Business Standard

Monday, January 06, 2025 | 02:06 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

UN climate summit in Baku leaves the developing world with crumbs

Unusually for a UN climate summit, COP29 was mainly about climate finance, and yet the finance mandarins were missing

COP29 President Mukhtar Babayev during the closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, on November 24
Premium

COP29 President Mukhtar Babayev during the closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, on November 24

S Dinakar New Delhi

Listen to This Article

There were two outcomes at COP29 in Baku, Azerbaijan — in addition to a postponement — and both left a bitter taste for many.
 
The winners at the 29th annual edition of the United Nations Climate Summit were the United States, European Union, Canada, China, the Gulf countries, and the Azeris, who held the presidency of the summit this year.
 
The losers were emerging economies, least developed nations, island countries, and, of course, the global climate itself.
 
Unusually for a UN climate summit, COP29 was mainly about climate finance, and yet the finance mandarins were missing. Also missing were the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in