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The Cop29 talks, which began in Azerbaijan on Monday and will continue for another week, have been overshadowed by the re-election of climate-denying Donald Trump as US president. He has vowed to withdraw the US from the Paris climate agreement when he takes office in January, and reverse policies on cutting greenhouse gas emissions and promoting clean energy.

Miliband’s comments came as leading climate experts wrote to the UN asking for the Cop process to be overhauled, saying it should in future be held more frequently and only in countries supportive of climate action. This year’s host, Azerbaijan, is a major fossil fuel producer and before the conference one member of the organising team was filmed appearing to offer help striking fossil fuel deals.

In another blow to the talks, Argentina’s populist president, Javier Milei, ordered the dramatic withdrawal of the country’s Cop delegation on Wednesday night, a move regarded as a tribute to Trump. No more countries are expected to follow, but many at the talks fear it could embolden those who would stymy progress.

Miliband rejected this analysis. “There is determination here that this transition is going to happen now. It’s got to happen in the right way, and it’s got to happen with the urgency that’s required. But it’s happening, and it’s unstoppable,” he said.

https://www.theguardian.com/environment/2024/nov/15/renewable-energy-unstoppable-ed-miliband

#COP29 #Azerbaijan #Milliband #Trump #Milei #climate #fossilFuels #renewableEnergy #energy #politics

Move towards renewable energy is unstoppable, says Ed Miliband

Exclusive: UK energy secretary says at Cop29 that people see the economic advantages of making the transition

The Guardian

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nikol Nov 15, 2024

Developing countries want $1tn a year in climate finance. Nicholas Stern, an economist, said it was ,“absolutely possible” for developed countries to meet such a pledge if about half the total came from the private sector, a quarter from the World Bank and its fellow institutions, and the remainder from a mixture of overseas aid from rich countries, and potential new taxes such as a frequent flyer levy and a charge on shipping.

#economics

Poorer nations need $1tn a year by 2030 in climate finance, top economists find

Study says funding to cope with climate breakdown needed five years earlier than expected

The Guardian

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nikol Nov 15, 2024

The UK prime minister, Keir Starmer, who attended the world leaders’ segment of the Cop earlier this week, announced fresh commitments on cutting carbon that were widely hailed as strong and ambitious, and confirmed the UK’s £11.6bn pledge to developing countries.

For the UK to take a lead on climate action, and help the poorest, made sense for British taxpayers, Miliband said.

“We need developing countries to take the low-carbon path, because otherwise we’ve got no chance of keeping global warming to 1.5C or even 2C [above preindustrial levels]. Getting finance to developing countries so that they can is absolutely in our national self-interest,” he said. “Otherwise we’re going to have climate breakdown and future generations will hold us in infamy, and rightly so.”

Spending money on aid was “hard, because our public finances are really stretched”, he admitted. “That is the unavoidable context of these negotiations.”

#UK #KeirStarmer