COP29

Collective target to deliver six-fold increase in global energy storage capacity among flurry of energy initiatives officially unveiled in Baku as crunch UN climate talks move into second week

Slimmed down draft negotiating text on key collective climate finance target comes as Ministers prepare to arrive in Baku for second week of crunch talks

BusinessGreen Editor’s Briefing: COP29

BusinessGreen rounds up the most widely read stories on the site this week

Frustrations grow at Baku Summit, as leading former diplomats declare COP process is 'no longer fit for purpose'

Negotiations over new collective climate finance goal remain at an impasse in Baku, as report claims proposed $1tr by 2030 target is both feasible and cost effective

Antonio Guterres reiterates call for companies, financial firms, cities, and regions to develop credible, 1.5C-aligned transition plans ahead of COP30 Climate Summit next year in Brazil

Annual analysis of global climate action warns governments are 'failing to bend the curve' as the world edges ever closer to dangerous temperature thresholds

Despite warm words and some encouraging funding pledges, the first phase of talks in Baku have made little progress towards agreeing a new global climate finance target

Securing climate finance on the necessary scale relies on unlocking private investment in climate solutions and change in the real economy, write WWF's Manuel Pulgar Vidal and Aaron Vermeulen