COP29: What are the main issues at the UN climate summit in Baku?

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Countries will also be discussing progress in their pledge to triple renewable energy capacity and double energy efficiency, as a way of easing demand for fossil fuels.

Since then, however, both fossil fuel use and export sales have continued to rise globally, while new areas have been approved for oil and gas production in countries like Azerbaijan, the United States, Namibia, and Guyana.

Climate-vulnerable countries will call on wealthy nations to offer more for the fund.  (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

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Category: BusinessFinance

Markets: IndiaAzerbaijanChinaEgyptGuyanaNamibiaPakistanPhilippinesUnited States

Topics: Cop conference Baku Cop 29 Azerbaijan. COP27

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 13:01:40 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 947 words

Reading Time: 6 minutes read

Sentences: 36 lines

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Copyright Owner: © Business Standard

News ID: 23458421

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