Welcome to Carbon Brief’s Cropped.
We handpick and explain the most important stories at the intersection of climate, land, food and nature over the past fortnight.
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Key developments
Agri-disasters costing trillions
CATASTROPHE COSTS: Disasters have caused about $3.8tn worth of lost crops and livestock production over the past three decades, according to a new report by the UN’s Food and Agriculture Organization (FAO). The report, the first of its kind, looked at the impact of disasters such as floods, droughts and wildfires on agriculture and food security. It highlighted proactive ways to address agrifood system risks and ways to “mainstream disaster risk management”, FAO director general Qu Dongyu said in the foreword of the report. Overall, disaster-related losses have “moderately” increased since the 1990s, the report said, but “they have become more widespread in terms of the countries and products that they affect”.
IMPACTS: Extreme temperatures and droughts “inflict the largest impact per event” according to the report. It is “essential” to look at the interconnected nature of risks, the report noted, adding: “Climate change, pandemics, epidemics and armed conflict are all affecting agricultural production, value chains and food security.” Losses of cereal, such as wheat and maize, caused by disasters amounted to an average of 69m tonnes per year over the past 30 years – around the same as all of France’s cereal production in 2021, the report said. Meat, dairy and eggs accrued around 16m tonnes in losses each year.
FAO FALLOUT: Meanwhile, the Guardian reported that former FAO officials said they were “censored, sabotaged, undermined and victimised” for more than a decade after writing about and investigating the extent livestock contributes to methane emissions between 2006 and 2019. The allegations date back to the years after 2006 when a landmark UN report, “livestock’s long shadow”, was published. This report “pushed farm emissions on to the climate agenda for the first time”, the newspaper said, adding: “The officials described a culture in which attempts to probe the connection between livestock and climate change were discouraged and, in some cases, suppressed, and where management attempted to sabotage research and research networks.”
RECENT CHANGES: The 2006 FAO livestock report estimated that 18% of total greenhouse gas emissions come from livestock, mostly cattle. This figure was “revised downwards to 14.5% in a follow-up paper” in 2013, the Guardian said. Dr Anne Mottet, the FAO’s livestock development officer, “stressed that the changing figures reflected best practices and evolving methodologies”, the newspaper said. She told the Guardian: “Livestock is part of the FAO’s strategy on climate change and we work with governments and farmers and industry on this programme as well. We can’t ignore the main actors of the sector but there has been no particular pressure from them.” The newspaper said that the wider FAO declined to comment, along with several meat and dairy industry lobbyists.
Bankrolling Amazon destruction
‘GREEN BONDS’ INVESTIGATION: European banks Santander and UBS have allegedly raised hundreds of millions of pounds by selling “green” bonds, but some of these funds have gone to groups linked to Amazon deforestation and human-rights abuses, according to a new investigation from Greenpeace UK’s Unearthed and O Joio e O Trigo. Unearthed reported: “Among those linked to the bonds are a farmer who allegedly held five labourers in ‘slave-like’ conditions, a soy company identified as the biggest deforester in Brazil’s Cerrado savannah, a cattle rancher fined for preventing the regeneration of 17km2 of Amazon rainforest and an ethanol producer that poisoned a river relied on by an Indigenous community.”
BANKS’ RESPONSE: According to Unearthed, the financing was made possible by tools called “CRAs”, which are bonds specifically linked to Brazilian agribusiness. A spokesperson for Santander told Unearthed that CRAs are independently regulated and that it “has strong governance processes in place to ensure that required market standards are adhered to”. A UBS spokesperson told Unearthed that the bank “does not provide finance or advisory services to companies whose primary business activity is associated with illegal logging or high conservation value forest”.
AMAZON DROUGHT: Elsewhere, unprecedented drought in the Amazon continued to intensify. Earlier this month, the Negro River – the Amazon’s second-largest tributary – reached its lowest level since official measurements began 121 years ago, the Associated Press said. Reuters reported that human faces sculpted into stone up to 2,000 years ago have appeared at the edge of the Amazon River amid extremely low water levels. Bloomberg spoke to Brazilian atmospheric scientist Prof Paulo Artaxo, who said the drought is expected to “get worse” as no rainfall is projected “in the immediate horizon”.
