COP29 Calls for Climate Action Proposals
COP29 Calls for Climate Action Proposals

COP29 Calls for Climate Action Proposals

News summary

At COP29, the Climate Action Window has launched its Third Call for Proposals, inviting eligible beneficiaries to seek grant funding to support climate adaptation efforts in Africa, particularly for the 371 least developed countries. However, the Adaptation Fund is struggling to meet its funding targets, having only secured $61 million of its $300 million goal, raising concerns for developing nations needing trillions for effective climate adaptation. Meanwhile, proposals for a significant shift in U.S. energy policy are emerging, with former President Trump advocating for a diverse energy portfolio while reducing regulations, potentially impacting solar and battery innovations. The COP29 presidency faces criticism for alleged gas deals and inadequate global climate action, leading former UN climate chief Ban Ki-moon to call for reforms to ensure effective negotiations. As the next round of nationally determined contributions approaches, UNFCCC's Simon Stiell emphasizes the critical opportunity for countries to enhance their commitments and adopt renewable technologies. This year's summit, hosted in Baku, Azerbaijan, has been marred by backlash against the nation's environmental record and governance issues, challenging the legitimacy of their leadership in climate negotiations.

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