All Articles

Climate (English)

COP29: The most important results

After a long delay and tough negotiations, COP29 ended early Sunday morning in Baku. A financial target was agreed upon, with the industrialized countries promising a sum of USD 300 billion by 2035. However, in other areas, progress only means preventing regression.

By Bernhard Pötter

NCQG adopted: USD 300 billion and a roadmap to Belém

After a dramatic day in Baku, COP29 ended with an agreement on a new climate finance target – known as the NCQG. Industrialized countries are to increase their annual payments to developing countries to USD 300 billion by 2035, but emerging countries will also contribute. This was followed by a hail of criticism.

By Lukas Knigge

Climate finance: Why new donors wouldn't add much to the pot

Expanding the donor base for climate finance to include countries such as Saudi Arabia, China and South Korea is considered one of the biggest points of conflict at COP29. However, several calculations show that new donor countries would not increase the climate finance budget too much. Other sources of climate financing would be more productive.

By Nico Beckert

Coal: Indonesia plans to shut down 33 percent of capacity by 2040

Indonesia wants to reduce its dependence on coal by 33 percent by 2040. However, it is unclear whether this also includes industrial power plants. In its Partnership for a Just Energy Transition (JETP), the country had left these power plants out of the equation.

By Nico Beckert

COP29: How the Baku deal could change climate geopolitics

The industrialized countries and the major emerging economies are delighted with the Presidency's first proposal for the final texts of COP29. The poorer countries are up in arms. The deal could reorganize the existing fronts in climate policy.

By Bernhard Pötter

New draft texts: $250 billion and a back door

New draft texts from the COP29 presidency landed in Baku on Friday afternoon. For the first time, the quantum of climate financing was quantified and the expanded donor base was also formulated. But, as we all know, the devil is in the detail.

By Nico Beckert