COP29's last-minute deal is a miracle and a mess
Zero: The Climate Race
Bloomberg
4.7 • 219 Ratings
🗓️ 24 November 2024
⏱️ 28 minutes
🔗️ Recording | iTunes | RSS
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Summary
It went well past the official deadline, late into the night – but finally, COP29 ended with a deal. Hardly anyone felt victorious. Back from Baku, reporter Akshat Rathi tells producer Mythili Rao why the agreed on New Climate Quantified Goal of $300 billion made both developed and developing countries unhappy, and he shares what heads of state and ministers from Denmark to Mauritania and Indonesia to Israel had to tell Zero about this year’s conference.
Explore further:
- Past episode about COP29 President Mukhtar Babayev’s challenges in Baku
- Past episode about why climate finance fights were expected to dominate COP29
- Past episode with Brazil’s climate secretary about the country’s vision for COP30
Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks to Siobhan Wagner, Sharon Chen, Jen Dlouhy, Alfred Cang, John Ainger, Natasha White, Will Kennedy, Rakteem Katakey, and Aaron Rutkoff. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | Welcome to Zero. I am Akshad Rati. |
| 0:02.7 | And I'm Mithili Rao. This week, COP29's big, messy deal. |
| 0:19.1 | Akshut, COP 29 is is over and we have a deal. |
| 0:22.9 | I was only there for the first week, so I've had a week to recover, but you've come straight to the studio directly from the airport. |
| 0:30.6 | How the heck are you? |
| 0:32.6 | Exhausted, but we know this is how it ends. |
| 0:36.4 | This is my fourth cop, so I was a little bit prepared that we are going to have an all-nighter |
| 0:42.3 | and we are going to be waiting for a bit and we are going to be chasing for quite a bit |
| 0:47.1 | and we don't know how it ends. |
| 0:50.8 | We are going to have to pick the pieces once everything is done. Seems there was at least |
| 0:57.8 | a big deal, but not as much progress as people had hoped. We're going to get into the specifics |
| 1:03.9 | of what's in that deal and whether it's a good deal. But first, I think it's worth returning to the |
| 1:09.6 | question we laid out on the very |
| 1:11.0 | first day of the conference about whether Azerbaijan was going to be up to the task of leading |
| 1:16.0 | the summit in the first place. This was my first cop, and there was a lot that impressed me about |
| 1:21.0 | how things were run in Baku. Things went smoothly at the venue, the shuttle buses to and from the |
| 1:27.3 | Baku Olympic Stadium were very punctual. |
| 1:29.3 | Things seemed organized, pretty reliable. |
| 1:32.3 | The city seemed ready for this influx of visitors. |
| 1:35.3 | The tourist district of old city Baku was very charming, ready for people. |
| 1:41.3 | Overall, how would you rate Azerbaijan's performance as cop? You're right. The logistics |
| 1:46.0 | were better than most cops. It is not easy to suddenly have an influx of 50,000 people who are all |
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