Baku's biggest legacy will be a reform of COP
Hindustan Times Jaipur|December 12, 2024
As cities across the world face the growing impacts of climate crises, with each season proving to be more erratic than the last, the latest edition of the United Nations' annual Conference of the Parties (COP) in Baku, Azerbaijan fell woefully short of meeting much-needed requirements for climate finance, and transitioning away from fossil fuels.
MARK WATTS, EXECUTIVE DIRECTOR OF C40 CITIES
Baku's biggest legacy will be a reform of COP

Mark Watts, the executive director of C40 Cities—a network of 100 international cities, including five from India—spoke to Shivani Singh about the efficacy of climate negotiation and its impact on cities in the Global South. Edited excerpts:

Has the underwhelming outcome of COP29 derailed the city climate agenda?

It has not derailed city climate action. There's so much dynamism and leadership on climate change at the city level—82% of our members are cutting emissions faster than their respective nation-states, and that's not going to stop.

Baku was a missed opportunity. The $300 billion in climate finance was much smaller than the absolute minimum we needed from a COP.

Baku's biggest legacy will probably be a significant reform of COPs, so we will see less focus on negotiation between national governments and more on implementation at all levels. This will probably be kicked off by cities coming to the next COP and showing what they've done in the last year to deliver against their Paris Agreement-compliant plans. There is a shift in the goalpost.

How is that shift going to happen?

We started seeing it at COP28, when the UAE invited subnational leaders to a massive gathering in the blue zone, an official space with ministers, prime ministers, and presidents at the start of the COP. What I'm arguing should happen is an evolution of that. COP needs to become an implementation forum. Hopefully, it will be delivered at COP30 [in Belém, Brazil].

This story is from the December 12, 2024 edition of Hindustan Times Jaipur.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 12, 2024 edition of Hindustan Times Jaipur.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM HINDUSTAN TIMES JAIPURView All
Hindustan Times Jaipur

We Need To Talk About Young Girls' Food Depression

Actor Rakul Preet Singh expresses concern over how a number of young girls are becoming anorexic and bulimic to meet tough beauty standards

time-read
2 mins  |
January 08, 2025
Hindustan Times Jaipur

Tough questions for India after two debacles in a row

A second series loss raises more questions than answers as head coach's performance comes under the lens

time-read
4 mins  |
January 08, 2025
Hindustan Times Jaipur

Gambhir, Sharma face BCCI scrutiny

India have lost six of their last eight Tests; they were saved by the weather in Brisbane while the Perth Test win was the only bright spot.

time-read
3 mins  |
January 08, 2025
Hindustan Times Jaipur

Govt Forecasts FY25 GDP Growth at 6.4%

India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5-7%.

time-read
1 min  |
January 08, 2025
Hindustan Times Jaipur

Nippon says there's no plan B to blocked US Steel deal

NIPPON'S PLANNED PURCHASE OF ITS US RIVAL WAS BLOCKED LAST WEEK BY THE US PRESIDENT BIDEN

time-read
2 mins  |
January 08, 2025
Hindustan Times Jaipur

Wagh Bakri Tea to Invest ₹100 Cr for New Mfg Unit

Ahmedabad-headquartered Wagh Bakri Tea Group will set up a new plant in Gujarat with an investment of over ₹100 crore to increase its raw material storage capacity and instant tea output, CEO Sanjay Singal said on Tuesday.

time-read
1 min  |
January 08, 2025
Hindustan Times Jaipur

Mkt Benchmarks Rebound After Two-Day Decline As Reliance, Icici Bank Rally

Benchmark equity indices Sensex and Nifty rebounded on Tuesday after a sharp decline in the previous two sessions, driven by intense buying in blue-chip stocks like Reliance Industries, ICICI Bank and L&T amid a firm trend in global markets.

time-read
1 min  |
January 08, 2025
Hindustan Times Jaipur

Car sales unexpectedly drop by 2% in December, says Fada

Indian car dealers clocked a surprise 2% drop in sales in December, with high year-end discounts boosting demand only for a handful of showroom owners, a dealers' body said on Tuesday.

time-read
1 min  |
January 08, 2025
Hindustan Times Jaipur

Duty Cut on Smartphone Parts to Hit Electronics Ecosystem, Jobs

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday.

time-read
1 min  |
January 08, 2025
Hindustan Times Jaipur

Infosys taps staff to build ideas factory

In a first, Infosys Ltd has asked employees to think out of the box and come up with new ideas that can be scaled up and offered to clients as part of a business incubator programme.

time-read
2 mins  |
January 08, 2025