Author: Mariya Aleksandrova

Photo: Group Photo of the World leaders at the United Nations Climate Change Conference on 12 November 2024 in Baku, Azerbaijan, Opening Ceremony of World Leaders Climate Action Summit

It Ain’t Over Till It’s Over: COP29’s Decision on the New Climate Finance Goal – the Fine Line Between Compromise and Compromising

When the gavel went down in the early hours of Sunday morning in Baku and a decision was reached on the new collective quantified goals (NCQG) on climate finance it caused as much relief as disbelief in the room. The European Union (EU), represented by EU climate commissioner Woepke Hoekstra, praised the decision as “a…