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In Focus

People attend the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov

COP29 updates: Who pays as the climate crisis deepens?

Published: November 13, 2024

The annual U.N. climate change summit, being held in Baku, Azerbaijan, comes as the world reels from a spate of deadly extreme weather events, and as activists worry about what Donald Trump’s re-election to the U.S. presidency means for climate action.

COP29 has been dubbed the “finance COP” because the top priority for those attending is to agree a deal for up to $1 trillion in annual climate finance for developing countries.

Delegates will also be hoping for a deal on multilateral carbon credit markets, and more aid money for countries already suffering the calamitous effects of climate change.

Our global team of correspondents and reporters on the ground in Baku will be examining the fundamental issues underpinning the talks.

Featured

An activist speaks as she participates in a protest action during the United Nations climate change conference COP29 in Baku, Azerbaijan November 20, 2024. REUTERS/Maxim Shemetov

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An environmental activist takes part in a protest to urge world leaders to commit to a strong climate finance deal during the United Nations Climate Change Conference (COP29), in Baku, Azerbaijan November 16, 2024. REUTERS/Maxim Shemetov

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Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign rally held with Republican vice presidential nominee Senator JD Vance, in Atlanta, Georgia, U.S., August 3, 2024. REUTERS/Megan Varner

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School girls walk towards a school as they reopened after remaining closed for nearly 15 days due to a spike in air pollution, on a smoggy morning in New Delhi, India, November 29, 2021. REUTERS/Anushree Fadnavis

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Carlos Nobre poses alongside climate leaders as U.S. President Joe Biden signs a proclamation designating November 17 as 'International Conservation Day', in Manaus, Brazil, November 17, 2024. REUTERS/Leah Millis

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Climate activists demanding climate reparations hold a protest during the 18th meeting of the Executive Committee of the Warsaw International Mechanism for Loss and Damage, Metro Manila, Philippines, February 28, 2023. REUTERS/Lisa Marie David

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