Spotlight
COP15 official finale
In this spotlight, Carbon Brief examines the reaction to the conclusion of the COP15 meetings last week in Nairobi.
Although it has been almost one year since countries agreed to “halt and reverse” biodiversity loss by 2030, the meetings behind the UN agreement officially drew to a close last week.
Almost every country in the world signed up to the landmark Kunming-Montreal Global Biodiversity Framework (GBF) at the COP15 biodiversity summit in Montreal in December 2022.
Bernadette Fischler Hooper, the head of global advocacy at WWF International, said there “were no major breakthroughs, but also no catastrophes” at the talks. She told Carbon Brief:
“They couldn’t finish some of the outstanding business in Montreal, so they had to reopen the COP15 here [in Nairobi]. Then there were some elections that were still to be done and some other general orders of business.”
More than 700 people attended the meetings in Nairobi. The talks were two-fold – one was the resumed COP15 discussions and one was the 25th meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA-25).
A number of elections were also held for different positions within the COP.
The SBSTTA discussions brought together scientific and technical experts to give advice on the implementation of the GBF. A global review of progress, which will take place in 2026, was among the key discussion points, Fischler Hooper said.
This review is “the equivalent of the global stocktake in the climate COPs”, she said, which will see nations assess movement toward climate goals at COP28 in Dubai this year. Fischler Hooper said:
“The technical experts and scientific experts discussed what should be in this report. So it was very focused on what that report should contain.”
There was “significant progress” in providing scientific, technical and technological guidance on implementation, according to the SBSTTA chair, Hesiquio Benitez, who ended his five-year run as chair last week.
The recent assessment on invasive alien species was also discussed, alongside sustainable wildlife management plans and conservation.
Countries welcomed the sixth assessment report from the Intergovernmental Panel on Climate Change (IPCC) and “expressed alarm” about the “accelerating negative impact of climate change on biodiversity”, a Convention on Biological Diversity (CBD) press release said.
The interconnected nature of climate change and biodiversity was “hotly debated”, Fischler Hooper added. Delegates approved a draft recommendation on biodiversity and climate change in Nairobi.
Nature-based solutions (NBS) continue to be a “contentious” topic causing “a lot of frustration on many sides”, Fischler Hooper said. The controversial concept was a dividing issue at previous COP15 discussions.
NBS are essentially actions to protect, conserve and use ecosystems to address different challenges and provide benefits. (Read Carbon Brief’s Q&A on whether nature-based solutions help address climate change.)
A location has yet to be confirmed for the next UN biodiversity summit, COP16, due to take place next autumn. Turkey withdrew as host due to the three earthquakes that hit the country in February this year, killing more than 50,000 people and displacing millions.
The CBD said discussions are being held with other potential host countries. But if no frontrunner emerges by this December, the summit will likely be held again in Montreal, where the CBD is based.
David Cooper, the acting executive secretary of the CBD, said in a press release that the biodiversity framework is “well and truly on the way to implementation” following last week’s meetings.
But Avaaz, the campaign group, said documents remain with “a substantial number of brackets to be sorted out and resolved” at COP16 and earlier discussions next May.
The proposed indicators to measure implementation “risk being weak, especially for reviewing policies”, the Avaaz campaign director, Oscar Soria, said on Twitter.
News and views
VOICED OUT: An Australian referendum to set up an Indigenous advisory body to parliament failed with more than 60% of voters against the proposal, the Sydney Morning Herald reported. Indigenous groups described the outcome as “an unparalleled act of racism by white Australia”, according to the Guardian. The Central Land Council, one of four regional groups representing Indigenous affairs in the Northern Territory of the country, said: “We will keep fighting for equality, fighting for land, fighting for water, fighting for housing, infrastructure, good jobs, education, closing the gap – a future for our children.” (Indigenous peoples around the world play a key role in protecting as much as 80% of the world’s biodiversity.)
