership and collaboration will be more important than ever in lead up to COP30 in Belém, Brazil 👇👇👇 https://lnkd.in/ecnKG3uR

As the world grapples with urgent environmental challenges, COP29 could be a turning point in accelerating the shift toward meaningful, long-term climate solutions. The summit will also challenge leaders to reaffirm and strengthen their climate commitments, ensuring that the promises made in previous COP meetings are backed by concrete actions. Here’s what to expect: #COP29 #ClimateAction

#COP29 in Baku concluded with a climate finance commitment of $300 billion per year by 2035—a figure starkly insufficient against the trillions needed annually for effective climate action. Linda Schneider explains what happened and why the outcomes won't advance #ClimateJustice.

COP29 talks had led the conference to press for a finance goal for climate change to be in the trillions! #climatemitigation #climatefinance #environment #finance https://lnkd.in/dkWhN-VN

COP29 Spotlight | Loss and Damage funding has to be at core of new climate finance regime. The focus of the #COP29 is to decide on a new finance regime. Major polluters will be asked to massively increase their financial contributions to developing nations. Researchers from International Institute for Applied Systems Analysis (IIASA) and CMCC show that Loss and Damage needs of vulnerable countries range between roughly 130 and 940 billion Dollars in 2025 alone. On top of money for mitigation and adaptation. Read more on #ClimateForesight: https://ow.ly/HfXm50UgUts

What’s happened this week in climate change? Read the latest issue of Carbon Brief’s weekly newsletter, DeBriefed, here ⬇️ https://lnkd.in/eVgGDtPw In this issue... 🇺🇳 Countries remain split on key issues on the last scheduled day of COP29 💰 Carbon Brief analyses the details of the latest climate finance text 🇨🇳 New analysis found China’s contribution to global warming now exceeds that of the EU 🗓️ Key dates for next week and pick of the jobs 💡 Spotlight | Carbon Brief unravels the latest hotly contested climate-finance text from COP29 and explains the main sticking points. ✍ Written by Aruna Chandrasekhar, Daisy Dunne, Dr Simon Evans, Josh Gabbatiss, Molly Lempriere and Ayesha Tandon. Sign up to DeBriefed here ⬇ https://bit.ly/4a4gsGR #ClimateNews #ClimateChange #COP29