latest news in COP29
Global Climate Crisis: 2024 Set to Shatter 1.5°C Temperature Barrier
Baku, Monday, 18 November 2024.
Leading climate scientists declare the 1.5°C target ‘deader than a doornail’ as 2024 is projected to become the first year exceeding this crucial threshold. Three major research groups predict unprecedented warming, while global emissions continue to rise. This historic breach signals a dramatic shift in climate policy discussions ahead of COP29 in Baku, with experts warning of increased risks of extreme weather events and social upheaval.
Green Construction Roadmaps Unveiled at COP29 by Three Nations
Dhaka, Saturday, 16 November 2024.
Bangladesh, Ghana, and Senegal have launched sustainable construction roadmaps at COP29, marking a significant step towards eco-friendly building practices. This collaborative initiative aims to transform the construction sector, addressing its substantial contribution to global emissions.
COP29 Seeks Trillions in Climate Finance for Developing Nations
Baku, Thursday, 14 November 2024.
The COP29 summit in Baku focuses on securing substantial climate finance for developing countries. Negotiators agree on the need for trillions but debate persists over funding sources and allocation methods, highlighting the urgency of global climate action.
COP29 Spotlight: Funding Climate Action in Developing Nations
Baku, Thursday, 14 November 2024.
As COP29 convenes in Baku, the focus sharpens on financing climate initiatives for developing countries. With current pledges falling short, discussions aim to bridge the gap between the $700 million Loss and Damage Fund and the estimated $5.9 trillion needed over five years for climate plans in vulnerable nations.
COP29 Spotlight: Zefiro Methane's Innovative Climate Solutions
Baku, Wednesday, 13 November 2024.
Zefiro Methane Corp’s CCO will address methane emissions at COP29, highlighting the company’s role in sealing abandoned oil wells. With millions of unplugged wells in the U.S. and sealing costs up to $435 billion, Zefiro’s approach offers a significant opportunity for high-quality carbon credits and environmental remediation.