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Large developing countries reject “$200 billion” climate finance figure

An amount of around $200-300 billion being discussed privately as the international government finance provision towards the new climate finance goal (NCQG) – the main outcome expected at COP29 – has been strongly rejected by large developing countries.

Speaking at a stocktaking plenary this Wednesday, Bolivian negotiator Diego Pacheco said on behalf of the Like-Minded Developing Countries (LMDC) group – which includes big emerging economies like China and India – that the figure was unacceptable.

“We are unable to fathom this $200 billion to step up ambition in developing countries,” said Pacheco. “This is unfathomable. We cannot accept this.”

The Bolivian negotiator also reiterated a refusal by the group to open up the base of climate finance contributors – which developed countries have pushed for – to include China and wealthy Gulf states. “This is a super red line,” emphasised Pacheco.

With three days to go until COP29 officially ends, developed countries have yet to reveal publicly the amount of public international finance they will put on the negotiating table for the NCQG.

Chris Bowen, Australia’s environment minister who is jointly tasked with facilitating discussions on the NCQG, reported back to the plenary that the figures being discussed for government provision to an overall “mobilised” goal of $1.3 trillion included $440 billion, $600 billion and $900 billion – amounts that have been proposed by developing countries.

Co-chair Yasmine Fouad, Egypt’s environment minister, said discussions on the “structure” of the climate finance goal are “still hearing diverging views”. These refer to the different types of finance that can be counted towards the goal – controversially, including private investments.

Negotiators will now reconvene for further consultations until 5pm local time, and are tasked with producing new texts on finance and other issues by midnight today, the COP29 presidency said.

Stephen Cornelius, WWF’s deputy global climate and energy lead, said that with the COP29 “end game” fast approaching, “we are still missing urgency from the negotiations”.

“All the difficult issues – how much climate finance, who pays it and who can receive it, as well as mitigation and adaptation – remain unresolved. These issues need political guidance as well as more technical work,” he added, urging the COP29 presidency to exercise “authority and diplomacy” to find an ambitious common ground by Friday, when the summit is due to close.

Australia and New Zealand pledge loss and damage cash

Australia and New Zealand have made pledges to the Fund for Responding to Loss and Damage (FRLD), with Australian ministers saying the move showed they were “standing with Pacific partners”.

Australian climate minister Chris Bowen announced a contribution of AU$50 million ($32.5m) on Tuesday – the biggest donation to the fund this year after Sweden gave $18.4m last week.

“Australia is committed to supporting Pacific priorities and welcomes Pacific leadership to drive climate action, including on responding to loss and damage,” Bowen said in a government statement in which he and two other ministers all referenced the Pacific islands.

Australia is bidding to co-host the COP31 climate talks in two years’ time with a Pacific island nation or series of nations. But Turkiye is also trying to win the support of the UN’s “Western Europe and Others” group of nations, whose turn it is to choose the host country.

New Zealand’s climate minister Simon Watts announced a pledge of NZ$10m ($6m). “Addressing loss and damage from climate impacts that go beyond the limits of adaptation is a high priority for New Zealand and the Pacific as we need to support resilience in the region,” he said.

The new pledges bring the amounts donated to the FRLD to a total of $85m this year, on top of a first round of pledges adding up to $664m at last year’s COP28, meaning the fund has around $750m to spend when it gets up and running in 2026.

The post COP29 Bulletin Day 9: Developing nations draw “super red line” on climate finance goal appeared first on Climate Home News.

COP29 Bulletin Day 9: Developing nations deride “$200bn” finance rumour

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The Farming Industry Has Embraced ‘Precision Agriculture’ and AI, but Critics Question Its Environmental Benefits

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Why have tech heavyweights, including Google and Microsoft, become so deeply integrated in agriculture? And who benefits from their involvement?

Picture an American farm in your mind.

