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Sunday, July 20, 2025
TopicCOP29

Topic: COP29

UNDP urges insurers to transition to sustainable economy at COP29

A UNDP report released on Finance Day at the summit highlights the importance of regulatory guidance for insurers' climate transition plans.

UK pledges £74 million for clean cooking

The initiative aims to reach 10 million people worldwide.

Emerging economies, excluding China, need $1 trillion in climate finance annually—new report at COP29

The Independent High Level Expert Group on Climate Finance says that total climate finance requirement for these countries is $2.4 tn per year, of which $1 tn must come from foreign sources.

Argentina withdraws from COP29 negotiations at Baku, triggers concerns over Paris Accords’ stability

Though there's no official confirmation, several Argentine media outlets report it was the nation's climate change-denialist President Javier Milei who ordered delegation to withdraw.

Three days, little progress: Overly lengthy climate finance draft emerges at COP29

The draft, which was condensed down to 9 pages in October, is back to 34 pages with repetitions, duplications, and 'everything everyone wanted'.

India’s emissions could go up 4.6% by 2024-end, 50% chance world will breach 1.5℃ limit by 2030

Global Carbon Budget report projects that by the end of 2024, the world will emit 41.6 billion tonnes of carbon dioxide, which is one billion tonnes more than that emitted in 2023.

Trump’s climate denial gives China its moment to lead. At COP29, it’ll seize the opportunity

For China, it's not just about simply addressing the climate crisis—Trump presidency brings a strategic opportunity to surpass the US as the dominant climate leader.

What is Article 6.4 of the Paris Agreement adopted at COP29 & why climate researchers are sceptical

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'.

Global carbon market ‘breakthrough’ can save $250 bn annually, says COP29 lead negotiator Rafiyev

He further says that negotiations have begun on an ambitious climate fund to developing countries; a new goal of $1 tn is this summit’s top agenda.

COP 29, Day 1: Baku summit sets tone with ambitious finance goal amid leader absences, Trump threat

Summit's top agenda is a deal for up to $1 trillion in annual climate finance for developing countries, replacing existing target of $100 billion.

On Camera

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.