Deciding the quantum and other aspects of climate financing was one of the central aims of this edition of the climate conference, dubbed the 'finance COP' for this reason.
Multiple attempts previously to both define and adopt it have failed. Yalchin Rafiyev, the lead negotiator of COP29 from Azerbaijan, called it a 'game-changing tool'.
PM Modi as well as Union Environment Minister Bhupender Yadav are unlikely to attend COP29. Leaders from US, China, Japan & Brazil, too, plan to give it a miss.
While Azerbaijan is moving away from traditional arms supplier Russia and growing closer to Turkey & Pakistan, rival Armenia is depening defence ties with India, already a major supplier.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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