At COP29 in Baku, Azerbaijan’s lead negotiator Yalchin Rafiyev stated that no formal objections were made to the New Collective Quantified Goal decision, despite India’s protests. The goal is set at $300 billion per year by 2035 for climate action in developing countries, with developed nations expected to lead contributions. The negotiations faced significant challenges and tensions but ultimately sought to strengthen global climate commitments.
During COP29 in Baku, Lead Negotiator Yalchin Rafiyev indicated that there was no formal opposition to the decision on the New Collective Quantified Goal (NCQG). Despite significant tension, particularly from India, Rafiyev emphasized that all parties had a chance to participate in reaching the agreement, which established a target of at least $300 billion annually by 2035 for climate action in developing countries, with developed nations expected to lead funding efforts.
India voiced its objections to the process, claiming a lack of opportunity to present its views prior to the decision being adopted. Several developing countries and groups, including the Like-Minded Developing Countries and Nigeria, supported India’s stance that the decision did not adequately reflect the priorities of the Global South. Nevertheless, Rafiyev maintained that no party expressed dissent prior to the finalization of the NCQG decision.
Rafiyev highlighted the challenges faced during COP29, including numerous elections worldwide, impacting governmental stances on climate action. He stated, “When we are together collectively, we manage to get the results…” He noted that the conference achieved significant outcomes aside from the NCQG, such as progress on operationalizing the loss and damage fund and developing high-integrity carbon markets.
In discussing the United States’ withdrawal from the Paris Agreement, Rafiyev reaffirmed the collective nature of the NCQG target, aimed at fostering long-term commitment rather than immediate political cycles. Furthermore, he hailed the emerging leadership of both China and the UK in directing climate dialogue. He underscored that the increase to a $300 billion goal was a result of collaborative negotiation efforts and reflected a commitment from developing nations to climate issues.
In summary, the COP29 discussions on the New Collective Quantified Goal, although marred by contention, concluded without formal objections. Yalchin Rafiyev asserted the collaborative nature of the agreement while India and other developing nations expressed concerns regarding representation. The outcome aimed to address climate funding significantly, with challenges noted in coordinating international efforts. Ultimately, the negotiations have set a trajectory for future climate action amidst evolving political landscapes.
Original Source: www.hindustantimes.com