FOREST FOCUS: Civil-society groups are calling for “urgent” collective action to preserve three major tropical forest basins at a summit this week, Afrik 21 reported. The Three Basins summit – taking place over 26-28 October in Brazzaville, Republic of the Congo – aims to bring together leaders from the Amazon, Congo and Borneo-Mekong-south-east Asia regions to form a “global coalition”. Afrik 21 said the Eboko Foundation, a Congolese organisation, posted an “online call to action” with five priority areas, including the conservation and restoration of biodiversity in these regions. Carbon Brief will publish an in-depth article on the summit after it concludes.
‘CASH-FOR-CARBON HUSTLE’: The New Yorker has published a detailed long-read into how South Pole, the world’s largest carbon-offsetting firm based in Switzerland, “sold millions of credits for carbon reductions that weren’t real”. The article includes multiple interviews with the firm’s chief executive, Renat Heuberger, who told the publication: “We’re here to save the climate”. Previous media coverage investigating the practices of South Pole is included in Carbon Brief‘s map of the impacts of carbon-offsetting projects around the world.
‘ECO-CITY’ STAND-OFF: Around 7,500 Indigenous people could be forced off their land on the Indonesian island of Rempang to make way for a government-led “eco-city” project, BBC News reported. According to the publication, the government has secured Chinese investment to transform the island into an economic and tourist hub covering 7,000 of the island’s 17,000 hectares. The remaining 10,000 hectares will be protected forest cover, according to the plans. BBC News reported: “These ambitious plans require everyone who calls Rempang their home to leave. Many of them belong to seafaring Indigenous communities who have lived here for more than two centuries.” The broadcaster spoke to multiple families who are refusing to leave.
DELTA ‘EXTINCTION’: Coastal communities living in Nigeria’s low-lying Niger delta are at risk of “extinction” because of climate change, local civil-society groups have warned, according to a report in the Nigerian publication Business Day. It reported: “Godson Jim-Dorgu, executive director of Mac-Jim Foundation, said the coastal communities within the Niger delta would be wiped away sooner or later due to the effect of climate change.” The comments were made during a one-day meeting on climate change and gender in Port Harcourt, the capital of Nigeria’s Rivers State.
Watch, read, listen
MAYAN MISERY: An interactive feature from Reuters explored how climate change is contributing to hunger in Guatemala’s Mayan highlands.
PLANET EARTH III: The first episode of the third series of Planet Earth, presented by Sir David Attenborough, is available for UK viewers on the BBC iPlayer. For those outside the UK, the trailer and other clips can be viewed on the BBC Earth YouTube channel.
GREEN AND PLEASANT LAND: The Financial Times published an in-depth interactive exploring how the UK’s countryside might transform to meet its climate and nature goals.
FARMING WOES: Biman Mukherji, writing in the South China Morning Post, interviewed Himalayan farmers about the disruptive effects of climate change.
New science
Climate casualties or human disturbance? Shrinking distribution of the three large carnivores in the Greater Himalaya
Climatic Change
A new study found that the distribution of three large animals in the Greater Himalayas has shrunk since the early 1990s. The researchers analysed the effects of habitat traits, human disturbances and climatic factors to understand the distribution changes of the common leopard, snow leopard and Asiatic black bear in an Indian national park from the early 1990s until 2016-17. They found distribution reductions for all three animals within this timeframe. Snow leopards moved upwards, away from human settlements, while the common leopard and Asiatic black bear “suffered higher rates of local extinctions at higher altitudes” and moved to lower areas with more vegetation – even if this meant they were closer to humans.
Wilderness areas under threat from global redistribution of agriculture
Current Biology
As the climate warms, conditions suitable for growing crops are likely to shift into wilderness areas, potentially posing a new threat to these biodiversity-rich areas, new research suggested. Using climate model output and a crop suitability model, the study found that, over the next 40 years, 2.7m km2 of wilderness land will become newly suitable for agriculture – equivalent to 7% of all wilderness land outside of Antarctica. It added that the increase in potentially cultivable land in wilderness areas is “particularly acute” at higher latitudes in the global north, where 76% of wilderness areas will become suitable for growing crops. The researchers said: “Our results highlight an important and previously unidentified possible consequence of the disproportionate warming known…Without protection, the vital integrity of these valuable areas could be irreversibly lost.”
