Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
COP crunch
FINAL CALL: COP29 has entered its final scheduled day in Baku. Yesterday’s six-hour “Qurultay” meeting witnessed “unanimous” disappointment over the state of draft texts, with developing countries unhappy about the lack of numbers on climate finance and almost all calling for clearer language on climate action. (Carbon Brief’s Simon Evans live-posted highlights from the event.) Around 3pm local time today, the COP29 presidency released a package of new texts, just hours before talks were due to close. At least one further iteration is expected.
FINANCE FIGHT: The new proposal for a global climate finance goal would involve developed countries “taking the lead” in channelling $250bn a year by 2035 to “help poorer nations” deal with climate change, Reuters reported. It added that the proposal has drawn criticism “from all sides”. Politico noted that it “falls far short of the trillion-plus figure that the poorer countries had sought”. For more on the draft finance deal, see Spotlight below.
STOCKTAKE STUTTERS: Last year’s “global stocktake” at COP28 included the landmark deal to “transition away from fossil fuels”. But the latest draft on the “mitigation work programme” excised all links back to this. Carrying things forward has been left to the “UAE dialogue”, which, in its latest draft, “reaffirms” last year’s language on fossil fuels, renewables and energy efficiency. It also has optional text adding further goals on energy storage and grids, as well as requesting an annual progress report for debate at subsequent COPs.
WILL IT END?: Seasoned COP watchers will know that the talks almost always run past their scheduled finish time. Carbon Brief’s analysis of previous finish times suggests that, if COP29 follows the upward trend, it will end at 3.25am on Sunday morning. Carbon Brief also polled a group of more than 200 delegates to ask when they think COP29 will end, with the mean time selected being 1:34am on Sunday. After talks finally draw to a close, Carbon Brief journalists will hold a free webinar to discuss the key outcomes. Sign up.
Around the COP
- ARGENTINA STAYS: Argentina confirmed it will not leave the Paris Agreement, squashing rumours ignited after right-wing populist leader Javier Milei decided to withdraw his country’s delegation from the talks last week, El Observador reported.
- INDONESIAN TRANSITION: Indonesia’s president Prabowo Subianto announced plans to retire all coal and other fossil-fuel power stations within 15 years, while also aiming to bring the nation’s net-zero target forward by a decade, said the Associated Press. It said experts “welcomed” the ambition, but are “sceptical” of its delivery.
- POWER PLAY: The UK launched a “global clean power alliance” at the G20, with Brazil, Australia, Canada and France among members, according to the Press Association. The leaders of the UK and Brazil wrote joint op-eds touting the pact in the Times and Folha de São Paulo.
- COP ‘STAND-OFF’: Australia and Turkey are currently in a “stand-off” over who will host COP31 in 2026, with neither party willing to give up their bid, Reuters said.
- ‘BIZARRE’ RESTRICTIONS: COP29 host Azerbaijan went to “bizarre” lengths to prepare Baku for the summit, Bloomberg reported. This included clearing public areas and roads by moving parliamentary elections, shutting schools and universities and ordering two-thirds of the city to work from home.
- LOBBYISTS: A Global Witness investigation found that at least 1,700 fossil-fuel executives registered to attend COP29, lower than the record in Dubai, but still larger than most party delegations. The Guardian reported that “hundreds” of industrial farming lobbyists have also been in attendance.
Zero
The number of new countries at COP29 joining a small alliance of nations that have pledged to phase out oil and gas.
Latest climate research
- Climate lawsuits and negative court decisions can reduce the value of publicly listed companies, a Nature Sustainability study suggested.
- Early 20th century global ocean surface temperatures were warmer than previously thought, a study in Nature has found, meaning the pace of heating from 1900 to the 1950s was slightly slower than assumed.
- A Nature Geoscience study found that the weakening of the Atlantic Meridional Overturning Circulation (AMOC) – a major system of ocean currents responsible for transporting heat around the world – could be linked to influxes of freshwater into the subarctic Atlantic.
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured

China’s historical emissions within its borders have now caused more global warming than the 27 member states of the EU combined, according to new Carbon Brief analysis. However, China is still far behind the world’s largest historical emitter, the US, the analysis showed. It added that China is unlikely to ever overtake the US, based on current policies, committed plans and technology trends in both countries. Carbon Brief’s analysis is featured in a data-driven article in the New York Times.
Spotlight
Decoding the COP29 finance proposal
Carbon Brief unravels the latest hotly contested climate-finance text from COP29 and explains the main sticking points.
