Cop29 bound ministers must accept planet’s future rests on their shoulders 

A just transition is in everyone’s interests despite the immediate costs, says Karol Balfe, but weaning the Global North off capitalist solutions is a mammoth task

The push to get an agreement on $1tn per year of climate finance at Cop29 is still way below what is required. Picture: Peter Dejong/AP

It’s been a week of intense negotiations in Azerbaijan for Cop29. Billed as the finance Cop, discussions on the New Collective Quantified Goal (a financial target to support developing countries in their climate actions after 2025) are at the heart of what needs to be agreed before this crucial climate summit concludes. 

The coming days are make or break for all our futures.