India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit

India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit

ByNews Polite

India, along with other developing countries at COP29 called for fair and effective climate finance agreements to support global climate action. Representing the Like-Minded Developing Countries (LMDCs), India emphasised the need for equitable financial support from developed nations, spotlighting the burden placed on vulnerable economies. Negotiators have noted that around 69%…

COP29 Drafts New New Climate Finance Goal: Here’s What You Need to Know

COP29 Drafts New New Climate Finance Goal: Here’s What You Need to Know

ByNews Polite

A preliminary draft text for the New Collective Quantified Goal (NCQG) on climate finance was published at COP29 by the NCQG contact group co-chairs, marking an important step in advancing the COP29 Presidency’s primary negotiating goal. The draft is intended to serve as a “workable basis for discussion” to refine…

Global Fossil CO2 Emissions Hit Record High in 2024: Here’s What You Need to Know

Global Fossil CO2 Emissions Hit Record High in 2024: Here’s What You Need to Know

ByNews Polite

Global carbon emissions from fossil fuel combustion have reached an unprecedented peak in 2024, with the Global Carbon Project reporting a projected 37.4 billion tonnes of fossil CO2 emissions, a 0.8% increase from 2023. The report underscores an urgent call for emissions reduction as the world’s annual output of CO2…