#COP29--Azerbaijan Climate Summit 2024--WLP/AI RESEARCH

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WHITE LIGHTNING//OFFICE OF AI RESEARCH//IMMEDREL//11/13/24/0000EST

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 #COP29Azerbaijan Daybreak 11/11/24/0500PST: Conference of Parties analyzed by artificial intelligence, uncertainty of #ParisAgreement , hardliner #Trump assumes command in U.S.; focus on gofundme for developing nations to curb greenhouse gas. AI link: https://shorturl.at/eOWov

(Begin Perplexity-AI)

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change is currently underway in Baku, Azerbaijan, from November 11 to November 22, 2024

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. This annual global climate summit brings together thousands of participants from around the world to discuss and negotiate solutions to the ongoing climate crisis

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Key Details

Location and Timing:
COP29 is being held in Baku, the capital of Azerbaijan, a country with a significant fossil fuel-based economy

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. The choice of location has faced some criticism from climate activists

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.Participants:
Over 32,000 attendees are expected, including delegates from all 198 signatory countries, diplomats, journalists, climate researchers, NGOs, activists, and Indigenous leaders

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.Main Focus:
This year's summit, dubbed the "finance COP," aims to boost funding for low-income nations to reduce greenhouse gas emissions

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. Discussions will center around:

1. Increasing financial support for developing countries to combat global warming
2. Updating Nationally Determined Contributions (NDCs) for emission reduction targets
3. Implementing the COP28 pledge to transition away from fossil fuels

Challenges and Context

Trump's Re-election:
Donald Trump's recent re-election as U.S. President has cast a shadow over the summit, raising concerns about potential U.S. withdrawal from the Paris Agreement and scaling back of carbon emission reduction commitments

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.Financing Issues:
There is a lack of consensus on how to finance the global shift to renewable energy and climate change mitigation efforts

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. Developing countries are calling for at least $1 trillion in annual funding, while current pledges fall short

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.Host Country Controversy:
Azerbaijan's heavy reliance on oil and gas has raised questions about its suitability as a host for climate negotiations

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. The country's selection was influenced by procedural norms and geopolitical factors, including Russia's role in the decision-making process

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Goals and Expectations

1. Enhance ambition for climate action and enable implementation through financing
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2. Progress towards the COP28 goals of tripling renewable energy capacity and doubling energy efficiency by 2030
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3. Address the significant gap between current climate efforts and the actions needed to limit global temperature rise to 1.5°C above pre-industrial levels
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As the summit progresses, the international community will be watching closely to see how these challenges are addressed and what concrete actions emerge from the negotiations in Baku.

Sources

What to expect as the UN’s COP29 climate change summit begins in Azerbaijan

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COP29: Your Guide to the 2024 UN Climate Change Conference

nature

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COP29: What you need to know about the global climate summit

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COP29, taking place in Baku, Azerbaijan from November 11-22, 2024, has several key goals:

Climate Finance

The primary focus of COP29, dubbed the "Finance COP," is to scale up climate finance for developing countries

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. Key objectives include:

1. Establishing a new climate finance target to replace the previous $100 billion annual commitment
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2. Creating the New Collective Quantified Goal (NCQG) for climate finance from 2025 onwards
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3. Increasing funding for developing countries to transition to zero-carbon economies and adapt to climate change impacts
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4. Agreeing on clear timeframes for providing funds to lower-income countries
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Emissions Reduction and Energy Transition

1. Pushing for more ambitious emissions reductions in updated Nationally Determined Contributions (NDCs)
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2. Accelerating the transition away from fossil fuels and towards renewable energy
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3. Implementing the COP28 pledge to triple renewable energy capacity by 2030
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Adaptation and Resilience

1. Focusing on adaptation measures to help vulnerable communities cope with existing and future climate impacts
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2. Addressing loss and damage finance to compensate lower-income countries for climate change impacts
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Other Key Objectives

1. Centering nature, people, lives, and livelihoods in climate action
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2. Ensuring inclusivity in climate policy processes, particularly for Indigenous Peoples and Local Communities (IPLCs)
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3. Mobilizing public and private sector investments in climate action
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COP29 is seen as a critical opportunity to make progress on these goals, particularly in light of the upcoming February 2025 deadline for nations to provide updated plans to reduce greenhouse gas emissions under the Paris Agreement

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.  (End Perplexity-AI)

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WHITE LIGHTNING//OFFICE OF AI RESEARCH//IMMEDREL//11/13/24/0000EST

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