Rich countries have said they are on track to double their finance to help developing nations adapt to climate change by 2025 – but a new UN report shows that meeting this goal would cover just a tiny fraction of what poorer countries need to become more resilient to extreme weather and rising seas.
Adaptation finance provided by wealthy donors jumped by just over a quarter from $22 billion in 2021 to around $28 billion in 2022, led by an increase from multilateral development banks like the World Bank and the African and Asian Development Banks, the report showed.
Another report published on Monday by the UK’s foreign ministry, on behalf of developed countries, said the increase meant “efforts are on-track” for those countries to honour a promise they made at the COP26 climate summit in 2021 to double their finance from 2019 levels to around $40 billion by 2025.
But while United Nations Environment Programme Executive Director Inger Andersen called this an “encouraging sign” on Thursday, she added that “even achieving this goal would only reduce the adaptation finance gap by about 5%”.
The adaptation finance gap is the difference between the amount of money flowing towards adapting to climate change and the needs of developing countries. According to UNEP’s Adaptation Gap Report, published this week, those needs are estimated at $215 billion-$387 billion a year.
That compares with international public funding of over $28 billion in 2022, plus a further $3.5 billion mobilised from the private sector using public money to provide incentives. This leaves what UNEP describes as an “extremely large” gap.
Debt burden “injustice”
As well as quantity, developing countries and climate campaigners are concerned about the quality of adaptation finance. About three-fifths of the finance in 2022 came in the form of loans rather than grants, meaning it has to be paid back.
At the Adaptation Gap Report launch, Andersen said it is an “injustice that countries that have taken on debt to do activities in line with their development plan, get hit by catastrophic climate events and get put 20 years back”.
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Mattias Söderberg, chief advisor at humanitarian NGO DanChurchAid, told Climate Home it was unfair to make developing countries that have contributed little to planet-heating emissions borrow money to adapt to it. He described it as like crashing someone’s car and then suggesting you’ll lend them the money to fix it.
“Adaptation is specifically needed in the poorest and most vulnerable countries, where debt is already a huge challenge,” Söderberg added.
Adaptation talks resume
At COP28 in Dubai last year, developing countries were disappointed that the talks did not set a new goal to provide finance and other forms of support for their adaptation efforts under wider negotiations on how to measure progress towards the “Global Goal on Adaptation”.
These discussions are likely to flare up again at COP29 in the next two weeks, where developing countries and climate justice campaigners are set to push for a clear target for adaptation funding as part of a new global climate finance goal due to be decided in Baku.
The African Group’s chief negotiator Ali Mohamed, from Kenya, told a recent webinar that adaptation would be his group’s “top priority”, as the continent’s low emissions and high climate vulnerability mean “adaptation is everything for us”.
(Reporting by Vivian Chime; editing by Joe Lo and Megan Rowling)
The post Rich nations “on track” to double adaptation finance but huge gap persists appeared first on Climate Home News.
Rich nations “on track” to double adaptation finance but huge gap persists
Jacynta Fa’amau is a Pacific campaigner at global grassroots climate movement 350.org and a secretariat member of Pacific Climate Warriors.
The first thing that struck me was the sheer size of Queensland’s Saraji coal mine. Standing at the edge of the enormous pit, my brain scrambled for words as I scanned the earth’s open wound – a whole island could probably fit inside it.
Looking down, I noticed footprints of an emu and a koala, pressed and dried in what was once a puddle – signs of how drought had driven animals in desperate search of water, so dangerously close to the coal trucks and heavy machinery ahead.
Earlier this year, I joined a small group of Pacific Islanders on a journey through the Bowen Basin to learn from First Nations communities battling Australia’s mammoth coal industry. Of the more than 40 coal mines operating in the area, BHP & Mitsubishi Alliance’s Saraji mine is one of the largest. So it came as a painful shock to us when in August, the Australian government approved the mine’s extension just months after our visit.
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Witnessing coal extraction is devastating. It is bad enough to see what pillaging tonnes of coal can do to a mine’s immediate surroundings: dry creek beds, dwindling wildlife, denuded land. But to know that this coal will be shipped across the ocean, bring air pollution, and eventually lead to the destruction of Pacific islands thousands of miles away is another kind of heartbreak.
