The United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly known as COP29 has failed to develop any concrete document on NCQG and Just mechanism for energy transition.
UN climate boss Simon Stiell as the UN climate talks limp into a second week in Azerbaijan, the world is no closer to a finance deal for poorer countries that will determine the success or failure of COP29, he comments.
He said, "bluffing, brinkmanship and premeditated playbooks burn up precious time and run down the goodwill needed".
"The first week has gone...therefore we focus on the second week, we don't have any other option," Dr Ainun Nishat had said without elaborating.
"I am currently experiencing difficulty in articulating the developments from the first week of the negotiations. There appears to have been no significant advancement regarding climate financing as stipulated in Article 2.1c of the Paris Agreement, nor in the Guidance on Cooperative Approaches referenced in Articles 6.2 and 6.4.
The past week has been among the most intense multilateral negotiations I have encountered". Dr Shahriar Hossain, Senior Technical Adviser, Environment and Social Development Organization-ESDO and a Social Scientist commented.
"A successful outcome at COP29 is still within reach, but it will require leadership and compromise, namely from the G20 countries," UN Secretary-General Antonio Guterres said Sunday in Rio de Janeiro, where he is attending the G20 summit of the world's biggest economies.
"The spotlight is naturally on the G20. They account for 80 percent of global emissions," Guterres said, calling on the group to "lead by example."
Pavel Partha the delegate of Bangladesh from Bangladesh Resource Centre for Indigenous Knowledge (BARCIK) told the Daily Observer that a week had passed without strong and specific commitment from the global leaders to ensure climate justice. We now demand billions, not trillions of dollars in climate financing. Big polluting countries must pay this unconditionally to the most climate vulnerable and affected countries.
"Climate finance is to be paid as grants, not loans or debt. Carbon-credit or not a false solution, should ensure the adaptation of the indigenous peoples and local communities (IPLC) of global south and small island states and this fund to meet the loss and damage," he added.
"Nigeria does not have confidence or expectation of outcome from this COP," Dr Nkimka Maduekwe, DG National Council of Nigeria told the Daily Observer on the sideline of the meeting.
"Besides wide gap between the global north and south on the issue to be addressed during the negotiations there is a widening gap in trust that has further compounded the negotiation," he said.
Abul Kalam Azad, Manager, Just Energy Transition, Action Aid has said, at the end of the first week, there is yet to develop any concrete document on NCQG and Just transition including energy transition.
"The second week of COP29 negotiations will focus on addressing key issues such as NSQG, adaptation, and just transition, with a goal to streamline options and establish actionable strategies," according to him.
He said ensuring a robust sub-goal on adaptation finance and maintaining procedural hooks for just transition remain critical priorities to achieve concrete outcomes in global climate action.
Meanwhile, the UN's climate chief on Monday told countries at the deadlocked COP29 summit to "cut the theatrics", as pressure mounts on G20 leaders to deliver a breakthrough.
As the UN climate talks limp into a second week in Azerbaijan, the world is no closer to a finance deal for poorer countries that will determine the success or failure of COP29.
UN climate boss Simon Stiell said that "bluffing, brinkmanship and premeditated playbooks burn up precious time and run down the goodwill needed".
Government ministers at the negotiating table have until Friday to break the impasse over how to raise $1 trillion a year for developing countries to cope with global warming, he added.
The main task at COP29 is negotiating a new deal to provide developing countries enough money to cut emissions and build resilience against worsening climate shocks.
Climate-vulnerable nations want developed nations to commit at COP29 to substantially raising their existing pledge of $100 billion a year.
But donors say they cannot raise the money alone and the private sector must also be involved.
