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Bonn Talks Fall Short on Climate Finance and Emissions Targets

The outcome in Bonn hands the COP30 presidency a stark mandate to salvage funding commitments alongside sharp emission reduction goals

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Zum Abschluss der UN-Klimazwischenverhandlungen in Bonn haben Nichtregierungsorganisationen die Fortschritte als viel zu gering kritisiert.

Overview

  • The Bonn session produced only technical clarifications and lacked agreement on climate finance and greenhouse gas reduction targets, leaving major disputes unresolved
  • Developing countries are pressing for $1.3 trillion in annual climate finance by 2035, far above the $300 billion pledged under the 2023 Baku deal
  • Countries responsible for 79 percent of global emissions have missed the February deadline to submit updated national climate plans, with only 23 plans received so far
  • UN Climate Chief Simon Stiell warned that the remaining carbon budget for limiting warming to 1.5 °C will be exhausted in three years at current emission rates
  • Political obstacles emerged as Germany cut its development aid budget and the US skipped the Bonn conference for the first time in over 30 years