The Business Times
business-time-50
SUBSCRIBERS

As COP29 planning begins, reforms needed to fulfil Paris ambition

The climate summit will be Azerbaijan’s largest-ever event – but also requires huge changes

google-preferred-sourceAdd BT as a preferred source
    • A coal-based thermal power plant in Tuticorin, India. Though developing countries still need hundreds of billions more in finance to help them make the transition away from fossil fuels, the COP28 text has been criticised for saying little about climate finance.
    • A coal-based thermal power plant in Tuticorin, India. Though developing countries still need hundreds of billions more in finance to help them make the transition away from fossil fuels, the COP28 text has been criticised for saying little about climate finance. PHOTO: BLOOMBERG

    Andrew Hammond

    Published Fri, Apr 26, 2024 · 05:00 AM

    PLANNING for this year’s global climate conference, COP29, has begun in earnest – and organisers expect it to be fossil fuel giant Azerbaijan’s largest-ever event in terms of attendance and scale.

    However, huge reforms are also needed if the summit is to deliver an effective global climate deal.

    One thing that COP29 president-designate Mukhtar Babayev and the new organising committee should consider is the summit’s ballooning attendance.

    COPClimate change

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More