 |
Dear readers,
Welcome to the Climate Weekly newsletter by the Centre for Science and Environment’s Climate Change programme and Down to Earth.
During the first week of COP29 in Baku, Azerbaijan, negotiations for the New Collective Quantified Goal on climate finance (or NCQG) got off to a feisty start. On the opening day, the G77 and China bloc rejected the framework for a negotiating text on the NCQG (which was prepared by the co-chairs for deliberations at COP29), arguing that their positions were inadequately represented in the text. This rejection was further echoed by various developing country Parties.
Over the week that ensued, the co-chairs prepared a new iteration of the draft decision text on the NCQG incorporating the demands from developing countries, including additional paragraphs that better reflect their views on the quantum, quality and contributor base of the climate finance goal.
The opening day of COP29 also saw the COP Presidency adopt the rules governing Article 6.4 of the carbon market, which allows countries to trade carbon credits generated from emissions reductions. While these carbon market rules had been stuck in a deadlock for years, experts warned that rushing through these rules without adequate discussions can set a poor precedent for transparency and governance.
Brazil and UAE announced their updated Nationally Determined Contributions during the first week of COP29. Brazil’s target aims to reduce net emissions by 59-67 per cent by 2035 compared to 2005 levels, while UAE aims to achieve a reduction of 47 per cent by 2035 from its 2019 levels. Rudrath Avinashi from CSE’s Climate Change team writes about how the new targets fare, especially when compared to the countries’ projected fossil fuel production in the coming years.
A DTE-CSE assessment of extreme weather events in India has revealed that the country witnessed an 18 per cent rise in such events over just three years. Twenty-seven states and Union Territories saw a rise in extreme weather days in 2024, with Kerala having the most number of related deaths.
Lastly, the 2024 Global Carbon Budget report has stated that the global carbon budget to limit temperature rise to 1.5°C will be exhausted in six years. The report also highlights that fossil fuel CO2 emissions are on track to reach record highs in 2024, with gas emissions showing the highest growth rate.
|
|
|
| |
|
|
| |
 |
|
| |
By - Upamanyu Das
Climate Change, CSE
|
| |
|
|
|
|
| |
|
|
| |
| EXTREME WEATHER TRACKER |
| |
Deaths due to extreme weather events rose 18% in India in just 3 years: DTE-CSE analysis, 8 November 2024
|
|
 |
|
|
| |
|
|
| |
 |
|
2024 to cross 1.5°C, be hottest year on record, 8 November 2024
|
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
CLIMATE NEWS | SCIENCE| IMPACTS| POLITICS |
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
| Data Centre |
|
Online Training |
| |
|
|
|
|
|
|
|
|
| |
|
|