Nations have a deadline at COP29 to agree on a new goal for channelling money into cutting emissions and protecting people from climate change.
This target will replace an existing obligation for “developed” countries – including EU states, the US and Japan – to provide $100bn of climate finance a year to “developing” countries.
Money has always been one of the most controversial aspects of UN climate talks and COP29 has exposed deep rifts.
A draft text outlining the new goal published earlier today shows that, on the day the talks are meant to finish, these tensions are far from being resolved. Developing countries and climate NGOs described the proposal as “totally unacceptable” and a “joke”.
Parties will now digest this text and at least one new version will be produced by the Azerbaijani presidency as the talks drag into overtime.
Billions

The proposed goal has two parts. At its core is $250bn delivered each year to developing countries by 2035.
This is framed as the continuation of the $100bn annual goal, which is provided entirely by developed countries. Yet, in this text, developed countries only “take the lead”, leaving the goal open for others to contribute.
As with the $100bn, this goal would include public money, such as development aid, as well as private finance that is “mobilised” by public spending.
The target matches one floated to Politico by EU sources earlier in the week, which was greeted with derision by global-south leaders. Developing countries had demanded a similar core goal of $440-900bn, but made up entirely of public money and largely as grants.
Crucially, analysts have found that comparable amounts of climate finance could be provided in this timeframe, even if developed countries make no extra effort to contribute more in the coming years, beyond existing commitments.
Trillions

From the start of COP29, all developing countries have been united behind a call for $1.3tn in climate finance a year, provided by developed countries.
There is broad agreement among experts that developing countries need to invest trillions of dollars each year to fulfil their climate goals, with large chunks coming from developed countries.
The new text includes a “call” to raise $1.3tn in climate finance by 2035.
However, it does not line up with developing countries’ proposals and, instead, reflects developed countries’ long-standing vision of a broader goal based on global “investment”. It refers to the $1.3tn coming from “all public and private sources”.
On the other hand, some of the more contentious ideas put forward by developed countries, such as the US, are no longer in the text. For example, it does not reference “domestic spending” in counting towards the goal.
Contributors

One of the most disputed topics in climate-finance talks has been expanding the list of contributors beyond developed countries.
Many nations classed as “developing” in the UN climate system, such as China and Saudi Arabia, are relatively wealthy and major contributors to climate change. This, some argue, means they should be obliged to provide finance.
There is no longer a formal recognition of this in the new text. An attempt by some developed countries to add criteria for new contributors was deleted the previous day.
COP29 has seen some wrangling around this issue. Observers welcomed China referencing the billions of dollars in climate funds it already provides to the global south and the EU expressed its openness to recognising “voluntary” contributions from developing countries.
In the end, the draft text “invites” developing countries to contribute. It also references “voluntary” counting of contributions from multilateral development banks, to which emerging economies provide large sums of money.
The climate-finance text contains many more notable compromises, which are summarised in this thread. All eyes are now on what the final text, agreed by all parties at COP29, will say.
Watch, read, listen
‘TRUMP ATE MY HOMEWORK’: A comment piece by Avantika Goswami in Down to Earth picked apart the “narrative of a prejudged failed COP” in a crucial year for climate finance.
‘GRANTS, NOT LOANS’: The Green Pulse podcast by Singapore’s Straits Times explained what the COP29 finance goal means and why more “loans can’t help” vulnerable communities in developing countries.
ASIAN AGE: Historian and author Adam Tooze discussed climate, trade wars, geopolitics and the “polycrisis” in Asia in his State of Asia 2024 address.
Coming up
- 25-27 November: UN Forum on Business and Human Rights, Geneva, Switzerland
- 25 November-1 December: Fifth session of negotiations for an international plastics treaty (INC 5), Busan, South Korea
- 2-13 December: International Court of Justice hearings on the obligations of states in respect of climate change, The Hague, Netherlands
- 2-13 December: UN Desertification Conference COP16, Riyadh, Saudi Arabia
Pick of the jobs
- Small World, senior sustainability consultant | Salary: £49,811-£67,000. Location: Lancaster (hybrid)
- The Ocean Census, head of science | Salary: £78,000. Location: Oxford, UK
- M+ Museum, head of conservation and research | Salary: Unknown. Location: Hong Kong
- Associated Press, oceans and climate reporter | Salary: Unknown. Location: Los Angeles, US
- The Environmental Reporting Collective, managing editor | Salary: Unknown. Location: Southeast Asia
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
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The post COP29 DeBriefed 22 November 2024: Countries split on climate finance; Fossil-fuel transition ‘reaffirmed’; Latest texts analysed appeared first on Carbon Brief.
