COP29 Highlights Urgent Climate Actions and Partnerships
COP29 Highlights Urgent Climate Actions and Partnerships

COP29 Highlights Urgent Climate Actions and Partnerships

News summary

At COP29, a significant partnership between Tawazun, a Middle Eastern carbon marketplace, and US-based Cloverly was announced to connect Middle Eastern carbon projects with international buyers. The year 2024 is projected to be the hottest on record, exacerbating heat stress and extreme weather events globally. The climate talks at COP29 were marked by geopolitical tensions and emphasized the crucial role of the oil and gas industry in the energy transition. In Pakistan, the 'Her Earth Advocates' program concluded, empowering women filmmakers to address climate change, supported by the United States Institute of Peace. The conference also saw calls for substantial climate finance, with vulnerable countries requesting $1.3 trillion annually to cope with climate impacts. These developments underscore the urgent need for stronger climate policies and international cooperation.

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