Discovering one trillion {dollars} at Cop29 – podcast

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Discovering one trillion {dollars} at Cop29 – podcast

Azerbaijan, a petrostate with an economic system constructed on oil and gasoline, is internet hosting Cop29, the United Nations local weather convention. It’s a controversial selection, however is there hope to be discovered at this 12 months’s summit?

The primary goal of Cop29 is getting richer nations to comply with inject local weather finance into growing international locations. “Everybody’s focus is on $1tn [£774bn],” the Guardian’s atmosphere editor, Damian Carrington, tells Helen Pidd. “Which appears like a loopy large quantity. Personally, truly, I believe it’s a discount.

“Misplaced lives, destroyed livelihoods, broken properties, companies, farms disappearing and all the remainder of it. The impression of all of that, significantly in financial phrases, will likely be approach, approach greater than the sum of money that it could require to keep away from that.”

Will international locations attain a deal on finance to fight the devastating impression of the local weather disaster?

“It requires all people to behave in live performance, and making an attempt to try this among the many world’s 200 or so international locations, or with their completely different political programs and objectives and aspirations and rivalries and so forth – is basically powerful,” says Carrington.

Assist the Guardian immediately: theguardian.com/todayinfocuspod

{Photograph}: Aziz Karimov/Reuters

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