Climate Change
Fossil fuel expansion threatens COP31 hosts’ credibility, experts warn
Türkiye and Australia risk losing their credibility as hosts of this year’s COP31 UN climate summit if they keep betting on fossil fuels at home, climate policy experts have warned.
As governments are expected to continue fraught talks over how to advance the global transition away from oil, coal and gas in Antalya this November, both of the co-host countries are pursuing fossil fuel expansion at home, without a national timeline to phase out their use.
Türkiye has accelerated its rollout of wind and solar energy in recent years. But that progress has yet to make a dent in the country’s dependence on fossil fuels for power, as demand growth has outpaced the renewables build-out, new analysis by Climate Action Tracker (CAT) has found.
The share of electricity generated by burning coal and fossil gas – 56% in 2025 – has barely changed since 2019, and total fossil fuel use in the power sector, and the emissions it produces, are still rising, according to the report released on Friday.
The Turkish government has also signalled that fossil fuels will remain a central component of its energy mix and has outlined plans to expand the country’s burgeoning domestic gas production in the Black Sea.
‘Need to demonstrate seriousness’
Australia, which will chair the Antalya negotiations, relies on fossil fuels for over 60% of its electricity, with coal alone still supplying 45%. According to experts, it lacks an ambitious plan to shift away from fossil fuels at home, relying heavily on carbon offsetting to reach its climate targets.
Australia is also the world’s third-largest fossil fuel exporter and has plans to expand its coal and gas production, which is backed by significant government subsidies. It recently upset climate groups by approving an extension of the Saraji open-cut coal mine in Queensland.
Türkiye says it has “final decision” at COP31 despite Australia running negotiations
Jennifer Morgan, a senior fellow with the Fletcher School of Law and Diplomacy at Tufts University and former climate envoy for Germany, said Türkiye and Australia need to demonstrate their seriousness about their COP presidency roles by leading by example on the energy transition.
“They have made progress in renewable energy,” she told reporters this week. “But I think their credibility – and their ability to therefore bring momentum and good outcomes to the COP – will depend on their taking further action at home.”
Türkiye’s electrification homework
The co-hosts’ fossil fuel policies are being scrutinised in the run-up to the annual UN climate summit, with much riding on the signal climate diplomacy sends on the energy transition.
Türkiye has so far stopped short of putting any overt political capital behind the fossil fuel transition itself. It has instead been rallying support for a new global electrification target of 35% by 2035, seen as the centrepiece of this year’s non-negotiated Action Agenda put forward by Ankara.
COP31 president Murat Kurum said last week the push to electrify economies – through measures like electric vehicles and heat pumps – will “automatically” lead to a reduction in the use of fossil fuels.
Türkiye’s own energy plan projects the country’s electrification rate would fall short on the global target and only hit 25% by 2035, according to the CAT report, which called for a “substantial step-change” in electrification policies and the deployment of more renewable power and grid infrastructure.
Coal still dominant
CAT’s analysts also warned that, without a parallel phase-out of fossil fuels, rising electricity demand risks being met in part by coal and gas, failing to deliver the emissions reductions the electrification target is meant to achieve.
Türkiye has had some success in its clean energy build-out: the share of electricity generation from wind and solar rose to 22% in 2025, up from 12% in 2020, according to the CAT report.
But coal’s role in Türkiye’s electricity mix has also grown, in both its share and absolute terms, over the past decade. And while reliance on fossil gas has declined overall, it still plays an important role in Ankara’s energy policy, which is pushing to boost domestic gas production in the Black Sea.
Dr Niklas Höhne from the NewClimate Institute said the government could demonstrate leadership as COP31 president by building on its recent successes in increasing its renewable energy capacity and announcing targets and plans to phase out coal and gas ahead of the summit.
According to CAT, Türkiye should phase out coal by 2040 and fossil gas by 2045 at the latest to align its power sector with global efforts to limit the rise in global temperatures to 1.5C above preindustrial times.
Türkiye quiet on fossil fuel roadmap
Ümit Şahin, coordinator of climate change studies at the Istanbul Policy Center (IPM), said Türkiye’s strategy is to approach the fossil fuel debate exclusively from the “end-use point of view”.
“I don’t expect any push from the Turkish presidency to the producer countries in terms of fossil fuel production,” he told reporters.
