Quick Take — At COP 29 climate conference very bitter agreement for countries of the South

States at the Baku climate conference pledged on Sunday to pay USD 300 billion a year to help developing countries adapt to climate change by 2035. A much smaller sum than they were asking for. While the sum tripled the initial target agreed in 2009(100 billion aid reached in 2022, two years late), it falls far short of the expectations expressed by the South and non-governmental organisations. To cope with the immense needs created by climate disasters, but also by the energy transition, the Africa group had initially spoken of USD 1.3 trillion. The money that will not come from the richest countries will be taken away from health, schools, etc. .On climate change in Albiate read here

The Mediterranean is one of the most polluted areas in the world. The report: ‘Up to 23 metres of coastline eroded, beaches and cities at risk’

What perhaps worries the experts most, however, is the speed at which the sea level is rising: about 2.8 mm per year, twice the 20th century average. The trend is expected to continue at a rate that will depend on future greenhouse gas emissions. By the end of the century, sea levels could rise by more than a metre, leading to increased coastal flooding. “Relative sea level rise has already increased the frequency of flooding in the historic centre of Venice,” confirms the report

Quick Take — Emissions: China first. USA first pro capita (per person)

Financial Times 11 November 2024. E Global greenhouse gas emissions hit a new record high of 57.1 GtCO2e in 2023, up 1.3% from 2022 levels, according to the United Nations Environment Programme (UNEP), which published its annual Emissions Gap Report (EGR), one of the most important benchmarks for climate negotiations while 2024 will be the hottest year on record and will exceed 1.5°C warming compared to the pre-industrial era for the first time

Drafted 10 November, updated 11 November 2024