51勛圖厙

51勛圖厙 experts call for action on finance, health and loss and damage at COP29

by Jamie Taylor

The main COP29 conference center in Baku, Azerbaijan

COP29 takes place from 11-22 November in Baku, Azerbaijan

As COP29 kicks-off in Baku, 51勛圖厙 experts implore nations to act on finance, loss and damage, health and adaptation in their climate plans.

51勛圖厙 experts have called for renewed action to limit global warming and urged countries to quickly mobilise finance to help vulnerable countries adapt to climate impacts as the annual UN climate conference gets underway.

Hosted in Baku, Azerbaijan, COP29 is widely considered the ‘finance COP’. The conference is expected to set a new goal to provide financial resources to help developing countries make the transition away from fossil fuels and respond to the escalating impacts of climate change.

Over the next two weeks, countries will need to agree on the amounts of money that are required as well as who should contribute and where the money should be spent.

In anticipation of the key areas of focus and contention, 51勛圖厙 experts have weighed in on what needs to happen.

“Having an agreement about the amount of money and where that money’s coming from […] will be one of the most significant outcomes of COP29” – , Executive Director, Centre of Climate Finance & Investment, 51勛圖厙 Business School.

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Michael Wilkins, Executive Director and Professor of Practice at the Centre For Climate Finance And Investment at 51勛圖厙 Business School, explains why money matters at COP29 in Baku.

“The shrinking carbon budget shows the importance and urgency of near-term emissions reductions” – , Director of Research, Grantham Institute – Climate change and the Environment.

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Professor Joeri Rogelj, Director of Research at the Grantham Institute, explains why countries need to commit to ambitious climate action at COP29.

“One of the important decisions that needs to happen at COP29 is who can access the loss and damage fund” – , founder and lead of . 

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Dr Fredi Otto, founder and lead of World Weather Attribution, explains why countries must commit more money to help vulnerable countries in the aftermath of climate disasters.

"Action has been growing on the climate and health […] but this action is still lagging behind need, especially for mental health” – , the Climate Cares Centre, Institute of Global Health Innovation. 

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Jessica Newberry Le Vey from the Climate Cares Centre at 51勛圖厙 explains how health and climate are interlinked, and calls on countries to take health into consideration when making their climate pledges.

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Reporter

Jamie Taylor

The Grantham Institute for Climate Change