“Clearly unacceptable”These are the words used by the European Commissioner for Climate Action, Wopke Hoekstra, to describe the 10-page text published on the morning of November 21 (in Spanish) by the Presidency of the 29th Conference of the Parties (COP29) of the United Nations. On climate change. draft arrived late – The planned ‘delivery date’ has passed – and with a clear lack of precision regarding climate financing.
For her part, Spain’s chief negotiator and general director of the Spanish Climate Change Office, Valvanera Ulargui, is also clear in her reading: “We cannot give a positive evaluation”And, he admitted at a press conference in Baku (Azerbaijan), “the lessons are not balanced.”
However, he says, “There has been a lot of progress in elements like adaptation, gender or just transition, which are very important to us and on Monday they were stuck.” However, Ulargui points out, Key pillars – mitigation and financing – to keep planetary temperatures from rising beyond 1.5 degrees Celsius – “are not acceptable”
,“We have been very clear from the beginning: We need A concrete result on mitigation This goes beyond what was agreed in Dubai last year,” Valvanera stressed. For their part, the financing reassures neither the Spanish nor the European Delegation: “We do not see the text as an attempt at compromise”,
text in 6 keys
- Figures. The draft does not include specific investment objectives, even limits or different options.
- Contributor base. Various options are offered for countries to decide whether to participate in the investment, but without specifying anything.
- AdaptationCommits countries to do so through subsidies.
- revision. It has been suggested that the commitments should be reviewed before 2031.
- Small island states and less developed countries. Special reference is made to essential financing for the most vulnerable countries.
- Quality of financing. The focus is on subsidies, so that they are given priority over loans and private financing. However, they are optional and not mandatory.
Responses to Plenary Session
Linda Culture of Strategic PerspectiveHave been one of the first to respond to the COP29 draft: “This text This seems like a betrayal by the President.Who should know more meeting points than what they are showing. “It is also clear that countries in the Global North are not putting all their cards on the table and are playing some tricks.”
Secretary General of the United Nations, Antonio Guterres, Upon arriving in Baku he said clearly and clearly: “I make a direct appeal to ministers and negotiators: soften the hard stance. Find a way to resolve your differences. And don’t forget the bigger picture.” Specifically, “Don’t forget what’s at stake.”
for GuterresThis COP should provide “justice in the face of climate disaster”The Secretary-General of the United Nations also recalls that “Financing is an investment in avoiding the catastrophe that climate change will bring to all of us.”
For its part, WWF says that “the lack of an ambitious climate finance target is a worrying sign.” Stephen Cornelius, Deputy Director of Climate and Energy at WWF International, Emphasizes that “the text is being shortened, but the time has come to reach a final agreement.”
The sentiment in Baku is unanimous: Negotiators will have to pick up the pace otherwise no agreement will be reached. There is a lot of anger, especially among countries that are already working to reduce their emissions. And the commitment made in Dubai last year to leave fossil fuels behind is neither being developed nor negotiated.
In this regard, a representative of Peru has assured Guardian Any attempt to move forward in this sense is met with “silence or a complete blockade”. British media colleagues in Baku say Saudi Arabia is one of the main culprits of the situation.
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