Camille Naredo

Members of various multi-sectoral groups head to Elliptical Road on December 9, 2023 to call on governments and decision-makers to address the threat of climate change and rising global temperature during the Global Day of Action for Climate Justice. Maria Tan, ABS-CBN News/File

Members of various multi-sectoral groups head to Elliptical Road on December 9, 2023 to call on governments and decision-makers to address the threat of climate change and rising global temperature during the Global Day of Action for Climate Justice. Several mass actions were held around 55 areas in the Philippines to add to the “chorus of global voices” on the planet’s climate as COP28 winds down and enters negotiations in Dubai. Maria Tan, ABS-CBN News

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CLIMATE

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/173244516644120240902-tropical-depression-enteng-cainta-JC-0699.jpg" style="width:960px" class="fr-fic fr-dib" alt="People navigate the flood in different ways as intense rain brought by tropical storm Enteng inundates large portions of Cainta, Rizal on September 2, 2024. Jonathan Cellona, ABS-CBN News/File"/><span class="fr-inner" style="text-align:left">People navigate the flood in different ways as intense rain brought by tropical storm Enteng inundates large portions of Cainta, Rizal on September 2, 2024. <em>Jonathan Cellona, ABS-CBN News/File</em></span></span></span>BAKU, Azerbaijan -- The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.</div><p>After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations pushed through the contentious finance pact in the early hours in a sports stadium in Azerbaijan.</p><p>But the applause had barely subsided when India delivered a full-throated rejection of the &quot;abysmally poor&quot; deal, kicking off a firestorm of criticism from across the developing world.</p><p>&quot;It&#x27;s a paltry sum,&quot; thundered India&#x27;s delegate Chandni Raina.</p><p>&quot;This document is little more than an optical illusion. This, in our opinion, will not address the enormity of the challenge we all face.&quot;</p><p>Sierra Leone&#x27;s climate minister Jiwoh Abdulai said it showed a &quot;lack of goodwill&quot; from rich countries to stand by the world&#x27;s poorest as they confront rising seas and harsher droughts.</p><p>Nigeria&#x27;s envoy Nkiruka Maduekwe put it even more bluntly: &quot;This is an insult.&quot;</p><p>Some countries had accused Azerbaijan, an oil and gas exporter, of lacking the will to meet the moment in a year defined by costly climate disasters and on track to become the hottest on record.</p><p>But at protests throughout COP29, developed nations -- major economies like the European Union, the United States and Japan -- were accused of negotiating in bad faith, making a fair deal impossible.</p><p>Developing nations arrived in the Caspian Sea city of Baku hoping to secure a massive financial boost from rich countries many times above their existing pledge of $100 billion a year.</p><p>Tina Stege, climate envoy for the Marshall Islands, said she would return home with only a &quot;small portion&quot; of what she fought for, but not empty-handed.</p><p>&quot;It isn&#x27;t nearly enough, but it&#x27;s a start,&quot; said Stege, whose atoll nation homeland faces an existential threat from creeping sea levels.</p><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/world/2024/11/23/no-climate-deal-better-than-bad-one-say-ngos-at-cop29-1510">READ: No climate deal better than &#x27;bad&#x27; one, say NGOs at COP29</a></div><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/nation/2024/11/21/filipino-farmers-workers-bring-issues-to-cop-29-1807">READ: Filipino farmers, workers bring issues to COP 29</a></div><div><strong>- No time to celebrate -</strong></div><div><script data-wid="auto" type="text/javascript" src="https://content.viralize.tv/display/?zid=AAEyze-tm4MR6kEa&amp;cid=ABQ0ycWsue84X0x4&amp;activation=click&amp;vip_mode=playing&amp;vip_position=bottom-right"></script></div><p>Nations had struggled at COP29 to reconcile long-standing divisions over how much developed nations most accountable for historic greenhouse gas pollution should provide to poorer countries least responsible but most impacted by Earth&#x27;s rapid warming.</p><p>The meeting also saw stalling on the promise to &quot;transition away&quot; from fossil fuels, the main driver of global heating.</p><p>That pledge, a key achievement of COP28 in Dubai, was scrubbed from the final Baku deal.</p><p>The Least Developed Countries bloc of 45 nations slammed the COP29 outcome as a &quot;travesty&quot;, adding that it failed to make progress on curbing warming, or deliver enough cash to protect the most vulnerable.