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India's delegation expressed outrage at COP29 over the swift adoption of a USD 300 billion climate-finance package, which they deemed "unfair" and "stage-managed." Adviser Chandni Raina criticized the amount as "abysmally poor" compared to the USD 1 trillion needed annually by developing countries, highlighting concerns over the sources of funding and the voluntary nature of contributions.
India's strong rejection of the climate finance deal at COP29 highlights its commitment to advocating for the Global South, demanding higher support from wealthy nations. The agreed $300 billion annual target by 2035 falls short of the $1 trillion sought by developing countries, reflecting ongoing frustrations over inadequate financial commitments for climate action. India's stance signals a broader call for richer nations to fulfill their responsibilities, as developing countries face increasing pressures to transition to low-carbon pathways without sufficient support.
Malawi is set to construct its first battery-energy system to enhance grid resilience against cyclones that have impacted the nation. The project, supported by the Global Energy Alliance for People and Planet with up to $20 million, aims for completion next year, with contributions from the Malawian government and state utility ESCOM.
At COP29 in Baku, the WHO announced the formation of the "Baku COP Presidencies Continuity Coalition for Climate and Health," aimed at integrating health into future climate discussions. Despite this progress, the coalition"s non-binding commitments fall short of addressing the urgent health impacts of climate change, with civil society demanding $5 trillion in annual funding to combat these issues. As nations grapple with limited resources, the disparity between global rhetoric and actionable support remains a significant concern.
Negotiators at COP29 are struggling to agree on a climate finance target, with proposals ranging from $100 billion to $2 trillion annually. Wealthy nations are hesitant to commit to significant increases, while developing countries demand more transparency and grants rather than loans. The outcome of these discussions is critical for future climate action, especially as the U.S. faces potential shifts in leadership that could impact funding commitments.
The WHO and COP29 hosts have urged countries to adopt health-focused Nationally Determined Contributions (NDCs) as global fossil fuel emissions hit record highs. Despite the health crisis linked to climate change, funding for health initiatives remains below 1% of climate finance, with many nations failing to heed warnings about the impacts of extreme weather on public health. The newly launched Continuity Coalition aims to enhance coordinated action on health and climate, emphasizing the urgent need for a transition to renewable energy and improved health infrastructure.
A study co-funded by the African Development Bank reveals that health technology innovations could enhance healthcare delivery and management across Africa, promoting universal health coverage and supporting the UN Sustainable Development Goals. The report outlines challenges such as fragmented health data systems and complex licensing processes, while recommending policy improvements and stakeholder collaboration to accelerate healthtech development. Dr. Babatunde Omilola highlights the report's significance in guiding governments to foster an environment conducive to innovative health solutions.
Golomoti Solar's 10MWh battery storage facility in Malawi marks a significant step in stabilizing Africa's energy grid, reducing reliance on diesel and hydro power. With advancements in battery technology making solutions more affordable, countries like Egypt, Ghana, and Nigeria are joining efforts to deploy 5GW of energy storage by 2027, aiming to enhance energy access and stimulate local economies. The Emerging Africa Infrastructure Fund's investments are crucial in addressing the continent's energy storage challenges and unlocking its renewable potential.
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India condemns unfair climate finance deal at COP29 amid diplomatic tensions
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13:59 01.12.2024
India rejects climate finance deal at COP29 demanding greater support for Global South
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16:35 25.11.2024
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climate finance negotiations face challenges as countries seek funding commitments
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world health organization urges nations to prioritize health in climate commitments
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health tech innovations could transform healthcare access in Africa
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africa's renewable energy potential hinges on investment in battery storage systems
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16:33 15.10.2024
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