2024 was noted for unprecedented global average temperatures, exceeding 1.5 degrees Celsius above preindustrial levels, jeopardizing the Paris Agreement.
This year's COP29 in Azerbaijan received considerable criticism due to the involvement of 1,700 fossil fuel lobbyists and hosting a petrostate.
Despite challenges, delegates agreed to a climate finance deal, committing $300 billion annually for developing countries by 2035, though far short of actual needs.
Advocates highlight ongoing energy transitions, where renewable energy costs are decreasing, and an anticipated peak in global carbon emissions could occur next year.
Experts argue for increased accountability and fairer contributions from the wealthy, emphasizing the need for equitable climate policies to combat the crisis effectively.
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