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The Latest Breaking News from Baku

After nearly 10 years of debate, COP29’s carbon trading deal is seriously flawed

Negotiators at the COP29 climate conference in Baku have struck a landmark agreement on rules governing the global trade of carbon credits, bringing to a close almost a decade of debate over the controversial scheme.

The Conversation

As Cop29 wraps up and the climate crisis gathers pace, Australia’s dash for gas is confounding

Nearly all observers believe Chris Bowen is strongly committed to action. Most agree that can’t be said for his party

The Guardian - AU

The Guardian view on Cop29: poor-world discontent over a failure of rich countries to deliver

Editorial: A rushed final text in Baku strains trust between nations, as inadequate climate finance commitments leave vulnerable countries calling for justice

The Guardian - UK

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The silver lining at a disappointing Cop29? It showed climate progress can survive Trump 2.0

Away from the brutal main negotiations, there were important strides forward. The science can – and must – rise above politics, says environment writer Geoffrey Lean

The Guardian - UK

‘Optical illusion’: Key takeaways from COP29 at Baku

Climate finance deal criticised at COP29 as inadequate, lacking real money and clear grants for developing countries.

Al Jazeera

Developing nations blast $300 billion Cop29 climate deal as insufficient

Countries at the Cop29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient.

Radio France Internationale

Yes, there is a lot of greenwashing, but Cop summits are our best chance of averting climate breakdown

Despite its imperfections the process of tackling the climate crisis will not be derailed, even in the face of US backtracking

The Guardian - UK

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Ed Miliband says Cop29 deal agreed at ’11th hour for the climate’

Climate groups called the agreement, designed to help developing nations, a ‘catastrophe’

Evening Standard

From a US$300 billion climate finance deal to global carbon trading, here’s what was – and wasn’t – achieved at the COP29 climate talks

The petroleum-laden dust has settled on this year’s United Nations climate summit, COP29, held over the past fortnight in Baku, Azerbaijan. Climate scientists, leaders, lobbyists and delegates are heading for home.

The Conversation

Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’

Deep divisions remain after high-stakes talks end with agreement to help developing world shift to low-carbon economy

The Guardian - UK

Climate Deal Reached In Baku With 0 Billion Pledge

New climate deal in Baku commits 0 billion annually by 2035 to support poorer nations, criticized as insufficient.

Top News

Row over who will pay $1tn climate fund drags Cop29 talks past the deadline

Rich countries resist increasing their contributions to poor countries that are bearing the brunt of global heating

The Guardian - UK

Failure Haunts UN Environment Conferences

Negotiators were struggling to reach a deal Saturday at UN climate talks in Baku.

International Business Times

Finance deal remains elusive at Cop29 as UN climate talks stretch into overtime

Negotiations at Cop29 in Baku, Azerbaijan were scheduled to finish on Friday evening but a final deal on climate finance remains elusive.

Evening Standard

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The Conversation

Nations at Cop29 have emphasised the role culture can play in climate recovery – as a playwright, I’m sceptical

For many, the advent of the 29th UN Cop has elicited as much despair as hope – especially with the long shadow of the US election result darkening proceedings. Add in the grim irony of its setting in Baku, Azerbaijan – capital city of a petrostate maxing out on fossil…

The Guardian - AU

Think the Cop29 climate summit doesn’t matter? Here are five things you should know

Who pays how much to fund the switch from fossil fuels, what to do about nuclear power, and who hosts Cop31 are key questions

The Guardian - UK

‘It’s really an honour’: people of oil-rich Azerbaijan welcome climate summit

Cop29 is taking place in a country whose economy has long been dependent on its oil reserves

The Independent UK

UN climate summit set to go into overtime as talks stall over finance deal

Frustrations intensified at Cop29 in Baku, Azerbaijan, where countries are polarised over a deal on paying poorer nations climate finance.

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The Guardian - UK

Friday briefing: The pressure is on at Cop29 to fill in the blanks in the climate finance deal

In today’s newsletter: After two weeks of fraught negotiations, the draft text still contains an ‘X’ in place of a number. Is consensus on a trillion-dollar funding target for developing nations possible?

The Guardian - UK

Cop 29: new draft text criticised as ‘totally unacceptable and inadequate’ – as it happened

Text ‘decides’ on $250bn for developing countries by 2035 – but faces criticism from African Group of Negotiators

The Independent UK

Hopes of trillion dollar climate fund dim at Cop29 after developed countries fail to offer commitment

Campaigners fear the Baku summit may fail to establish a trillion dollar goal calling finance talk a ‘credibility test’ for UN talks

Radio France Internationale

Europe plays pivotal role in bid to strike Cop29 climate deal

The European Union is key to a deal being done at UN climate talks in Baku by Friday – viewed as a bridge both with China and poorer nations – after climate sceptic Donald Trump's triumph in the US elections.

Evening Standard

UK calls for strong stance on fossil fuel phase out amid major split at Cop29

Tensions at Cop29 in Baku intensified on Thursday after backlash against the latest proposals on a global climate agreement.

The Guardian - AU

Australia hoped hosting a Cop climate summit was a done deal. But one nation still stands in the way

Despite a diplomatic push from Chris Bowen and Anthony Albanese, Turkey won’t back down on its bid to host Cop31

The Conversation

Friendly fire: a nuclear push by allies at COP29 poses a sticky problem for Albanese

Prime Minister Anthony Albanese didn’t see this coming. At the global COP29 climate talks in Baku, the Australian government was indirectly criticised by two allies, the United States and the United Kingdom, over its refusal to sign onto the goal of tripling nuclear power globally by 2050.

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