Neither does Şahin believe the Turkish presidency will throw its political weight behind another big-ticket item for COP31: a new global roadmap to transition away from fossil fuels.
Brazil took on the responsibility to voluntarily draft this document outside of the formal negotiations as a way to break the deadlock at last year’s UN summit in Belém when governments clashed over whether to develop one.
The outgoing COP30 presidency will deliver the roadmap in early November – but it will be up to Türkiye and Australia to guide countries towards a decision on how the blueprint will be taken forward, either inside or outside the negotiations.
Leadership needed
Australia’s Chris Bowen, COP31’s president of negotiations, promised to lobby producing countries to deliver a “meaningful step forward” on the fossil fuel transition in an interview with The Guardian earlier this year. But he has been quiet on the role Australia sees for the fossil fuel transition roadmap.
Natalie Jones, senior policy advisor at the International Institute for Sustainable Development (IISD), said the COP31 co-presidents “must provide clear leadership” on this process.
“This roadmap cannot be left in a dusty drawer,” she told journalists. “Rather, it must be translated into action, with all countries identifying what elements they can adopt or develop in their own national roadmap.”
Like Türkiye, Australia has yet to produce a national blueprint for winding down coal, gas and oil. Rather than moving toward a phase-out, state and federal governments have kept expanding fossil fuel licensing over the past year, according to a new analysis published this month by Climate Analytics.
Under existing policy, both coal and gas are on track to remain in Australia’s power system as late as 2050 – a trajectory the report defines as incompatible with the 1.5C limit the country says it’s committed to.
No binding end dates for the Netherlands
Analysts are watching out for national transition roadmaps as a bellwether for governments that claim to be leaders in the global shift away from fossil fuels.


The Netherlands, which co-hosted the first fossil fuel transition conference in Santa Marta this year, published its own domestic roadmap earlier this week. The document followed through on a pledge that “leadership on transitioning away from fossil fuels must be backed by concrete action, not just ambitious words”, said a spokesperson for Stientje van Veldhoven, the Dutch minister for climate policy.
But experts criticised the plan for failing to set a binding end date for the country’s fossil fuel production and use. While targeting a rapid increase in renewables capacity, the Dutch government only commits to phasing out oil, gas and coal “in the energy and feedstock system to eventually zero, and to minimise fossil use” by 2050.
Yvo de Boer, a former Dutch diplomat and executive secretary of the UN climate body, said the Dutch roadmap falls short of what’s needed to give industry the confidence to deploy capital in support of the energy transition with greater predictability.
“Ultimately, a roadmap without deadlines is nothing more than a footpath paved with good intentions,” he added, writing on LinkedIn.
The post Fossil fuel expansion threatens COP31 hosts’ credibility, experts warn appeared first on Climate Home News.
Fossil fuel expansion threatens COP31 hosts’ credibility, experts warn
Climate Change
How clean energy can boost business for Africa’s food producers
Despite millions of dollars in grants and technical help for African businesses to power farming and other food production activities with renewable energy, most efforts remain stuck at the early stages because they struggle to find the investors, markets and expertise they need to grow.
This was the message from a coalition of global institutions working on energy, water and agriculture at this month’s Africa Food Systems Forum in Kigali, Rwanda.
“Energy, agriculture, water and nutrition actors rarely design solutions together,” the Agri-Energy Coalition said in a Call to Action on powering food systems with clean energy.
Using more renewables – especially solar power – to drive food systems would reduce food losses, ensure year-round availability and affordability of healthy foods, and improve productivity, income and resilience among farmers, food processors and other small enterprises, the coalition added.
In an interview with Climate Home News at the forum, Olamide Niyi-Afuye, CEO of the Africa Minigrid Developers Association (AMDA) – a body representing private-sector developers of small-scale, off-grid electricity systems across the continent – said its members are starting to recognise this interdependence and are increasingly considering businesses that combine energy with agricultural activities.
This, Niyi-Afuye added, could lead to greater supply and use of clean power for key processes like irrigation, food processing and storage, creating new sources of revenue for both sectors.
CHN: Conversations at the Africa Food Systems Forum highlighted how organisations working in energy and agriculture often operate in silos. What has hampered their collaboration, and how has that affected Africa’s economic development?
A: Most mini-grid companies in Africa were primarily incentivised to achieve connections. If you look at some ongoing projects, you see a cost-per-connection model [of revenue]. When a subsidy is tied to achieving a connection, regardless of whether it is a productive connection, you might not notice the problem until five years down the line, when you realise the cash flows are not what you projected.
