Analysts say the agreement lacks the ambition needed for an equitable energy transition in Indonesia and have expressed concern over high costs and complex negotiations stalling progress. Read more on Jakarta Post.
Jakarta, December 3, 2024 - The 29th Conference of the Parties on Climate Change (COP-29), originally expected to be a “Climate Finance” COP to support developing countries in climate mitigation and adaptation, produced decisions that did not meet expectations. Developed countries only agreed to mobilize USD 300 billion per year in climate finance by 2035,…