Rising ocean waters
I’m an Australian-born Samoan. In 2002, I visited my family home for the first time. My father took me to the rural community where generations of my family were raised. He did not have the words to describe how much has changed since rising ocean waters had taken away almost a third of the beach.
I learned of how we had to relocate my great‑great‑grandparents’ grave to higher ground twice in the last 15 years. Of how my cousins have to paddle out further to sea to catch fish, since warmer waters have destroyed much of the reef. Of how the ocean crashes so close to my uncle’s home that he had to build a new house further away.
We saw reflections of our own climate destruction in the Pacific when we shared these stories with our First Nations relatives at the edge of the Saraji mine. Murrawah Johnson and Teila Watson, both Birri Gubba and Gangulu women, made clear connections between their struggles and ours. “We don’t get to inherit our land and we don’t get to inherit our traditional roles. We are fighting a war on extinction,” Murrawah said.
Coal extraction devastated their lands and cultures – totems have disappeared, fresh water has become scarce – while the effects of using it have devastated ours. “King tide, cyclones, all the violence that has been enacted on your country and people is because of the violence that has been allowed here, to us and our country,” Teila said.
Wearing the mantle of climate leadership
This week, Australia is assuming the mantle of climate leadership as co-president and head of negotiations of this year’s UN Climate Change Conference, COP31. It will lead on deliberating the summit’s priorities as world leaders and climate negotiators descend on Fiji and Tuvalu for the pre-COP meetings.
Ironically, just days before the pre-COP began, the New South Wales Independent Planning Commission approved the largest-ever coal project the state has seen, set to emit an extra 800 million tonnes of carbon emissions. I joined the Pacific Climate Warriors and other communities in submitting about 4,000 appeals to oppose the project – yet these all fell on deaf ears.
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But the fight is not yet over. The project still requires federal approval to proceed, so every promise that Australia makes while at the helm of the climate talks counts. These promises will be measured against actual decisions it makes at home: to either lock us into more decades of climate pollution, or begin shutting down coal and gas once and for all.
Pacific leaders have made it clear that countries must align their policies with the 1.5-degree warming goal, a limit that we already know will be breached within the decade. Any chance of keeping this still within reach requires an immediate end to fossil fuel expansion and concrete plans to phase out existing projects. But success will be an uphill battle if COP31’s own head of negotiations refuses to lead by example.
Australia remains the second-largest coal exporter in the world. It is one of the very few industrialised countries under the Paris Agreement’s Annex I that still has no coal phase-out plan. Since 2022, the Albanese government has approved 37 new, expanded or extended coal, oil and gas projects. It is thus unsurprising that its own mitigation policies have been rated by Climate Action Tracker as “insufficient”, even without factoring in fossil fuel exports and related expansion.
Keeping 1.5C alive
Australia must course-correct to earn the mantle it has been given, especially by Pacific nations that backed the country’s bid for the COP31 co-presidency. As a first step, the government must end all coal expansion and explicitly declare a coal phase-out date. It’s the only way to show that it’s capable of leadership that moves beyond endlessly deliberating the “if”, and starts implementing the “how” of keeping the 1.5C target alive.
The dread I felt staring down at the abyss on the edge of that coal mine months ago still exists. I carry it with me as I show up at the pre-COP to demand that leaders heed the calls of Pacific people. But it is tempered with resolve to keep our lands and communities alive. We remain steadfast in our efforts to secure an outcome that protects people everywhere and brings us back below 1.5 degrees as soon as possible.
The post Coal mines and hypocrisy must not be Australia’s COP31 legacy appeared first on Climate Home News.
Coal mines and hypocrisy must not be Australia’s COP31 legacy
When José Antonio Kast took office as Chile’s new president in March, one of his first moves was to put the brakes on plans to expand two protected marine parks – raising doubts about the country’s high-profile bid to host the headquarters of the High Seas Treaty.
But during the UN General Assembly last month, the right-wing leader reaffirmed his leftist predecessor’s ambition for Chile to host the landmark global pact, which came into effect in January and provides a legal framework to protect the waters of the high seas beyond national jurisdiction that cover about two-thirds of the world’s oceans.
