by Rim Berahab, Senior Economist, Policy Center for the New South,

Sabrine Emran, Economist, Policy Center for the New South

& Amal El Ouassif, Senior International Specialist, Policy Center for the New South

As COP29 unfolds in Baku, many critical climate issues are discussed and debated. This year’s conference is a pivotal moment for global climate action. Key topics on the agenda include the operationalization of the Loss and Damage Fund, the complexities of Article 6, and the human dimension of climate change, particularly migration and displacement. With a strong focus on finance, COP29 aims to scale up financial commitments and bridge gaps in resources and equity, setting the stage for more effective global climate action.