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Is the end near for COPs in petrostates?
Fossil fuels have been given warm hospitality at COPs in recent years, with the last two climate summits being held in fossil fuel-expanding petrostates with presidencies even getting caught promoting oil and gas deals on the job.
That’s why a group of top climate experts, scientists and former UN chiefs called for reform in an open letter published this Friday, where they argue that countries expanding oil and gas should not be able to hold the COP presidencies.
Signed by former UN climate chief Christiana Figueres and former UN Secretary-General Ban Ki Moon, the letter calls on countries to establish a “strict eligibility criteria to exclude countries who do not support the phase out/transition away from fossil energy”.
The letter does not provide details of who would judge this criteria. Climate Home requested additional information, but had not received a response at the time of publication.
While the experts recognise the importance of UN climate talks, they also call for reform of the COP process, writing that the “current structure simply cannot deliver the change at exponential speed and scale” needed to address the climate crisis.
The COP29 presidency has been vocal about its disinterest in a quick fossil-fuel phase out, with Azerbaijan’s President Ilham Aliyev even telling the opening plenary that fossil fuels are a “gift from god” and that “we must be realistic” about energy transition.
An analysis of Aliyev’s speeches published today by campaign group 350.org found that the Azeri president defended or promoted fossil fuels in more than three quarters of his energy and climate-related speeches. In over a year of such speeches, Aliyev never even mentioned the Paris Agreement, the campaign group found.
Some campaigners backed the reform proposal. Catherine Abreu, director of the International Climate Politics Hub, said it is “demoralising” to hear the messages sent by Azerbaijan’s COP presidency.
She told media in Baku that the UN climate body, UNFCCC, should come up with a “conflict of interest policy” for delegates and the COP presidency that “puts a firewall between fossil fuel interests and the COP process.
She also called on countries to limit the influence of fossil fuel lobbyists at COP. According to another report published today by Global Witness, almost 1,800 lobbyists have shown up at COP29 – around 700 hundred less than last year but more than the 10 most climate-vulnerable countries combined.
Currently, countries can select who participates in their delegations, either with a “party” or “party overflow” badge. They do not choose people with an “observer” badge. Most lobbyists are observers, but some countries such as Japan, the UK, Canada and Italy brought fossil fuel lobbyists as part of their national delegations, the Global Witness report found.
According to the report, the biggest group of fossil fuel lobbyists is from an observer group called the International Emissions Trading Association (IETA) which sent 43 people.
But IETA denies this characterisation. While it does have a representative from French oil and gas giant TotalEnergies, an IETA spokesperson told Climate Home their delegates were “a broad mix” which “includes emitters who are committed to a just transition and solution providers who will help them on that journey”. Drawing up an exclusion list will be contentious.
Peace, Baku style
It is the “Energy, Peace Relief and Recovery” Day here in Baku. But if you’re running through the halls you won’t note much change – as there hasn’t been in conflict-afflicted nations across the world, despite Azerbaijan’s COP Truce proposal.
The COP29 host wanted to pause all the conflicts in the world – which number more than 50 – for the duration of the climate talks, inspired, they said, by the Olympic Truce.
On Friday, the COP Truce appeal did not feature prominently on the agenda. Nonetheless, the presidency said that the initiative received the support of 132 countries. That includes nations currently involved in civil wars and international conflicts, like Sudan, Myanmar, and the Democratic Republic of the Congo.
Azerbaijan itself has yet to reach a fully-fledged peace deal with neighbouring Armenia. According to Azeri media, Azerbaijan’s Foreign Ministry said that there cannot be any “physical meetings” with their Armenian counterparts until December as the climate summit is the government’s main focus.
When the COP Truce was first announced, climate campaigners called it a “performative… PR exercise” and “a distraction” from a separate UN-supported push to strengthen climate action in conflict-affected regions.
On that front, the COP29 presidency and six countries launched today the ‘Baku Call on Climate Action for Peace, Relief, and Recovery’, aiming to develop a strategy for preventing climate-induced wars and scaling up support for conflict-struck vulnerable nations.
The initiative will see the creation of a hub through which countries can “collaborate on peace and climate initiatives”.
During an event on this initiative, Climate Home asked Elshad Iskandarov, special envoy of Azerbaijan’s Ministry of Foreign Affairs, about the ceasefire appeal. He said that the truce was proposed to “foster peace in the world and highlight the importance of climate” without giving any further details.