</p><p>&quot;This is not just a failure; it is a betrayal,&quot; the group said in a statement.</p><p>Nations have agreed to try to limit temperature rise to 1.5 degrees Celsius above preindustrial times. Currently the world is on track for devastating warming of between 2.6C and 3.1C this century, according to the UN.</p><p>UN Secretary-General Antonio Guterres said he had &quot;hoped for a more ambitious outcome&quot; and appealed to governments to see it as a starting point.</p><p>Developed countries only put the $300 billion figure on the table on Saturday after COP29 went into extra time and diplomats worked through the night to improve an earlier spurned offer.</p><p>Bleary-eyed diplomats, huddled anxiously in groups, were still polishing the final phrasing on the plenary floor in the dying hours before the deal passed.</p><p>UK Energy Secretary Ed Miliband hailed &quot;a critical eleventh-hour deal at the eleventh hour for the climate&quot;.</p><p>At points, the talks appeared on the brink of collapse.</p><p>Delegates stormed out of meetings, fired shots across the bow, and threatened to walk away from the negotiating table should rich nations not cough up more cash.</p><p>In the end -- despite repeating that &quot;no deal is better than a bad deal&quot; -- developing nations did not stand in the way of an agreement.</p><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/business/2024/11/13/cop29-climate-disaster-fund-for-poor-countries-ready-901">READ: COP29: Climate disaster fund for poor countries &#x27;ready&#x27;</a></div><div><strong>- &#x27;Historic&#x27; -</strong></div><div><strong><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/173244519916220231209-global-day-f-action-for-climate-justice-MT-13.jpg" style="width:960px" class="fr-fic fr-dib" alt="Members of various multi-sectoral groups head to Elliptical Road on December 9, 2023 to call on governments and decision-makers to address the threat of climate change and rising global temperature during the Global Day of Action for Climate Justice. Maria Tan, ABS-CBN News/File"/><span class="fr-inner" style="text-align:left">Members of various multi-sectoral groups head to Elliptical Road on December 9, 2023 to call on governments and decision-makers to address the threat of climate change and rising global temperature during the Global Day of Action for Climate Justice. <em>Maria Tan, ABS-CBN News/File</em></span></span></span></strong>US President Joe Biden cast the agreement reached in Baku as a &quot;historic outcome&quot;.</div><p>EU climate envoy Wopke Hoekstra said it would be remembered as &quot;the start of a new era for climate finance&quot;.</p><p>The agreement commits developed nations to pay at least $300 billion a year by 2035 to help developing countries cut emissions and prepare for worsening disasters.</p><p>It falls short of the $390 billion that economists commissioned by the United Nations had deemed a fair share contribution by developed nations.</p><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/world/2024/11/20/rich-nations-pressed-to-put-money-on-table-at-un-climate-talks-0718">READ: Rich nations pressed to put money on table at UN climate talks</a></div><p>The US and EU pushed to have newly wealthy emerging economies like China -- the world&#x27;s largest emitter -- chip in.</p><p>Wealthy nations said it was politically unrealistic to expect more in direct government funding at a time of geopolitical uncertainty and economic belt-tightening.</p><p>Donald Trump, a skeptic of both climate change and foreign assistance, was elected just days before COP29 began and his victory cast a pall over the UN talks.</p><p>Other countries, particularly in the EU -- the largest contributor of climate finance -- saw right-wing backlashes against the green agenda, not fertile conditions for raising big sums of public money.</p><p>The final deal &quot;encourages&quot; developing countries to make contributions on a voluntary basis, reflecting no change for China, which already provides climate finance on its own terms.</p><p>The deal also posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources.</p><div><strong>© Agence France-Presse</strong></div>

<p>The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.</p>

The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.

Developing nations slam 'paltry' $300-B climate deal

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Developing nations slam 'paltry' $300-B climate deal

Agence France-Presse,

Nick Perry,

Laurent Thomet and Shaun Tandon

Published Nov 24, 2024 07:09 PM PHT

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