Increasing droughts with climate change may turn the world’s forests and plants from “a carbon sink into a carbon source [net emitter of CO2]”, a study found. The world’s “terrestrial biosphere” – plants and trees – currently absorbs around 30% of the emissions that humans release into the atmosphere, making it a carbon sink. However, increasing droughts under climate change could reduce the activity of plants, hence reducing their ability to absorb CO2. Using high-resolution climate models, the research found that drought-associated reductions in plant activity are projected to increase 2.3 times under a “sustainable development scenario” and 3.5 times under a “fossil-fuelled development scenario”. These losses are greater than the expected boost to plant growth from higher levels of CO2 in the atmosphere (a phenomenon known as the “CO2 fertilisation effect”), according to the research.
In the diary
- 26-28 October: Three Basins Summit | Brazzaville
- 30 October-8 November: 3rd part of the 28th annual session of the International Seabed Authority | Kingston
- 31 October-2 November: World Hydropower Congress | Bali
Cropped is researched and written by Dr Giuliana Viglione, Aruna Chandrasekhar, Daisy Dunne, Orla Dwyer and Yanine Quiroz. Please send tips and feedback to cropped@carbonbrief.org
The post Cropped 25 October 2023: Agri-disasters costing trillions; Bankrolling deforestation; COP15 official finale appeared first on Carbon Brief.
Climate Change
COP30 Bulletin Day 8: Draft decision draws battle lines on fossil fuel transition, finance and trade
Hopeful that countries can agree on a Belém “political package” by tomorrow when President Lula comes to town, Brazil’s COP30 presidency has drawn up the first draft of a text intended to form the backbone of a deal.
The “Mutirão” decision – which the summit’s hosts insist is not a cover text – delves into the four big issues that, although not formally on the agenda, have dominated the discussions in the humid Amazon city: emissions-cutting ambition, country’s climate plans, finance and trade.
The draft contains a menu of options reflecting a wide range of positions on the thorniest issues at stake, exposing the divisions between governments and the strong diplomatic push still needed to get an agreement over the line.
David Waskow, director of the international climate initiative at the World Resources Institute, said each bundle of options on the key topics contains both stronger and weaker elements, and countries now face a clear choice. They can get behind “the stronger elements and really reinforce the more ambitious potential outcomes or move in a weaker direction and water down what they come away with from Belém,” he added.
Mutirão decision for COP30 seen weak on fossil fuel roadmap
On efforts to cut greenhouse gas emissions, a decision could encourage countries to build on the landmark COP28 agreement and convene a roundtable aimed at supporting countries to develop “just, orderly and equitable transition roadmaps”, including on reducing dependency on fuels and stopping deforestation. That appears to refer to domestic blueprints and stops short of advocating for a global roadmap to transition away from fossil fuels which more than 80 countries are now calling for.
A second option, which analysts described as weaker, only invites countries to share opportunities and “success stories” on the transition towards “low carbon solutions”. There is a third option for no text.
The transition away from fossil fuels gets another mention in the section on how to respond to a shortfall in ambition in countries’ new national climate plans (NDCs) submitted this year.
Africa wants wiggle room on energy transition as funds fall short
The first option would see the creation of an annual forum to consider the UN’s official review of emission-cutting targets, known as a “synthesis report”, with the goal of “accelerating action” around the three energy-related outcomes agreed at COP28 in Dubai: tripling renewable energy capacity, doubling energy efficiency and transitioning away from fossil fuels in energy systems. All of those objectives are currently lagging behind.
Another option in the draft Mutirão” decision would instead see the establishment of a “Global Implementation Accelerator”, a voluntary initiative overseen by this year’s and next year’s COP presidencies to accelerate the implementation of commitments and support countries in turning NDC promises into action.
Under a third option, the COP30 and COP31 presidencies would coordinate the creation of a “Belem Roadmap to 1.5”, identifying ways to put the world back on track towards reaching the most ambitious temperature goal of the Paris Accord – which the UN has conceded will inevitably be breached, at least temporarily. The presidencies would produce a report summarising their work by COP31 next November.
Cosima Cassel, programme lead at UK think-tank E3G, said the current options should not be mutually exclusive and a strong outcome would include a combination of an annual stocktake on filling the ambition gap and a roadmap to wean the world off fossil fuels.
