As the dust settles after COP29 in Baku, Azerbaijan, IIED’s executive director Tom Mitchell reflects on a ‘squandered opportunity’ to address the climate emergency and calls for reform of the COP process, to ensure adaptation and loss and damage finance reach those who most need it.COP29 in Baku will be remembered as a squandered opportunity to turn promises of climate action into reality. Despite being framed as the 'Finance COP', the outcomes reveal a deepening chasm between rhetoric and action.