Despite African walkout, fractious land COP ends without drought deal
So now we’re in a “come-to-Jesus moment” as an industry, where we’re righting the wrongs and adjusting our business models to make sure companies do not go bust and there is some level of sustainability over the long term.
The saying is not wrong that we’ve been working in our own silos because we’ve focused on the smaller things instead of the helicopter view. There needs to be cross-pollination [between the energy and agriculture sectors] because, if we are thinking about industrialisation, energy is a key driver of industrialisation. We will not achieve that if we’re not in the room and part of those conversations.
CHN: Productive use of energy is intended to ensure electricity access goes beyond lighting homes to improving livelihoods, creating jobs and powering equipment. But what happens when farmers cannot afford the equipment they need to do that? How can energy, agriculture and equipment players work together to make the transition more accessible?
A: That’s why we’re having conversations with companies set up to de-risk the agriculture sector. By leveraging that connection, we’re able to aggregate potential energy needs and develop instruments that make equipment more affordable through bulk procurement.
We can have arrangements that make it easier for farmers and food producers to lease equipment and eventually own it over a period. There’s no real pressure to recover the capital very quickly because you’re looking at scale.


There is a whole lot across the agricultural value chain that needs energy, from farming and harvesting to food processing and value-addition. We need to understand the energy needs across the value chain and bring our members in to provide solutions.
Developers do not necessarily need to provide every productive-use solution themselves. They can partner with equipment suppliers, financiers, agribusinesses and other service providers to enable customers to use electricity productively. The objective is simple: do not just electrify communities; enable economic activity that uses that electricity.
CHN: When Africa’s industrialisation is discussed, you hear things like renewables cannot provide enough baseload, while some food processors are sceptical about switching to renewable energy because of these concerns about reliability. What is your response?
A: It’s not a controversial statement to say that a typical baseload is usually from the grid, and it’s usually from multiple sources including renewable energy. For large-scale operations, we can look at blending multiple sources of energy. But how do we solve the problem of a mid-sized farmer? We can solve it with a mini-grid using renewable energy.
Comment: Every country needs a model to help optimise its energy transition
If you go to a small farmer in a rural area, they don’t care about what source of energy they’re getting. They just want something that can help them get from A to B. If you look at the direct energy needs of farmers and food processors, I’m sure 90 percent of their consumption can be solved by renewable energy. Let’s start with that problem first. Then, as they scale, they might need to ramp up, and we can start talking about a bigger baseload.
CHN: How much agricultural value is lost because farmers and food businesses lack reliable, affordable electricity?
A: If you look at, for example, the fact that we need to maybe plant tomatoes or strawberries in Jos before it gets to Lagos [Nigeria], which most likely is by road, I can assure you that a good chunk, if not stored properly, would be bad by then. So the fact that we do not have energy is in itself a lost opportunity to maximise the potential of the agriculture sector. So until we’ve solved the energy problem, we will not salvage waste – and for me that is a lost opportunity.
CHN: AGRA, an institution focused on scaling agricultural innovations to help smallholder farmers, estimates a massive shortfall between current investments in the continent’s food systems and what is actually needed to build a resilient, profitable agricultural economy – to the tune of $180 billion per year. Can integrating energy into food systems help bridge that gap?
A: Yes – if energy can help unlock the potential to earn more money, investors will follow the money. Investments go where there is certainty, and until there is certainty around cash flow and revenue, investment will be limited.
My vision is to see more Power Purchase Agreements (PPAs) being signed between energy players and the agriculture sector. We can start by getting people into the room, understanding their pain points, crafting a framework and documentation that works for both parties, and then seeing deals happen.
This interview was shortened and edited for clarity.
The post How clean energy can boost business for Africa’s food producers appeared first on Climate Home News.
How clean energy can boost business for Africa’s food producers
Climate Change
Human security relies on adapting to the world’s new climate reality
Cristina Rumbaitis del Rio is a senior advisor on adaptation and resilience with the United Nations Foundation and Mattias Söderberg is global climate lead at Danish NGO DanChurchAid.
Recent extreme events – from wildfires and heatwaves in Europe to flash flooding following a glacier collapse in Nepal – have shocked and devastated communities, bringing years of warnings about such climate impacts to the doorstep of communities around the world.
One thing is certain: the new climate reality is here – and the adaptation strategies designed for yesterday’s world are no longer sufficient.