“For that to happen, the presidency will need to work hard to ensure the finance and adaptation package is robust enough to support enhanced NDCs,” she added.
Finance remains wide open, adaptation in focus
On adaptation finance, the draft text includes a proposal to triple the support provided by wealthy nations to help developing countries strengthen their resilience to climate impacts.
The language could be interpreted in two ways: either as a new standalone target of delivering an additional $120 billion per year by 2030, as proposed by the Least Developed Countries (LDC) group, or as a sub-target within the broader £300 billion annual climate-finance goal agreed last year – something likely to be more acceptable to developed countries with shrinking aid budgets.
There is also a weaker option that only goes as far as acknowledging the need to “dramatically scale up adaptation finance” and provide public and grant-based resources that do not come with strings attached or costly repayments.
After climate memo row, Gates gives $1.4bn to help farmers cope with a hotter world
On wider finance issues, the document features a sweep of options. There is the possibility of creating a three-year work programme and “legally-binding plan” on the implementation of Article 9.1 of the Paris Agreement, which requires rich nations to stump up cash for climate action in the developing world. That is something most developing countries have been calling for, but is highly unlikely to fly with industrialised nations.
Another option would see countries draw up four different roadmaps, including one aimed at building on the recommendations in the recently published Baku to Belém Roadmap, which charted a path to mobilise $1.3 trillion in annual climate finance for developing countries by 2035.
There is also an option for no text on finance.
Finding ways to talk about trade and climate
Proposals to tackle concerns over trade also feature prominently for the first time in a draft COP decision, after emerging economies like China and India led a pushback against climate-related mechanisms like the EU’s carbon border adjustment.
Li Shuo, director of the China Climate Hub at the Asia Society Policy Institute, said the final deal would need to include both a political message calling for an “open, free and fair” trading environment and the definition of a process with next steps to achieve that.
The draft includes a variety of options on both fronts. On the implementation front, the text suggests that the COP30 and COP31 presidencies could organise workshops examining the links between trade and climate. It also raises the option of launching a new dialogue or platform at next year’s mid-year session in Bonn and at COP31 to further discuss trade-related issues.
Another alternative is for a UN summit and an annual dialogue “on the importance of an open and supportive international economic system in the context of sustainable development and poverty eradication”.
Li added that trade is expected to be one of the “pillar stones” of the COP30 outcome, but discussions are still very “open-ended” at this stage, and a lot more work needs to be done to find compromises over the coming days.
COP31 – Australia bid losing steam?
After a year-long standoff between Turkey and Australia bidding for the hosting rights for next year’s COP31, Aussie prime minister Anthony Albanese showed the first signs of backing down today, saying that a stalemate would “not send a good signal”.
Speaking at an event in Perth, Albanese said “if Turkey is chosen, we wouldn’t seek to veto that”, The Guardian reported.
COP’s host rotates every year by region, with next year belonging to the group of “West Europe and Others” – which includes Australia and Turkey. If no agreement is reached by the group, the conference would be held in Bonn, at UN Climate Change headquarters, under the standing Brazilian presidency.
Albanese said defaulting the venue to Bonn would send the wrong signal “about the unity that’s needed for the world to act on climate”. Environment minister Chris Bowen has said he wants to bring world leaders to Adelaide, in collaboration with Pacific countries.
A majority of voting countries in the group are supporting Australia’s bid, but Turkey has not withdrawn its bid with just a few days left until the end of COP30 – the deadline for choosing the next host city. COP32’s host, on the other hand, was settled last week, with Ethiopia winning the bid to host the 2027 conference in its capital Addis Ababa.
Pope keeps faith in 1.5C
The United Nations may have accepted that overshooting 1.5C of warming – at least temporarily – is inevitable – but God’s representative on Earth didn’t get the memo.
The new pope, Leo XIV, sent a video message to cardinals from the Global South gathered at the Amazonian Museum in Belém on Monday evening, saying “there is still time to keep the rise in global temperature below 1.5°C” although, he warned, “the window is closing.”
“As stewards of God’s creation, we are called to act swiftly, with faith and prophecy, to protect the gift he entrusted to us,” he said, reading from a sheet of paper in front of a portrait of the Vatican.
