COP29: First draft text panned but presidency hopeful for breakthrough
Briefly

Lídia Pereira emphasized that mitigation efforts must not be compromised, urging collaboration on climate change’s three pillars: mitigation, adaptation, and addressing loss and damage. She condemned any movement towards backtracking from the agreements made at COP28, particularly the imperative to transition from fossil fuels.
EU Commissioner Wopke Hoekstra criticized the unclear figures surrounding the climate finance goal as "unacceptable," signaling a necessity for transparency and accountability in climate finance contributions.
Pereira expressed optimism about the EU's intentions to enhance climate financing but stressed the need for clear commitments to prevent backtracking on previously established climate goals.
The COP 29 Presidency of Azerbaijan indicated that the draft negotiating text is still open to changes and future negotiations will aim to resolve existing ambiguities regarding contributions and commitments.
Read at euronews
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