This is an archive article published on November 22, 2024
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COP29: As deadline looms, nations, blocs reject draft negotiating text

Several countries, including India and Saudi Arabia, objected to references being made to one particular paragraph in GST which had asked all countries to transition away from fossil fuels, triple renewable energy by 2030, reduce emissions of non-CO2 gases including methane, and phase-down coal, among other things.

COP29: As deadline looms, nations, blocs reject draft negotiating textIndia says can’t accept ‘attempt to shift focus to mitigation’
Written by: Amitabh Sinha
3 min readBakuNov 22, 2024 08:06 AM IST First published on: Nov 22, 2024 at 04:20 AM IST

A day before the scheduled close of talks, the COP29 meeting in Azerbaijan’s Baku stared at a major crisis Thursday with almost every country and bloc rejecting the latest draft negotiating text, not just on finance — the main focus of this conference — but on every other negotiating track.

While differences over the finance agreement prompted most of the objections to the draft negotiating texts Thursday, particularly from the developing countries, major disagreements came to the fore on other issues as well, including mitigation and adaptation. But the biggest issue was regarding the right approach in which the decisions taken in the Global Stock Take (GST) in Dubai last year could be followed upon in this year’s agreement. This issue cropped up at the start of the conference as well, and delayed the adoption of the agenda for hours.

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