Forbes
1 min read

The United Nations Framework Convention on Climate Change (UNFCCC) convenes annually for the Conference of Parties (COP) to address carbon emissions and support vulnerable nations through a loss and damage fund. COP29, held in Baku, Azerbaijan, and intended to focus on ambitious climate finance goals, fell short of expectations. Political conflicts, overambitious financing targets, and resistance from economies reliant on fossil fuels undermined progress. These factors created a challenging atmosphere that hampered meaningful agreements. The conference highlighted the persistent difficulties in achieving global cooperation on climate action. Continue here.


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