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illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:
🗞️ Driving the news: The Bonn Climate Change Conference, running from June 3 to 13, serves as a crucial mid-year meeting to prepare for COP29 in Baku, Azerbaijan, this November
• Around 6,000 participants from 198 countries will discuss major environmental issues to pave the way for significant decisions at COP29
🔭 The context: Hosted by the United Nations Framework Convention on Climate Change (UNFCCC), this conference focuses on negotiating mechanisms to implement previous COP agreements
• Key topics include climate finance, national climate action plans, just transition away from fossil fuels, and national adaptation plans
🌍 Why it matters for the planet: The outcomes of the Bonn conference will shape the agenda and agreements at COP29, influencing global climate policies
• Effective negotiations here are essential for setting new climate finance goals and addressing loss and damage funding, critical for supporting developing nations in mitigating and adapting to climate impacts
⏭️ What's next: Participants will work on finalizing draft conclusions to be recommended at COP29
• Key issues include setting post-2025 climate finance targets, integrating the global fossil fuel phase-out pledge into Nationally Determined Contributions (NDCs), and interpreting the Global Stocktake outcomes to keep global warming within 1.5°C
💬 One quote: "The EU must be a driving force for agreeing a robust new climate finance goal for post-2025 that centres public finance and is needs-based, fair and equitable," says Emilia Runberg, Climate & Development Policy Coordinator at CAN Europe
📈 One stat: Approximately 6,000 people, including national delegations and civil society groups, are attending the Bonn Climate Change Conference
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