Is Cop29 a waste of time? Not if rich countries commit to paying for climate damage in developing world

By Lisa Vanhala, Professor of Political Science, UCL

“An ambitious new climate finance goal” should be the priority of every nation at the latest round of international climate negotiations in Baku, Azerbaijan. That’s according to Simon Stiell, who heads the United Nations process for negotiating an agreement to limit global heating.

Discussions are deadlocked at the start of the second week. The objective is to raise money to drive a global shift towards clean energy and ensure that…

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