COP

COP29 was expected to deliver a global goal for climate finance that meets the challenges of the future. It failed to do so. Instead, it launched international carbon markets that create new loopholes for fossil fuel emitters.

COP29 in Baku will decide the future of global climate finance. As developing nations demand $1 trillion in annual support, tensions rise over who should contribute and how funds are allocated. Will this summit deliver on the promise of climate justice and equity?

The new Loss and Damage Fund (FRLD) aims to support climate-vulnerable countries against escalating damages. Despite meeting setup milestones, key questions on funding scale, the operational model, and access policies remain unresolved. Can the FRLD truly deliver?

When COP28 starts on November 30 in Dubai, United Arab Emirates, no less than the future of climate finance provision will be front and center throughout negotiations.

Overall prospects for adequate, timely and predictable climate finance delivery in the scale and quantity needed have further dimmed after COP27.

Rich nations must prove they are willing to hold up their end of the climate bargain of the Paris Agreement at COP27

This analysis outlines the main critical areas of the upcoming negotiations and key demands from civil society ahead of the COP27 Opening Plenary.

Momentum gained on finance for Loss and Damage at COP26, if not derailed, can lead to more success at COP27 in Egypt.

COP26 in Glasgow started with a plethora of declarations. But in the end it failed to deliver on the real and immediate action needed to avoid climate catastrophe, and to address the demand for justice and equity for those most impacted by climate harms.