COP 29: The Climate-Peace Nexus Was on the Agenda, but …

Nov 23, 2024 | Volker Boege
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This year’s COP 29 in Baku, the capital of the oil state of Azerbaijan (fossil fuels make up 90% of the country’s exports), has been dubbed the ‘finance COP’. The focus of negotiations is on a ‘new collective quantified goal’ (NCQG) for climate finance, which is supposed to support the countries of the Global South in climate change mitigation and adaptation. Current climate funding is indeed totally inadequate, hundreds of billions of dollars per year are needed. While international public attention is on the COP negotiations about money, other issues also play a role in Baku, including the climate-peace nexus. Let us have a closer look.