The Farming Industry Has Embraced ‘Precision Agriculture’ and AI, but Critics Question Its Environmental Benefits

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With Love: Living consciously in nature

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I fell flat on my backside one afternoon this January and, weirdly, it made me think of you. Okay, I know that takes a bit of unpacking—so let me go back and start at the beginning.

For the last six years, our family has joined with half a dozen others to spend a week or so up at Wangat Lodge, located on a 50-acre subtropical rainforest property around three hours north of Sydney. The accommodation is pretty basic, with no wifi coverage—so time in Wangat really revolves around the bush. You live by the rhythm of the sun and the rain, with the days punctuated by swimming in the river and walking through the forest.

An intrinsic part of Wangat is Dan, the owner and custodian of the place, and the guide on our walks. He talks about time, place, and care with great enthusiasm, but always tenderly and never with sanctimony. “There is no such thing as ‘the same walk’”, is one of Dan’s refrains, because the way he sees it “every day, there is change in the world around you” of plants, animals, water and weather. Dan speaks of Wangat with such evident love, but not covetousness; it is a lightness which includes gentle consciousness that his own obligations arise only because of the historic dispossession of others. He inspires because of how he is.

One of the highlights this year was a river walk with Dan, during which we paddled or waded through most of the route, with only occasional scrambles up the bank. Sometimes the only sensible option is to swim. Among the life around us, we notice large numbers of tadpoles in the water, which is clean enough to drink. Our own tadpoles, the kids in the group, delight in the expedition. I overhear one of the youngest children declaring that she’s having ‘one of the best days ever’. Dan looks content. Part of his mission is to reintroduce children to nature, so that the soles of their feet may learn from the uneven ground, and their muscles from the cool of the water.

These moments are for thankfulness in the life that lives.

It is at the very end of the walk when I overbalance and fall on my arse—and am reminded of the eternal truth that rocks are hard. As I gingerly get up, my youngest daughter looks at me, caught between amusement and concern, and asks me if I’m okay.

I have to think before answering, because yes, physically I’m fine. But I feel too, an underlying sense of discomfort; it is that omnipresent pressure of existential awareness about the scale of suffering and ecological damage now at large in the world, made so much more immediately acute after Bondi; the dissonance that such horrors can somehow exist simultaneously with this small group being alive and happy in this place, on this earth-kissed afternoon.

How is it okay, to be “okay”? What is it to live with conscience in Wangat? Those of us who still have access to time, space, safety and high levels of volition on this planet carry this duality all the time, as our gift and obligation. It is not an easy thing to make sense of; but for me, it speaks to the question of ‘why Greenpeace’? Because the moral and strategic mission-focus of campaigning provides a principled basis for how each of us can bridge that interminable gulf.

The essence of campaigning is to make the world’s state of crisis legible and actionable, by isolating systemic threats to which we can rise and respond credibly, with resources allocated to activity in accordance with strategy. To be part of Greenpeace, whether as an activist, volunteer supporter or staff member, is to find a home for your worries for the world in confidence and faith that together we have the power to do something about it. Together we meet the confusion of the moment with the light of shared purpose and the confidence of direction.

So, it was as I was getting back up again from my tumble and considering my daughter’s question that I thought of you—with gratitude, and with love–-because we cross this bridge all the time, together, everyday; to face the present and the future.

‘Yes, my love’, I say to my daughter, smiling as I get to my feet, “I’m okay”. And I close my eyes and think of a world in which the fires are out, and everywhere, all tadpoles have the conditions of flourishing to be able to grow peacefully into frogs.

Thank you for being a part of Greenpeace.

With love,

David

With Love: Living consciously in nature

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Without Weighing Costs to Public Health, EPA Rolls Back Air Pollution Standards for Coal Plants

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The federal Mercury and Air Toxics Standards for coal and oil-fired power plants were strengthened during the Biden administration.

Last week, when the Environmental Protection Agency finalized its repeal of tightened 2024 air pollution standards for power plants, the agency claimed the rollback would save $670 million.

Without Weighing Costs to Public Health, EPA Rolls Back Air Pollution Standards for Coal Plants

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