And he defended the 10-year-old Paris Agreement, saying it has ”driven real progress and remains our strongest tool for protecting people and the planet.” “It is not the Agreement that is failing – we are failing in our response,” he said. In particular, the American Pope pointed to “the political will of some.”
“We walk alongside scientists, leaders and pastors of every nation and creed. We are guardians of creation, not rivals for its spoils. Let us send a clear global signal together: nations standing in unwavering solidarity behind the Paris Agreement and behind climate cooperation,” he emphasised.
UN climate chief Simon Stiell welcomed the message, adding that the Pope’s words “challenge us to keep choosing hope and action, honouring our shared humanity and standing with communities all around the world already crying out in floods, droughts, storms and relentless heat”.
War’s carbon footprint grows but stays off the books
During the Leaders’ Summit that happened just before COP, Brazilian President Luiz Inácio Lula da Silva referred to ongoing conflicts around the world, saying that “spending twice as much on weapons as we do on climate action is paving the way for climate apocalypse”. “There will be no energy security in a world at war,” he added.
But COP30’s schedule doesn’t appear to reflect his concerns, as there’s no mention of any peace initiative on the official schedule and no thematic day for peace, a marked difference from COP28 and COP29, when Baku called for a global truce for the summit’s duration. It didn’t produce the desired result.
And yet discussions about militarism and what it is costing the planet have not been absent from the COP30 halls. The first week saw the publication of ‘Accounting for the uncounted: The global climate impact of military activities’, an analysis by a group of civil society organisations and the University of Warwick that showed how global armed forces produce 5.5% of all greenhouse gas emissions.
If counted as a country, they would be the fourth-biggest emitter, topped only by the US, China and India – and producing more emissions than the continent of Africa.
Ellie Kinney, senior climate advocacy officer with the Conflict and Environment Observatory (CEOBS), one of the organisations behind the report, explained that, while the Paris Agreement made military emissions reporting voluntary, few countries fully comply.
China and the US, the world’s two biggest military spenders, have ceased their partial reporting on them altogether: the US has not sent its annual report to UNFCCC this year, and China said its military emissions are “not occurring”.
Yet the research findings are alarming: the Russia-Ukraine conflict has produced 237 million tonnes of CO₂ over three years, while the Gaza conflict has already surpassed the combined annual emissions of Costa Rica and Estonia. The Afghanistan war was responsible for a staggering 400 million tonnes CO₂, and the EU’s rearmament could lock in 200 million tonnes of CO₂ mainly through the production and transportation of weapons, an activity that uses steel and aluminium, which are very carbon-intensive to produce.
Ana Toni, COP30’s CEO, said back in March that countries that increase their military budgets should also increase their climate spending or face more wars in the future. “Wars come and go. Unfortunately, climate change is there for a long time,” she added.
The European Parliament used its annual COP resolution this year to call on the defence sector to help tackle climate change by cutting its emissions intensity and urged EU decision-makers to formulate a proposal to increase the transparency of military emissions accounting to the UNFCCC.
Campaigners want military emissions reporting to be mandatory, especially after 2024 – the first calendar year to surpass the 1.5C temperature goal and, with 56 wars involving 92 nations, the year with the highest number of active conflicts since WWII.
“We can’t have this future where defence comes at the cost of climate action,” Kinney of CEOBS said. “Military security is not the only security – climate action is part of our collective security, too.”
The post COP30 Bulletin Day 8: Draft decision draws battle lines on fossil fuel transition, finance and trade appeared first on Climate Home News.
COP30 Bulletin Day 8: Draft decision draws battle lines on fossil fuel transition, finance and trade
Climate Change
COP Bulletin Day 8: Pope keeps faith in 1.5C
The United Nations may have accepted that overshooting 1.5C of warming – at least temporarily – is inevitable – but God’s representative on Earth didn’t get the memo.
The new pope, Leo XIV, sent a video message to cardinals from the Global South gathered at the Amazonian Museum in Belém last night, saying “there is still time to keep the rise in global temperature below 1.5°C” although, he warned, “the window is closing.”
“As stewards of God’s creation, we are called to act swiftly, with faith and prophecy, to protect the gift he entrusted to us,” he said, reading from a sheet of paper in front of a portrait of the Vatican.
