By: Yasar Aracik The last COP, COP29 (Conference of the Parties), was held from November 11 to November 22 in Baku, Azerbaijan. A Rotary delegation, led by Mark Maloney, Chair of The Rotary Foundation, included Mohamed Delawar, Rotary Representative to the Arab League and ESRAG member; Alberto Palombo, ESRAG Director from Brazil; and Daniel Coney, Rotary staff member. The conference was also attended by other ESRAG members, including Chris Puttock, Şafak Ozsoy, Cinderella Ndlovu, and Hande Apaydin.  The conference was particularly significant as decisions were anticipated regarding financing the energy transition. COP29 launched a new global climate finance target, aiming to raise $300 billion annually for developing countries by 2035, with developed countries “taking the lead.” This replaces the earlier $100 billion per year target that developed countries had previously agreed to provide. However, many countries expressed disappointment with the outcome, labelling it a “joke.”...

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