Zero: The Climate Race COP29's last-minute deal is a miracle and a mess
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Nov 24, 2024 COP29 wrapped up with a contentious $300 billion climate deal that left both developed and developing nations dissatisfied. Key discussions highlighted the logistical challenges and authoritarian measures overshadowing the summit. The fate of the 1.5°C target drew skepticism, especially regarding its impact on vulnerable island nations. Geopolitical tensions emerged post-election, complicating global collaboration. Amidst these challenges, there was a push for transparency and ambition looking ahead to COP30 in Brazil.
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Baku's COP29 Logistics
- COP29 logistics in Baku were better than most, with smooth operations and a charming city.
- However, this was partly due to authoritarian measures like shutting down schools and clearing street vendors.
Presidency's Performance
- Despite preparation, COP29 President Mukhtar Babayev lacked experience, leading to late documents and disagreements.
- This almost caused the deal to collapse, placing some blame on the presidency.
Climate Finance Challenges
- Securing climate finance is challenging, as it requires countries to agree on substantial payments.
- Developed and developing countries had differing perspectives, highlighting the difficulty of reaching a consensus.