The China Mail - World leaders meet for climate talks, but big names missing

USD -
AED 3.672498
AFN 63.500465
ALL 83.283733
AMD 367.003219
ANG 1.790403
AOA 917.000184
ARS 1471.035205
AUD 1.449338
AWG 1.80125
AZN 1.689175
BAM 1.724577
BBD 2.013888
BDT 122.992813
BGN 1.69088
BHD 0.377147
BIF 2984.81535
BMD 1
BND 1.298984
BOB 6.909809
BRL 5.201836
BSD 0.999934
BTN 94.624111
BWP 13.680173
BYN 2.818068
BYR 19600
BZD 2.01104
CAD 1.423225
CDF 2268.99975
CHF 0.81263
CLF 0.023263
CLP 915.590329
CNY 6.790496
CNH 6.81352
COP 3428.35
CRC 455.186766
CUC 1
CUP 26.5
CVE 97.22259
CZK 21.37625
DJF 178.061717
DKK 6.592015
DOP 58.613453
DZD 133.528416
EGP 49.636698
ERN 15
ETB 161.211774
EUR 0.88182
FJD 2.24825
FKP 0.758197
GBP 0.759805
GEL 2.645016
GGP 0.758197
GHS 11.199781
GIP 0.758197
GMD 72.49805
GNF 8761.518452
GTQ 7.627362
GYD 209.162776
HKD 7.840295
HNL 26.755726
HRK 6.640898
HTG 130.744947
HUF 314.087979
IDR 17976
ILS 2.984749
IMP 0.758197
INR 94.412
IQD 1309.878094
IRR 1375049.999798
ISK 126.810208
JEP 0.758197
JMD 157.488647
JOD 0.708978
JPY 161.677495
KES 129.590162
KGS 87.449821
KHR 4017.494974
KMF 430.999856
KPW 900.00035
KRW 1546.34502
KWD 0.30947
KYD 0.833297
KZT 486.623047
LAK 21948.961236
LBP 89556.012134
LKR 337.341005
LRD 182.134827
LSL 16.623945
LTL 2.95274
LVL 0.60489
LYD 6.430933
MAD 9.401479
MDL 17.709096
MGA 4177.101337
MKD 54.353625
MMK 2099.539901
MNT 3580.066416
MOP 8.076099
MRU 39.982188
MUR 48.209966
MVR 15.45971
MWK 1733.881812
MXN 17.6195
MYR 4.137977
MZN 63.902143
NAD 16.623945
NGN 1372.679674
NIO 36.797319
NOK 9.83835
NPR 151.394749
NZD 1.772154
OMR 0.384501
PAB 0.999965
PEN 3.391297
PGK 4.386951
PHP 61.5525
PKR 278.100478
PLN 3.78105
PYG 6099.351442
QAR 3.635217
RON 4.618803
RSD 103.50701
RUB 74.893431
RWF 1468.89467
SAR 3.754889
SBD 8.065041
SCR 13.65272
SDG 600.499082
SEK 9.77475
SGD 1.29826
SHP 0.746601
SLE 24.750204
SLL 20969.503664
SOS 571.478959
SRD 37.482989
STD 20697.981008
STN 21.603509
SVC 8.749173
SYP 110.532098
SZL 16.621989
THB 33.430499
TJS 9.284423
TMT 3.51
TND 2.972467
TOP 2.40776
TRY 46.49775
TTD 6.780184
TWD 31.733017
TZS 2620.502978
UAH 44.88455
UGX 3689.350352
UYU 39.918699
UZS 12024.108178
VES 616.865275
VND 26335
VUV 118.798432
WST 2.761642
XAF 578.424923
XAG 0.016838
XAU 0.000248
XCD 2.70255
XCG 1.802141
XDR 0.716966
XOF 578.417273
XPF 105.162912
YER 238.649503
ZAR 16.61355
ZMK 9001.202706
ZMW 18.024056
ZWL 321.999592
  • RYCEF

    -0.4700

    18.16

    -2.59%

  • NGG

    -0.1350

    81.435

    -0.17%

  • GSK

    -0.2600

    51.81

    -0.5%

  • RIO

    -1.2160

    94.364

    -1.29%

  • VOD

    -0.1250

    13.925

    -0.9%

  • RELX

    0.1450

    31.355

    +0.46%

  • BCE

    -0.0500

    22.99

    -0.22%

  • CMSC

    0.0300

    22.14

    +0.14%

  • AZN

    2.4050

    183.425

    +1.31%

  • JRI

    0.0580

    12.688

    +0.46%

  • BCC

    4.2700

    76.07

    +5.61%

  • CMSD

    0.0100

    21.97

    +0.05%

  • BTI

    0.3850

    61.125

    +0.63%

  • BP

    -1.1500

    38.18

    -3.01%

  • RBGPF

    0.9600

    61.3

    +1.57%

World leaders meet for climate talks, but big names missing
World leaders meet for climate talks, but big names missing / Photo: © AFP

World leaders meet for climate talks, but big names missing

Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate talks where the impact of Donald Trump's election victory is keenly felt.

Text size:

More than 75 leaders are expected in Baku over two days but the heads of some of the most powerful and polluting economies are not attending this year's summit.

Just a handful of leaders from the G20 -- which accounts for nearly 80 percent of planet-heating greenhouse gas emissions -- are expected in Baku, including UK Prime Minister Keir Starmer.

"This government believes that climate security is national security," his Energy Secretary Ed Miliband said on X on Monday.

Joe Biden, Xi Jinping, Narendra Modi and Emmanuel Macron are among G20 leaders missing the event, where uncertainty over future US unity on climate action hung over the opening day.

Washington's top climate envoy sought to reassure countries in Baku that Trump's re-election would not end US efforts on global warming, even if it would be "on the back burner".

UN climate chief Simon Stiell also appealed to solidarity, kicking talks off on Monday by urging countries to "show that global cooperation is not down for the count".

But the opening day got off to a rocky start, with feuds over the official agenda delaying by hours the start of formal proceedings in the stadium venue near the Caspian Sea.

Later in the evening, governments approved new UN standards for a global carbon market in a key step toward allowing countries to trade credits to meet their climate targets.

COP29 president Mukhtar Babayev hailed a "breakthrough" after years of complex discussions, but more work is needed before a long-sought UN-backed market can be fully realised.

- Difficult negotiations -

The top priority at COP29 however is landing a hard-fought deal to boost funding for climate action in developing countries.

These nations -- from low-lying islands to fractured states at war -- are least responsible for climate change but most at risk from rising seas, extreme weather and economic shocks.

Some are pushing for the existing pledge of $100 billion a year to be raised ten-fold at COP29 to cover the future cost of their nations shifting to clean energy and adapting to climate shocks.

Babayev, a former oil executive, told negotiators that trillions may be needed, but a figure in the hundreds of billions was more "realistic".

Nations have haggled over this for years, with disagreements over how much should be paid, and who should pay it, making meaningful progress next to impossible ahead of COP29.

"These will not be easy negotiations, perhaps the most challenging since Paris," said Germany's climate negotiator Jennifer Morgan.

Developing countries warn that without adequate finance, they will struggle to offer ambitious updates to their climate goals, which countries are required to submit by early next year.

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states, something firmly rejected by Beijing.

Stiell warned rich countries to "dispense with any idea that climate finance is charity".

Around 50,000 people are attending summit in Azerbaijan, a petrostate wedged between Russia and Iran, including the leaders of many African, Asian and Latin American countries beset by climate disasters.

R.Lin--ThChM