Skip to main content

Takeaways from COP30 Climate Summit in Brazil

 


The U.N. Climate Change Summit ended this year with a shaky compromise that ignored most of the countries' main demands, except for one: wealthy countries were obligated to triple their expenditures to help other countries adapt to global warming. Here are some key takeaways from COP30, the climate summit that took place in Brazil's Amazonian city of Belem.

HOOKED UP TO HYDROCARBONES

Luiz Inacio Lula, the President of Brazil, had called on countries to adopt a "roadmap" to move forward with a COP28 commitment to abandon fossil fuels.

The summit was doomed to failure, however, because oil-rich Arab countries and other nations dependent on fossil fuels obstructed any discussion of the topic. The COP30 presidency instead created a voluntary climate plan, which countries could either sign up for or reject. It was similar to Egypt’s COP27 or Azerbaijan’s COP29 where countries agreed to spend money on climate threats while ignoring the primary cause. Since 2020, coal, oil and natural gas have accounted for nearly three-fourths (73%) of global greenhouse gas emissions. The International Energy Agency stated in a mid-COP30 report that the demand for these fuels will likely rise until 2050. This is contrary to expectations of a rapid transition to clean energy.

On the brink of global climate unity, countries have agreed on the need to demonstrate global unity during climate talks. They also agreed that the wealthy and polluting countries should be doing the most to combat the problem.

To reach a final agreement, they had to abandon nearly all of their ambitions - including the mandatory tightening of targets to reduce climate warming emissions. Brazil's COP30 presidency lamented the United States' snubbing the talks. The absence of world's largest economy, and the biggest historical polluter, emboldened fossil fuel-interested countries. The rumblings of concern about a system that only allows a select few to effectively veto any collective agreements grew louder and fueled calls for reform. Brazil promised a COP of Truth that would put countries on a course of action. However, there were no agreed implementation plans.

CHINA IN POLE POSITION

China was a major player at the summit, but it did so from the background.

As is his custom, President Xi Jinping did not attend the meetings. His delegation sent a clear message that China is ready to provide the clean energy technologies the world needs in order to reduce emissions.

The first thing delegates see when they enter the vast venue is the Chinese exhibit pavilion, which features executives from solar, battery and electric vehicles companies. This year, China wasn't the only nation that was in focus. India's delegation showed more strength in negotiations while South Africa presented a climate agenda for their own G20 summit on November 22-23.

FRAUGHT FORESTS AND INDIGENOUS RIGHTS

Brazil held the summit in a city located within an Amazon forest, highlighting the importance of the remaining canopy of trees for combating climate change. It also highlighted the half-billion Indigenous People who are seen as the stewards to the natural land. Many of the attendees from the Amazon and around the world were frustrated that they weren't heard. The protesters staged multiple demonstrations and stormed the COP30 gates, clashing with security until they were pushed out. About $9.5 billion was announced in forest funding, including nearly $7 billion for Brazil’s flagship tropical fund and $2.5 billion to support an initiative in Congo. The summit ended in a disappointing note for many as negotiators abandoned efforts to create a roadmap for meeting the zero-deforestation promise by 2030 and refused to acknowledge the protection of their land.

ASSASSINS ON CLIMATE RESEARCH

While Lula, and other world leaders, had denounced misinformation and denial in the past year, the COP30 discussions did not do much to counter this year's U.S. Government assault on climate research. The summit further undermined the global consensus on climate science, by not recognizing the U.N. Intergovernmental Panel on Climate Change (IPCC) as the "best science available" for guiding policy on climate changes and their impacts. The final agreement instead notes the importance IPCC outputs, along with "those from developing countries and relevant report from regional groups and organizations." By ignoring fossil fuels, and ignoring emission targets, COP30 dismissed the alarms that scientists were raising. (Reporting and editing by Ros Russell.)

(source: Reuters)

Comments

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

Mfantsiman Girls to Host 65th Speech & Prize-Giving Day

  Mfantsiman Girls Senior High School is set to host the 65th Speech and Prize-giving Day and Homecoming from 14th to 16th March at Saltpond in the Central region. This year’s Speech and Prize-giving day is being hosted by the 2000-year group, and over 5000 old girls and students of Mfantsiman Girls are expected to attend the programme. Under the theme, ‘Leveraging New Media Technology to Optimize Girl Child Education,’ the event will emphasize the importance of harnessing technology to address the unique challenges faced by girls in accessing quality education, particularly in marginalized communities. By leveraging new media technology, we can create inclusive, interactive, and engaging learning environments that empower girls to reach their full potential. The theme will also serve as a call to action, encouraging students, educators, and stakeholders to explore innovative ways to integrate technology into girl child education, ultimately driving positive change and promoting a...

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...