• Climate finance is not charity, UN official asserts
• US envoy says fight is bigger than one election
• Over 51,000 people expected at Nov 11-22 conference

BAKU: As COP29 talks ope­ned on Monday, Washington’s top climate envoy sought to reassure the participating cou­ntries that Donald Trump’s re-election would not end US eff­orts to tackle global warming.

Trump’s sweep of the presidential vote has cast a long shadow over the crunch talks in Baku, with the incoming US leader pledging to withdraw Washington from the landmark Paris climate agreement.

US envoy John Podesta acknowledged the next US administration would “try and take a U-turn” on climate action, but said that US cities, states and individual citizens would pick up the slack.

The Baku summit opened with calls for global cooperation and fresh warnings about climate disasters.

UN climate chief Simon Stiell kicked talks off by urging countries to “show that global cooperation is not down for the count.”

And he warned rich countries to “dispense with any idea that climate finance is charity”.

“An ambitious new climate finance goal is entirely in the self-interest of every nation, including the largest and wealthiest.”

Podesta said, “While the United States federal government under Don­ald Trump may put climate change action on the back burner, the work to contain climate change is going to continue in the United States with commitment and passion and belief.

“The fight is bigger than one election, one political cycle in one country.”

Climate debt

But proceedings in the capital of oil- and gas-rich Azerbaijan stalled almost immediately, with some countries insisting the application of last year’s COP28 deal only be discussed within the framework of climate finance.

Negotiators must increase a $100 billion-a-year target to help developing nations prepare for worsening climate impacts and wean their economies off fossil fuels.

How much will be on offer, who will pay, and who can access the funds are some of the major points of contention.

COP29 President Mukhtar

Babayev acknowledged the need was “in the trillions” but said a more “realistic goal” was somewhere in the hundreds of billions.

“These negotiations are complex and difficult,” the former executive of Azerbaijan’s national oil company said at the opening of the summit.

Great peril

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states, something firmly rejected by Beijing.

Just a handful of leaders from the Group of 20, whose countries account for nearly 80 per cent of global emissions, are attending. US President Joe Biden is staying away.

Afghanistan is however present for the first time since the Taliban took power. The meeting comes after fresh warnings that the world is far off track to meet the goals of the Paris agreement.

More than 51,000 people are expected at COP29 talks, which run from Nov 11 to 22.

The UN said on Monday that 2024 is likely to break new temperature records, and the Paris climate agreement’s goals were now “in great peril”.

The period from 2015 to 2024 will also be the warmest decade ever recorded, the UN’s World Meteorological Organis­ation said in a new report.

The climate deal commits to keep warming below 2 degrees Celsius compared to pre-industrial levels, preferably below 1.5°C.

If the world tops that level this year, it would not be an immediate breach of the Paris deal, which measures temperatures over decades.

But it suggests much greater climate action is needed.

Last month, the UN warned the world is on a path towards a catastrophic 3.1°C of warming this century based on current actions.

Published in Dawn, November 12th, 2024