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As COP29 concludes in Baku with developed nations pledging at least $300 billion annually for developing countries by 2035, a crucial question arises: who will truly benefit from these funds? Indigenous communities—the true guardians of our ecosystems—are still largely sidelined in the allocation of climate financing. Yet, their ancestral knowledge holds untapped potential to address […]
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On Sunday, richer nations agreed to pay at least $300 billion per year to support developing nations’ climate adaptation efforts. However, the deal fell short of the expectations of poorer nations, which had sought $500 billion, sparking dissatisfaction. Representatives from small island states and the world’s least developed nations walked out, citing unmet financial demands. […]
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The initiative is spearheaded by the International Livestock Research Institute to help meet rising demand for meat, milk and eggs while keeping emissions in check. A new hub launched at the COP29 climate talks will provide a one-stop-shop for solutions to help the livestock sector in developing countries meet rising demand for animal-source foods while […]
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Hybrid mutual insurer African Risk Capacity Limited (ARC Ltd.) is taking a leading role at COP29, advocating for innovative disaster risk insurance solutions to build climate resilience in Africa. This year’s “Finance COP,” taking place in Baku, Azerbaijan, from 11-22 November, is focused on improving and increasing the delivery of climate finance to developing countries, […]
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African Export-Import Bank (Afreximbank) is participating at COP29 in Baku, Azerbaijan, where it is doubling-down on its commitment to facilitating a just energy transition for Africa that supports the continent’s critical development needs and unlocks its economic potential. The Bank’s participation will align with the African Union’s Nairobi Declaration from the 2023 Africa Climate Summit and […]
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By Chola Milambo, Ph.D., Permanent UN Representative (Zambia) A gathering of 198 leaders, representing the contracting parties of almost all the world’s nations, would be significant whatever the context and the epoch. At this particular juncture in humankind’s history, the Conference of the Parties (COP), convening in Baku, Azerbaijan between 11-22 November for the 29th […]
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By Benson Kibiti Amid the looming climate crisis, multilateralism is increasingly evident as the most viable path forward. Climate change is not a future risk, it is a real and present danger to billions of people around the world. Working together to address this crisis is in every nation’s self-interest. The UN-convened climate summit currently […]
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As world leaders gather for the UNFCCC COP29 in Baku, WWF Africa underscores the critical need for this conference to deliver substantial, accessible climate finance. Despite contributing only 4% of global emissions, Africa is among the hardest hit by climate impacts, from severe droughts to worsening food insecurity and deadly floods, affecting millions of lives. […]
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