Sports
All eyes on G20 as COP29 climate talks stall
字号+ Author:Smart News Source:Business 2025-01-13 13:25:44 I want to comment(0)
BAKU: Negotiations were deadlocked on Saturday at the midway point of the UN climate summit, with hopes pinned on G20 leaders intervening to strike a critical finance pact at the crunch talks. After nearly a week of bargaining in Azerbaijan, nations were no closer to agreeing a $1 trillion deal for climate-action investments in developing nations. Diplomats worked through the night in a sports stadium near the Caspian Sea to produce a fresh draft on Saturday that only served to underscore divisions, with little changed from an earlier text. “We absolutely want an agreement in Baku because it is in the collective interest,” said a French diplomat granted anonymity to discuss the ongoing talks. But “clearly we are deadlocked, and not where we should be to have an agreement”. Government ministers jetting into Baku on Monday face an uphill battle trying to break the impasse before the summit ends on Nov 22. “There is still much, much to do,” said Samir Bejanov, deputy lead negotiator of COP29 host Azerbaijan. “Over the last few days, some people have doubted whether collectively we can deliver. It’s time for the negotiators to start proving them wrong.” Optimism was in as the first week fizzled out, but some attendees offered a rosier view. “It’s not as bad as it might look from the outside,” said Irish climate minister Eamon Ryan. The G20 leaders meeting starting in Brazil on Monday will be closely scrutinised for signs of political will to revive the stalled talks in Baku. “As G20 Leaders head to Rio de Janeiro, the world is watching and expecting strong signals that climate action is core business for the world’s biggest economies,” said UN climate chief Simon Stiell.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Israeli army destroying ‘whole neighbourhoods’ in north Gaza: report
2025-01-13 13:16
-
NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
2025-01-13 13:14
-
Karachiites quiver as mercury drops to 6.2°C
2025-01-13 12:32
-
Karachiites quiver as mercury drops to 6.2°C
2025-01-13 10:55
User Reviews
Recommended Reads
Hot Information
- Sindh’s coal gasification dream
- PTI bound to make 'mandate demand', says Sanauallah as party slams 'hurdles' in meeting Imran
- NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
- NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
- Global order ready to be Trumped?
- NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
- Karachiites quiver as mercury drops to 6.2°C
- Marwat, Afnan finally bury hatchet after 2023 brawl on live TV
- Inquiry detects Rs1.9bn embezzlement of medicine funds in KP
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content