Autor

Lukas Knigge

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.

Von Lukas Knigge

NCQG beschlossen: 300 Milliarden und "Roadmap to Belém"

Nach einem dramatischen Tag in Baku wurde die COP29 mit einer Einigung auf ein neues Klimafinanzziel – NCQG genannt – beendet. Bis 2035 sollen die Industrieländer ihre jährlichen Zahlungen an Entwicklungsländer auf 300 Milliarden US-Dollar erhöhen, doch auch Schwellenländer tragen bei. Anschließend hagelte es Kritik.

Von Lukas Knigge

Article 6 adopted: EU lifts blockade against 'anything goes' approach

For years, the EU has insisted on strict standards and transparency rules for trading emission reduction credits and prevented a negotiation agreement on Article 6. Now it is giving up its blockade – with only minimal improvements. Observers are concerned about the integrity of carbon markets.

Von Lukas Knigge