But not everyone feels attuned to the “COP of peace” vision pushed by the COP presidency. Mohammed Usrof, founder of the Palestinian Youth Climate Negotiators Team, voiced concerns about COP29 being hosted in Azerbaijan because the country is Israel’s biggest crude oil supplier, as shown in a recent report by Oil Change International.
Mila Sirychenko, a Ukrainian activist, had reservations about expressing her views at COP due to the large size of the Russian delegation. Russia’s party at this COP counts 900 people, only topped by the Azeri (995) and Brazil delegations (984).
Chevron, ExxonMobil, BP, Shell and Eni – all companies that supply crude oil to Israel – brought a combined total of 39 lobbyists to the climate summit.
“So many others continue to be complicit with maintaining business as usual,” Usrof told Climate Home, referring to the almost 1,800 fossil fuel lobbyists at COP, many of whom are part of countries’ official delegations. “And, as we see, the business as usual involves the genocide of Gazans”.
“Puzzling” lack of pledges for adaptation
There’s a “great paradox” in evidence at COP29 between leaders’ speeches urgently calling to keep people safe from worsening climate change impacts – and the apparent lack of money available to do that, according to the head of the Adaptation Fund.
The UN fund – which has been at the cutting edge of efforts to build resilience to extreme weather and rising seas for the last two decades – only managed to secure contributions of around $61 million from donor countries at a fundraising event on Thursday, against its annual goal of $300 million.
This despite exhortations from UN Secretary-General Antonio Guterres and the UN climate chief at the start of COP29 for rich countries to fill the huge gap in adaptation funding, which could reach $187 billion-$359 billion a year by 2030.
“These missing dollars are not abstractions on a balance sheet: they are lives taken, harvests lost, and development denied,” said Guterres.
While there’s still time for more governments to come forward with new pledges before the end of COP29, Adaptation Fund head Mikko Ollikainen told Climate Home that “this year the situation looks quite difficult”.
“Contributor governments [are] almost all talking about the importance of adaptation – and quite a few of them are recognising the need for grant-based financing for adaptation especially – so it’s puzzling how that relates to the reality of there not being new pledges to the Adaptation Fund or adaptation funds in general,” he said on the sidelines of the COP.
At last year’s climate conference in Dubai, the fund also fell short of the same target – bringing in around $188 million. But there, wealthy governments had an excuse: they were also asked to dig deep to get the fledgling loss and damage fund up and running, which they did to the tune of nearly $700 million.
This year, however, they can’t hide behind the loss and damage fund as new money for that at COP29 has so far amounted to little more than Sweden’s $18.4 million pledge. Sweden has also stumped up around $763 million for the Green Climate Fund and $12 million for the Adaptation Fund.
This week the Adaptation Fund has received pledges from 10 European countries and regions, with flood-hit Spain offering the most ($19 million). The UK and the European Union are so far no-shows, though Germany has said it plans to contribute.
To make matters worse, the Least Developed Countries (LDC) Fund – also set up under the UN climate talks to help vulnerable countries adapt to climate change – has had to suspend a planned pledging event at CO29 after it “didn’t get very good signals” money would be forthcoming, the chair of the LDC Group told Climate Home on Friday.
Ollikainen said “the direction is quite wrong”, with needs going up and less money coming into the coffers of his fund. The Adaptation Fund has a long pipeline of projects but if donors don’t cough up more it will run out of money, he added. It is set to receive income from a 5% levy on sales of offsets in the new UN carbon market, but that may not start until 2026, he noted.
Samoan minister Cedric Schuster, who chairs the Alliance of Small Island States (AOSIS), told Climate Home he remains hopeful more money will come through for vulnerable countries at COP29 – and that the new climate finance goal due to be agreed in Baku will ensure contributions in the future.
“We can’t do anything if there are no pledges,” he said.
In brief…
Green light for new forest carbon credits: A key watchdog for the carbon market has given its high-integrity seal of approval to three methodologies for producing offsets that aim to reduce deforestation under so-called REDD+ projects. No credits have been issued so far under the rulebooks for forest projects approved by the Integrity Council for the Voluntary Carbon Market (ICVCM), but the body said “there is a large volume of credits in pipeline”. Hundreds of millions of existing REDD+ offsets have been issued under older methodologies but have faced widespread criticism over their alleged lack of real emissions reductions and failure to protect environmental and human rights. ICVCM did not assess the criteria for these earlier projects and producers of those credits will not be able to claim the high-integrity label unless they switch to the new methodologies.
The post COP29 Bulletin Day 5: Pressure to clean up COPs and shortfall in adaptation pledges appeared first on Climate Home News.