And he defended the 10-year-old Paris Agreement, saying it has ”driven real progress and remains our strongest tool for protecting people and the planet.” “It is not the Agreement that is failing – we are failing in our response,” he said In particular, the American Pope pointed to“the political will of some.”
“We walk alongside scientists, leaders and pastors of every nation and creed. We are guardians of creation, not rivals for its spoils. Let us send a clear global signal together: nations standing in unwavering solidarity behind the Paris Agreement and behind climate cooperation,” he emphasised.
UN climate chief Simon Stiell welcomed the message, adding that the Pope’s words “challenge us to keep choosing hope and action, honouring our shared humanity and standing with communities all around the world already crying out in floods, droughts, storms and relentless heat”.
The post COP Bulletin Day 8: Pope keeps faith in 1.5C appeared first on Climate Home News.
Climate Change
A fast, fair, full, and funded fossil fuel phaseout
I pause to write this letter in the middle of week one of the 30th UNFCCC Conference of the Parties — the big international climate conference, the space for multilateral decision making to save ourselves from ourselves and rein in the climate crisis. Day two photos showed that a torrential downpour left the blue zone entrance flooded. Mother Nature is present and making her anger known.
This morning I also saw the announcement of Time Magazine’s 100 Climate leaders for 2025. At the top of the list I found the Global Head of Climate Advisory for JP Morgan Chase, Sarah Kapnick. I shook my head, thinking perhaps I was still asleep, and refocused. There it was indeed.
JPMorgan Chase is the world’s largest financier of fossil fuels, having provided over $382 billion since the Paris Agreement, with $53.5 billion in 2024 alone. The bank faces criticism from scientists and activists for its continued large-scale investments, particularly in fossil fuel expansion. How does a person who works for such an institution end up being lauded as a hero working to resolve the climate crisis?
Last week the Guardian released a report from Kick Big Polluters Out showing that over the past four years fossil fuel lobbyists have gained access to negotiation spaces at COP. The roughly 5,350 lobbyists mingling with world leaders and climate negotiators in recent years worked for at least 859 fossil fuel organizations including trade groups, foundations and 180 oil, gas and coal companies involved in every part of the supply chain from exploration and production to distribution and equipment. There are more fossil fuel lobbyists and executives in negotiations than delegates representing the most climate vulnerable countries on the planet.
We’ve known since the late 1800s that greenhouse gas emissions warm the planet. In 1902 a Swedish chemist Svante Arrhenius calculated that burning fossil fuels will, over time, lead to a hotter Earth. But the fossil fuel industry followed Big Tobacco’s playbook and despite knowing the truth, waged a multi-decade, multibillion dollar disinformation, propaganda and lobbying campaign to delay climate action by confusing the public and policymakers about the climate crisis and its solutions. See this report from Climate Action Against Disinformation and the Exxon funded think tanks to spread climate change denial in Latin America.
They’ve infiltrated our K-12 classrooms. The Oklahoma Energy Resources Board, a state agency funded by oil and gas producers, has spent upwards of $40m over the past two decades on providing education with a pro-industry bent, including hundreds of pages of curriculums, a speaker series and an after-school program — all at no cost to educators of children from kindergarten to high school. In Ohio students learn about the beauty of fracking. Even Scholastic, a brand trusted by parents and educators, has attached its seal of approval to pro fossil fuel materials. Discovery Education has also embedded pro oil propaganda into its science and stem free resources.
There is no just transition, no possible way to keep our global temperatures to the limit agreed to in Paris ten years ago without a fast and fair phase out of fossil fuels. We know this is possible, during the first half of 2025, renewables generated more electricity than coal. As UN General Secretary António Guterres said in his opening remarks in Belem, “We’ve never been better equipped to fight back… we just lack political courage.”
Next year, I hope that TIME’s Climate 100 is a list of indigenous climate activists from around the world, whose leadership has led us to find the political courage Guterres spoke of, the courage to do the right thing and phase out fossil fuels forever.
Susan Phillips
Executive Director
Photo by Andrea DiCenzo
The post A fast, fair, full, and funded fossil fuel phaseout appeared first on Climate Generation.
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