UN Climate Summit Starts Week Two With Uphill Battle

Negotiations at the UN climate summit in Baku, Azerbaijan, enter their second week today with a slew of unfinished agenda items.

Why it matters: A failure to arrive at a new and far-reaching annual funding target for climate funding directed at the developing world — which climate impacts are hitting the hardest — could have knock-on effects for years.

• It could also call into question the utility of the UN climate process.

Zoom in: Also deadlocked are talks to move forward from the historic agreement at COP28 in Dubai, when countries committed to transition “away from fossil fuels in energy systems.”

• Negotiators from many nations, including the U.S., are seeking to at the very least repeat that language, if not state more specific steps.
• However, some countries are opposing this.