COP29 Bulletin Day 5: Pressure to clean up COPs and shortfall in adaptation pledges
Climate Change
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Climate Change
Türkiye sets COP31 dates and appoints Australian cattle farmer as youth champion
The Turkish government has announced the dates and venues for the COP31 leaders’ summit and pre-COP meetings, and appointed a Turkish waste campaigner and Australian cattle farmer as climate “champions”.
In an open letter, published by the UN climate body on Tuesday, the Turkish environment minister and COP31 President-Designate Murat Kurum said the COP31 World Leaders’ Summit, at which dozens of heads of government are expected, will take place in Antalya, on Türkiye’s south coast, on November 11 and 12.
Previous leaders’ summits have taken place on the first two days of the COP negotiations or, at last year’s conference in Belém, before the start. But this year’s gathering will take place on the third and fourth day (Wednesday and Thursday) of the November 9-20 talks. Kurum said the summit “will be a key moment in generating political momentum and visibility for COP31”.
Last November, when Türkiye was chosen as host of the annual UN climate summit, Kurum said that, while the negotiations would be in the resort city of Antalya, the leaders’ summit would take place in the country’s largest city Istanbul. No explanation for the change of decision was given in Kurum’s letter.
Pacific pre-COP
Every COP conference is preceded by a smaller pre-COP gathering, attended by government climate negotiators. Because of a deal struck with Australia, which gave up its bid to physically host the summit in exchange for leading the COP31 discussions, this year’s pre-COP will take place on the Pacific island of Fiji, with a “leaders’ event” a 2.5-hour flight north in Tuvalu.
Kurum’s letter said both events would take place between October 5-8 and “will contribute to reflecting diverse perspectives in an inclusive manner”.
The letter confirms that Australia’s climate and energy minister, Chris Bowen, will be given the title of “President of Negotiations” and “will have exclusive authority in leading the COP31 Negotiations, in consultation with Türkiye”.
“I have complete faith in his work,” said Kurum, adding that the two will send out a joint letter “in the coming weeks” which outlines their priorities regarding the negotiations.
The COP negotiations will be discussed at the annual Petersberg Climate Dialogue in Berlin on April 21 and 22. German State Secretary Jochen Flasbarth recently announced plans to travel to Australia and meet with Bowen to discuss the talks.
COP31 champions
In his letter, Kurum announced that Samed Ağırbaş, president of Türkiye’s Zero Waste Foundation, which was set up by the country’s First Lady, has been appointed as the COP31 Climate High-Level Champion, tasked with working with business, cities and regions and civil society to promote climate action.
Sally Higgins, a young Australian cattle farmer and sustainability consultant who has also carried out research on land-use change, has been appointed as Youth Climate Champion. Kurum said she “is a passionate advocate for climate change and elevating the voices of young people”.
Turkish officials Fatma Varank, Halil Hasar and Mehmet Ali Kahraman have been appointed as COP31 CEO, Chief Climate Diplomacy Officer and Director of the COP31 Presidency Office respectively. Deputy environment ministers Ömer Bulut and Burak Demiralp will lead on construction and infrastructure, and operational and logistical processes.
Kurum said Türkiye’s Presidency would continue to use the Troika approach – a term coined two years ago under Azerbaijan’s COP29 Presidency, which worked with the previous Emirati COP28 and subsequent Brazilian COP30 hosts.
Kurum said the Troika approach offers “stability and predictability by connecting past, current and future presidencies” and that “in this regard” Türkiye and Australia would work “in close cooperation with Azerbaijan and Brazil”. This appears to overlook the 2027 COP32 host – Ethiopia.
The post Türkiye sets COP31 dates and appoints Australian cattle farmer as youth champion appeared first on Climate Home News.
Türkiye sets COP31 dates and appoints Australian cattle farmer as youth champion
Climate Change
Broken debt system must be fixed to confront future climate shocks
Mae Buenaventura is the manager of the debt justice programme of the Asian Peoples’ Movement on Debt and Development, a regional alliance of peoples’ movements, community organizations, coalitions, NGOs and networks
A potentially historic shift in public debt governance is set to unfold in Washington DC this week as Global South governments take a collective stand to stop a “silent killer” of development financing.
The first-ever UN-hosted borrowers’ forum will officially be launched on April 15 on the sidelines of the 2026 Spring Meetings of the International Monetary Fund (IMF) and the World Bank. Led by five convening countries – Zambia, Egypt, Nepal, the Maldives and Pakistan – the initiative is one of the key wins of last year’s 4th Financing for Development Conference (FFD4) in Sevilla, Spain.
