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Climate & Environment
12 November 2024

Baku Welcomes COP29 Amidst Ambitious Climate Goals

World leaders gather as developing nations demand trillions for climate action at high-stakes summit

With the backdrop of Baku’s vibrant skyline, the 29th session of the UN Climate Change Conference of the Parties, commonly known as COP29, kicked off with high hopes and pressing questions. Drawn from nearly 200 nations, around 40,000 delegates flocked to Azerbaijan's capital, but the atmosphere was thick with anticipation and skepticism as major world leaders opted out of attending the pivotal summit.

Opening the conference on November 11, 2024, Azerbaijani minister of ecology and COP29 president, Mukhtar Babayev, candidly addressed the potential outcomes of the summit. He expressed stark concern over current climate policies, stating, "We must be totally honest – current policies are leading us to three degrees of warming, temperatures which would be catastrophic for billions." Babayev's comments stem from alarming findings by the UN Environment Programme, which indicates the planet is on track for significant warming by the century's end.

This year’s COP marks another high-stakes meeting with developing nations urging wealthy countries to commit to trillions of dollars to tackle the climate crisis. This demand arises from inadequacies witnessed at the previous UN biodiversity summit held in Cali, Colombia, where disagreements about funding mechanisms stalled discussions. Delegates at COP29 face the pressing task of establishing the New Collective Quantified Goal to replace the longstanding $100 billion annual climate finance pledge, which wealthy nations have only met once since its inception.

The stakes are undeniably high; with climate-related disasters costing the world trillions annually, COP29 serves as the final chance for global agreements before major deadlines loom. Yet, the talk of necessary financing is mired by disputes, leading to delays even before the official sessions commenced. Babayev urged countries to prioritize financing, asserting, "These numbers sound big, but they are nothing compared to the cost of inaction." A significant outcome is anticipated as nations wrestle with how to deliver on ambitious climate commitments and face their own domestic obstacles.

The conference atmosphere has also been heavily influenced by past events and global politics. Notably absent from COP29 are leaders like US President Joe Biden, Chinese President Xi Jinping, and European Commission President Ursula von der Leyen, which commentators view as diminishing the summit’s potential impact. Speculation swirls around the motivations behind these absences, particularly as leading developed nations face criticism for prevaricating over financial commitments.

COP29’s significance is amplified against the backdrop of extreme weather events increasingly affecting populations globally. Recent assessments estimate significant damages from climate-related occurrences, emphasizing urgent action. Concurrently, the World Meteorological Organization (WMO) has issued dire warnings, asserting 2024 is set to be the hottest year on record, with temperatures already surpassing 1.54 degrees Celsius above pre-industrial levels. The message of immediate action resonates loudly amid mounting climate anxiety, particularly among vulnerable populations.

Health experts at the summit are vehemently advocating for integrating healthcare investments alongside climate finance discussions. They warn of the rising public health threats posed by climate change. Jess Beagley, policy lead at the Global Climate and Health Alliance, noted, “Wealthy countries must commit to climate finance on the scale of trillions to face health risks faced by the world’s eight billion people.” Calls are growing for these pledges to be made through grants rather than loans to avoid perpetuating cycles of debt and poverty.

The challenges of negotiations extend beyond financial disagreements; developing nations are demanding at least $1 trillion annually from wealthier countries. This has ignited conflict over interpretations of which nations bear responsibility for contributions, especially as the UN’s definitions of developed nations have shifted since the framework was established three decades ago.

China's significant emissions have prompted scrutiny, particularly as it positions itself as both the largest carbon emitter and the leading manufacturer of clean energy technologies. Whether it will adjust its stance to align more closely with the needs of developing countries remains to be seen. The dynamics of these negotiations reflect broader geopolitical tensions, with conflicting interests complicative of cooperative efforts.

Global media commentary reflects both hope and resignation, users reporting mixed sentiments concerning the expected outcomes of COP29. A recent YouGov poll highlights public skepticism, with only nine percent of Brits expressing optimism about progress from the summit, reflecting widespread disillusionment with climate diplomacy. Many respondents feel instead strong actions beyond climate summits, such as advancing clean technology and corporate responsibility, could yield more impactful results.

Historical analysis reveals COP meetings have occasionally succeeded in securing promising goals, but follow-through often falters, resulting in global warming exceeding the internationally recognized limit of 1.5 degrees Celsius, which was initially agreed upon as part of the Paris Agreement. This reality poses fundamental questions about the efficacy and urgency of climate commitments going forward.

Speaking at COP29, UN Secretary-General António Guterres drew attention to this precarious situation, noting, “Climate catastrophe is hammering health, widening inequalities, harming sustainable development, and rocking the foundations of peace.” He emphasized the immediate need for collective action to prevent exacerbation of global warming and to safeguard future generations.

Adding to the complexity, COP29 has been marred by concerns over the influence of the fossil fuel industry on climate negotiations. Transparency International' assertions about the potential for industry influence raise issues about the integrity and transparency of dialogue at this year's meetings. A significant number of fossil fuel lobbyists numbered over 2,400 at COP28, prompting health organizations to advocate for tighter restrictions on industry participation.”

Some observers suggest there are improved prospects for COP29 as nations have faced mounting climate disasters this year alone, creating pressure on leaders to prioritize action. These disasters may compel even the most skeptical nations to engage with proposed agreements earnestly, particularly if they wish to avoid facing backlash from affected populations.

Despite the evident obstacles and mixed feelings, COP29 serves as the battleground for shaping the future of climate action, with world leaders, negotiators, and advocates converging upon Baku. The refrain repeating among many delegates echoes Babayev’s earlier sentiments best: “We need human ingenuity and determination to overcome the global climate crisis.” Only time will reveal whether COP29 will yield the results desperately sought after or if it will join the ranks of past gatherings, mired by complexity and frustration.

Now at the dawn of this significant event, the eyes of the world remain fixed on Baku with anticipation yet muted skepticism. The urgency to enact climate reforms on the international stage has never been higher, yet the reality of political inertia continues to loom large, prompting questions not just about COP29, but the future collaborations surrounding climate action. How nations navigate the conversational hurdles at this year's conference may pave the way for future negotiations and define the destiny of global climate efforts.

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