Hailing the country’s “maritime vocation”, Kast’s government said the bid to host the treaty’s secretariat in the port city of Valparaíso was state policy and testament to its commitment to multilateralism.
“For the government of Chile, it is of high interest to achieve this recognition, and we will carry out all the efforts to obtain the necessary support,” Foreign Minister Francisco Pérez Mackenna was quoted as saying by local media.
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Tough competition from Chinese, Belgian bids
But to garner the votes it needs, Chile must fend off competing bids by Belgium – which has proposed its well-connected capital, Brussels – and China, whose well-funded bid includes the provision of free premises in the coastal city of Xiamen and five years of free utility costs.
Parties to the treaty, formally called the Agreement on Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ), will choose the headquarters at their first summit (COP1), in New York from January 11 to January 22, 2027. They will seek consensus, falling back on a two-thirds majority in successive secret ballots.
Chile has offered to provide a restored waterside warehouse “at its own expense” as office space, pitching itself to developing countries as a Global South alternative to Europe-centred Brussels. Among richer countries, it is promoting its democratic credentials and greater transparency as an alternative to China.
Rolling back environmental safeguards at home?
While the South American country remains the top pick among environmental campaigners and other civil society groups, critics of Kast’s government say recent policy moves may make it harder for the country to garner the support it needs.
On March 12, the day after Kast took office, the Environment Ministry withdrew 43 decrees awaiting legal approval, including a push to expand the Mar de Juan Fernández and Nazca-Desventuradas marine parks – vast protected areas in Chile’s Pacific Ocean waters. Both remain under review, the ministry told Climate Home News.
The decrees also included an emission standard for coal power plants and regulations for Chile’s new biodiversity and protected areas service.
A month after holding up the decrees, Kast questioned aspects of Chile’s urban wetlands protection law, suggesting it was sometimes an unjustified obstacle to much-needed housing development, and his administration has also sought to ease the rules on salmon farming in the world’s second-largest producer.
In August, the Constitutional Court struck down the salmon farming reform after a challenge by opposition lawmakers and warnings from green groups including Greenpeace, which said it could help farms relocate into protected areas such as the Kawésqar National Reserve.
Valparaíso mayor Camila Nieto, from former leftist President Gabriel Boric’s party, backs the bid to host the High Seas Treaty, but said she hoped “the government’s support also translates into public policies consistent with the goals of protecting and conserving the oceans”.
“The decisions a country makes on environmental matters can influence international perceptions of its commitment to protecting the oceans. That is something we cannot ignore,” Nieto told Climate Home News.
China’s bid stirs concerns over data access, fishing
Chile’s past record on marine protection – it has protected 43% of its jurisdictional waters – could yet give it an edge.
“Chile deserves it for its conservation record as a state. For more than 15 years Chile has been following this path,” Liesbeth van der Meer, executive director at conservation group Oceana in Chile, told Climate Home News.
Concerns in some quarters about the rival bid by China – for example, over a potential conflict of interest due to the vast Chinese fishing industry – may also weigh in Chile’s favour, experts say.
Chinese-flagged vessels did about 30% of detected high seas fishing between 2022 and 2024, according to an Oceana analysis of Global Fishing Watch data. China also sponsors five of the International Seabed Authority’s 31 deep-sea mining exploration contracts, more than any other country.
The secretariat would host sensitive marine data, making transparency paramount, experts say.
China says hosting the secretariat in Xiamen would help make the treaty more globally representative, fostering cooperation between rich and developing countries and aiding equitable access to marine science and technology.
Wang Yi, China’s minister of foreign affairs, said in a statement that the country has “all along championed true multilateralism” and “firmly defended” UN institutions. Given Xiamen’s $38-billion ocean industry, the city lives up to the treaty’s “significance and promising future”, he added.
Meanwhile, Chile is proposing the treaty’s first high seas marine protected area for the Salas y Gómez and Nazca ridges, a chain of more than 110 seamounts stretching about 4,000 km from off Peru to Rapa Nui (Easter Island) that is rich in endemic fish and other marine species.
The ridges are “a true oasis of productivity”, said Carlos Gaymer, director of the Centre for Ecology and Sustainable Management of Oceanic Islands at Universidad Católica del Norte and co-author of a 2021 scientific review of the area.