Attribution science has since shown that the hotter and more frequent heatwaves we’re experiencing around the world would have been virtually impossible without today’s high concentrations of greenhouse gases in the atmosphere. Climate shocks are now so severe that they reverberate through supply chains, food and water systems, financial markets and the movement of people.
They must be a catalyst for a new way of thinking about adaptation and resilience, and how we finance solutions that work. A failure to invest in adaptation in one region can create costs far beyond it, which is why the concept of shared resilience is critical for leaders to grasp.
Investment not charity
At the UN General Assembly (UNGA 81) this month, leaders have an opportunity to translate today’s urgency into concrete commitments on adaptation and loss and damage finance ahead of COP31.
Those commitments are needed to underpin global stability, shared prosperity and human security. Governments should use this moment to show what a new response looks like: finance that reaches communities faster, supports locally grounded solutions, strengthens national systems, and helps countries prepare before the next shock arrives.
If we want sustained economic growth, food and water security, and resilient and prosperous societies across every region, adaptation must be at the heart of today’s development and security agenda. It cannot be just a future planning consideration or a narrow issue for climate ministries. Adaptation is now everyone’s business – and it must be financed fast and fair.
UN Secretary-General António Guterres has repeatedly framed climate finance as an investment rather than charity, warning that “a world in climate chaos cannot be a world at peace” and describing human security as freedom from the chronic and sudden disruptions that climate change multiplies.
What’s more, adaptation delivers a real return-on-investment, with researchers estimating that every dollar invested produces $10 in benefits, saving lives, protecting livelihoods, and reducing the costs of future disasters.
Hitting adaptation limits
The urgency to scale adaptation systematically is growing. The newly released “Limiting Overshoot” report from the UN Environment Programme (UNEP) confirms what scientists have long warned: exceeding global warming of 1.5C is now unavoidable under current policies. Yet, how high temperatures rise – and how long the world remains above the 1.5C threshold – will determine whether communities, economies and entire ecosystems can keep pace.
There are limits to adaptation. When we breach those limits, lives and livelihoods are lost, and people and ecosystems suffer greatly. We cannot simply build yesterday’s infrastructure a little stronger and assume it will be enough.
Nepal flood destruction shows “limits to adaptation”, scientists say
We need to fundamentally change the systems that determine how societies anticipate, absorb and recover from both immediate and evolving non-linear climate shocks. This includes transforming physical systems, such as infrastructure, and the governance systems that affect where and how we live to how we maintain our health and wellbeing.
Finance today is nowhere near the scale of the challenge.
The UNEP “Adaptation Gap Report 2025” estimates the shortfall in adaptation finance in developing countries at $284 billion–$339 billion a year – roughly 12 to 14 times current international public flows of around $26 billion. That gap is a development, economic and human security problem, especially for the most vulnerable populations who have contributed the least to causing the climate crisis.
Building resilience into financial systems
There are already signs of what a more systemic adaptation response could look like. Communities around the world are delivering practical solutions at local level, even as adaptation finance remains notoriously, and appallingly, difficult to access. Cyclone-resistant homes, local forecasting capacities, drought-resistant crops, heat insurance for pregnant informal workers and mangrove restoration are rooted in local knowledge and lived experience, while delivering benefits far beyond the communities where they originate from.
But local innovation alone is not enough; the systems around it need to be resilient too.
Jamaica offers one example. The country has built a multi-layered disaster-risk financing framework, including a catastrophe bond and contingency funds, through sustained fiscal discipline and proactive investment. Its debt-to-GDP ratio fell from around 147% in 2012 to around 62% in 202-25. That groundwork matters when disaster strikes.
Hurricane Melissa’s destruction shows need for climate resilience push
Following Hurricane Melissa, Jamaica was able to secure billions of dollars in reconstruction financing from multilateral banks – finance that might otherwise have been much harder to access. The lesson is clear: resilience can be built into the financial architecture of a country before a crisis arrives. That is the shift we now need to make at scale.
The foundations already exist – in Kingston’s fiscal reforms, in early-warning systems from the Sahel to the Pacific, and in every community that adapted before disaster struck. What is still missing is the political will, and the finance, to take what works and put it to work everywhere, at the speed our world’s new climate reality demands.
To hear more on this issue from high-level officials and experts, sign up for this event during Climate Week NYC, at 8am EDT on September 24 (in person or online), moderated by Climate Home News Editor Megan Rowling: Adapting to the New Climate Reality: Why Accelerating Impacts Demand New Responses.
The post Human security relies on adapting to the world’s new climate reality appeared first on Climate Home News.
Human security relies on adapting to the world’s new climate reality
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