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STATEMENT: Wealthy countries fail to deliver on climate finance at COP29 

Enviromental Defense

When you account for inflation, the new target of $300 billion barely exceeds the previous global commitment that was set in 2009. The next round of national climate plans under the Paris Agreement are due in February. By contrast, each year countries provide subsidies to oil and gas companies that exceed $1.3-trillion,

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All Eyes on Baku: Expectations for Canada at COP29

Enviromental Defense

After 30 years of international negotiations failing to mention the root cause of the climate crisis, the acknowledgement that we must phase out all fossil fuels and massively scale up renewable energy in order to effectively tackle the climate crisis, was both long overdue and extremely significant.

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Climate Experts Available to Comment on COP29 from Baku, Azerbaijan and in Canada

Enviromental Defense

This new framework aims to replace the existing 2009 commitment from developed countries to provide $100 billion annually between 2020 and 2025 — a target missed by years. At least $1 trillion per year is required to meet the immediate climate needs of developing countries. The next round is due in February 2025.

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The EU’s challenge with renewable energy expansion: What is the way forward?

Environmental Europe

The EU is facing a key challenge in climate and energy governance. It has agreed to address climate change under the Paris Agreement , and put forward increasingly ambitious policy targets for 2020, 2030 and 2050. insufficient renewable energy targets) or “delivery gaps” (i.e.,

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Opinion: At COP28, climate finance takes centre stage

A Greener Life

One of the great failures of climate finance has been that of developed countries to furnish the USD 100 billion per year by 2020 that they promised to developing countries back in 2009 to support climate action. But this number pales in comparison to what the latest research tells us is needed.

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The European Commission’s industrial carbon management strategy: ambitious and risky plans to achieve net-zero

Law Columbia

Decarbonizing the industrial sector is key to achieving these targets, as it is responsible for around 20% of the EU’s total emissions (not including emissions associated with energy consumption by industry). The units can then be used as part of the EU’s Nationally Determined Contribution (NDC) under the 2015 Paris Agreement.

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Three International Climate Priorities for UNGA and NYC Climate Week

Union of Concerned Scientists

When countries signed on to the 2015 Paris Agreement, they made initial voluntary commitments (the so-called Nationally Determined Contributions or NDCs) to reduce their heat-trapping emissions, and agreed to revisit them every five years to reflect the “highest possible ambition.” (see of the Paris Agreement ).