What happened at COP29?
Energy Gang27 Nov 2024

What happened at COP29?

The climate talks agreed a $300 billion finance deal. Not everyone is happy about it.

The COP29 climate talks in Baku, Azerbaijan, finally ended around 5.30am on Sunday morning, almost 36 hours after they had been originally scheduled to close. The good news was that the negotiators representing about 200 countries agreed a deal on climate finance: flows of capital from developed countries to low and middle-income countries, to help them cut emissions and adapt to a warming world. The bad news was that many countries felt the amount agreed – $300 billion a year by 2035 – was much too low. India and other developing countries had suggested a sum of $1 trillion or more a year was needed.

Ed Crooks, now back home after attending the talks, is joined by Energy Gang regulars Melissa Lott, the partner general manager for energy technologies at Microsoft, and Amy Harder, the executive editor of the energy and climate news service Cipher. They discuss the outcomes from the negotiations: what was agreed and what it means. We also hear from Amy’s colleague Anca Gurzu, who was following all the action at the talks in Baku.

This conference was billed as “the finance COP”. If it had failed to agree a deal on finance, that would have been disastrous for the international effort to tackle climate change through the UNFCCC. But with a deal offering so much less than the amounts that developing countries had been hoping for, where does COP29 mean for the global energy transition? And as we look ahead to the crucial COP30 in Brazil a year from now, can we expect the countries of the world to commit to more ambitious goals for cutting emissions?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Avsnitt(566)

How a Texas electric co-op rebuilt for reliability | Sponsored content from Rayburn Electric

How a Texas electric co-op rebuilt for reliability | Sponsored content from Rayburn Electric

As Texas battles another bout of bitterly cold weather, Energy Gang looks at the lessons that one generation and transmission electric co-operative learned from Winter Storm Uri in 2021. The freeze an...

27 Jan 45min

Venezuela and what to expect from energy in 2026

Venezuela and what to expect from energy in 2026

The new year has only just begun, and already we have seen an event with massive significance for the world of energy. The US operation to remove Venezuelan President Nicolás Maduro opens a new era fo...

8 Jan 51min

Electric vehicles create problems for the grid. Could they also help solve them? The plan to turn EVs into reliable grid infrastructure

Electric vehicles create problems for the grid. Could they also help solve them? The plan to turn EVs into reliable grid infrastructure

As we head into 2026, electricity grids aren’t just under strain; they are facing transformational change because of the shifts in the ways that we work, entertain ourselves, and get around. EVs are o...

6 Jan 54min

Energy Gang’s year in review: the highs, the lows, the people and the technologies of 2025

Energy Gang’s year in review: the highs, the lows, the people and the technologies of 2025

It’s the final Energy Gang of the year, and host Ed Crooks is joined by regulars Amy Myers Jaffe, Director of NYU’s Energy, Climate Justice and Sustainability Lab, Shanu Mathew, a portfolio investor a...

18 Dec 20251h 1min

California’s grid under pressure: affordability, AI, and the future of electricity markets

California’s grid under pressure: affordability, AI, and the future of electricity markets

California is often described as the state where you can see the future of the US, and of the world. That has certainly been true in terms of some of the problems faced by the electricity grid. Califo...

9 Dec 202544min

What happened at COP30? The key points on cutting emissions, adapting to a warming world, and raising the finance to pay for it

What happened at COP30? The key points on cutting emissions, adapting to a warming world, and raising the finance to pay for it

The COP30 climate talks in Belem wrapped up over the weekend, and reactions to the outcome were sharply divided. Simon Stiell, Executive Secretary of the UNFCCC, said “climate cooperation is still ali...

25 Nov 202556min

What happened in COP30’s first week? Support for energy efficiency and a status report on methane show which climate initiatives are still making progress

What happened in COP30’s first week? Support for energy efficiency and a status report on methane show which climate initiatives are still making progress

Negotiations in the COP 30 climate talks are continuing in Belem, Brazil. The headlines are focusing on the divisions between countries that are shaping this year’s climate talks. But despite the doom...

19 Nov 202552min

The COP30 climate talks are under way In Brazil. What is the point of the conference?

The COP30 climate talks are under way In Brazil. What is the point of the conference?

COP30, which began this week in Belém, Brazil, marks a decade since the Paris Agreement was adopted at COP21 in 2015. It’s being billed as the “implementation COP”: instead of grand new announcements ...

13 Nov 202548min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
svd-tech-brief
badfluence
rss-borsens-finest
uppgang-och-fall
avanzapodden
fill-or-kill
rss-svart-marknad
tabberaset
bathina-en-podcast
rikatillsammans-om-privatekonomi-rikedom-i-livet
24fragor
rss-dagen-med-di
lastbilspodden
kapitalet-en-podd-om-ekonomi
rss-inga-dumma-fragor-om-pengar
montrosepodden
dynastin