We Can Fix Climate ChangeLess than 48 hours after the gavel came down at COP29, Carbon Brief ran a webinar to talk through all the key outcomes from the summit in Baku, Azerbaijan. The team discussed the new climate finance goal adopted at COP29, the role of China in negotiations, the finalisation of Article 6 carbon trading rules and much more. The discussion built on the Carbon Brief’s detailed summary of the key outcomes from the summit, outlining everything that happened both inside and outside the negotiating rooms.
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Summary
Carbon Brief journalists discussed COP29 outcomes, key issues like climate finance, fossil fuel transitions, and the role of China in climate negotiations.
Highlights
- 🌍 COP29 concluded with significant discussions on climate finance and fossil fuel transitions.
- 💰 A target of $300 billion per year by 2035 for climate finance was highlighted.
- 🌱 Biodiversity and adaptation discussions were limited compared to previous COPs.
- 🏛️ Article 6 negotiations around carbon markets saw progress but raised concerns about transparency.
- ⚖️ The consensus decision-making process faced challenges, with objections from countries like India and Nigeria.
- 🌿 Preparations for COP30 in Brazil include a focus on nature and biodiversity.
