The Day The Music Died -- November 25, 2024

Locator: 44418GREEN.

Can't wait to see what Trump has to say about COP30 next year.

Link here.

From the linked article:

The Azerbaijani hosts had hoped at the outset of COP29 that it would go down as one of the more successful meetings in the annals of the annual UN climate conference. Instead, the early view is that COP29 will go down as one of the more disappointing COPs to date.

Environmentalists are departing Baku feeling underwhelmed with the outcome, as COP29 negotiators backed away from an ambitious climate financing target and continued to bicker among themselves even over the significantly scaled back dollar goal. 

On November 22, 2024, the last scheduled day of COP29, the latest iteration of a draft agreement set a target of $250 billion annually in contributions from developed nations to combat the consequences of global warming, significantly less than the $1.3 trillion goal specified in the first draft agreement.

Some participants also indicated the drafts lack important details, such as which countries are expected to contribute how much. One significant stumbling block: EU representatives were reported to be calling for a significant increase in contributions from China, which had sought to garner admiration from developing countries by arguing for the $1.3 trillion goal.