The forum’s mandate is to establish a platform for borrower countries, supported by a UN secretariat, “to discuss technical issues, share information and experiences in addressing debt challenges, increase access to technical assistance and capacity-building in debt management, coordinate approaches and strengthen borrower countries’ voices in the global debt architecture”.
Instead of facing lenders alone, these countries will now use a UN-backed platform to share technical expertise and coordinate their approach to a global debt system that is fundamentally broken.
Debt grips climate-vulnerable nations
The human cost of the current debt architecture is staggering. According to the UN trade and development agency, UNCTAD, more than 40% of the global population – roughly 3.4 billion people – live in countries where the government is forced to spend more on debt payments than on the health, education and social protection of its citizens.
In so-called low-income countries, governments spend an average of 7.5% of their total budgets on debt service, with interest payments consuming up to 20% of total government revenue in these regions.
The Philippines is a case study in this financial stranglehold. It is part of a global majority forced to watch its public services crumble and infrastructure lag while its wealth is siphoned off to satisfy foreign lenders.
The policy of automatic appropriations – a legacy of the rule of late former President Ferdinand Marcos Sr. – mandates that debt servicing takes precedence over any other public expenditure, effectively placing the demands of lenders above the needs of the Filipino people. Even as it faces a $1.5 trillion regional financing gap to achieve the Sustainable Development Goals (SDGs) by 2030, its hands remain tied by a legal framework that values credit ratings over human lives.
As a “middle-income country” (MIC), the Philippines is stuck in a frustrating purgatory. It is often deemed “too wealthy” for the G20’s debt-relief framework, yet too poor to absorb global economic shocks. Last year, Finance Undersecretary Joven Balbosa hit the nail on the head when he called for support that goes “beyond the simplistic income categorization” that ignores a country’s actual vulnerabilities.
Without an inclusive and equitable global debt architecture, nations including the Philippines are left to navigate catastrophic climate risks and economic shocks with zero fiscal breathing space.
No respite during climate disasters
The regional evidence of this systemic failure is everywhere. Take Pakistan, which in 2022 was hit by catastrophic flooding that submerged a third of the country and caused billions in losses. Despite this climate-driven disaster, World Bank data shows that Pakistan made payments in 2023 of $11.8 billion for public and publicly guaranteed (PPG) external debt, while its PPG external debt reached $93 billion that same year, surpassing pre-pandemic debt of $87 billion (2020).
Sri Lanka followed IMF prescriptions throughout 16 lending programs since 1991, only to become the first Asian country this century to default. Its MIC status prevents application for debt relief and restructuring measures. Today, the Sri Lankan people bear the brunt of harsh conditionalities, including raising VAT from 8% to 15%, slashing food and fuel subsidies, and the erosion of hard-earned worker pensions.


Currently, the global rules of lending and borrowing are set by a “creditors’ club” composed of the IMF, the World Bank and the Global Sovereign Debt Roundtable it set up, and the Paris Club.
These institutions measure “debt sustainability” through a narrow lens of a country’s capacity to make timely repayments. They largely ignore internal economic inequalities, gender disparities and the existential threat of climate change.
Crises should trigger debt service cancellation
By organising the new borrowers’ forum, the Global South is signalling that the era of passive “standard-setting” by lenders is over.
The ultimate goal for global civil society and debt justice movements is the establishment of a UN Debt Convention; a democratic, binding and inclusive framework that governs both lenders and borrowers. This mechanism would ensure that debt restructuring and cancellation are sufficient to allow countries to fulfill their international human rights obligations and implement necessary climate actions.
Green Climate Fund picks locations for five developing country hubs
To be truly transformative, debt sustainability analyses must align with human rights and sustainable development needs. This means conducting impact assessments – both before and after loans are issued – to identify “illegitimate” debts that do not benefit the public.
Crucially, we need an automatic debt service cancellation mechanism that triggers during extreme climatic, environmental or health shocks. We also need a binding global debt registry to ensure that every loan is transparent and subject to public scrutiny.
Whether the borrowers’ forum becomes a true milestone depends on its courage to challenge the status quo. We can no longer allow debt to act as a “silent killer” of our future. It is time to demand a financial system that serves humanity, not just the balance sheets of the powerful.
The post Broken debt system must be fixed to confront future climate shocks appeared first on Climate Home News.
Broken debt system must be fixed to confront future climate shocks
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