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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.

This is an online version of Carbon Brief’s fortnightly Cropped email newsletter.
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On Monday 4 November 2024, Carbon Brief will be hosting two webinars – one in English and one in Spanish – where we will be unpacking all of the details and decisions from COP16.

Key developments

Millions versus billions

FINANCE FIGHT: Resource mobilisation continues to be one of the most divisive negotiation topics at COP16, which provides the first litmus test for how developed countries have progressed on their finance commitments since Montreal. Pledges made so far have been far short of closing the $700bn-a-year finance gap for biodiversity. In a non-paper compiling countries’ views on a new resource mobilisation strategy for 2025-30, developing countries revived their call for a new financial mechanism under the COP, which is opposed by developed countries. The new fund “could become the biggest issue for debate” at the talks, Climate Home News reported. COP16 president Colombia’s attempt to include references to the global debt crisis have also faced marked opposition. The one point of consensus, however, is to mobilise funds for nature from “all sources”.

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ALL SOURCES GO?: Attempts to thaw the finance deadlock began right from the start of COP, chiefly through private and hybrid finance initiatives. The International Advisory Panel on Biodiversity Credits launched its “high-integrity” principles for biodiversity markets, which were called “extremely problematic” by the Green Finance Observatory, a sustainable finance thinktank. The Brazil-led Tropical Forests Finance Facility (TFFF) took centre stage on “finance day” at COP16. The fund aims to raise $125bn for six rainforest nations through re-investing long-term loans from developed countries. Seven countries, including New Zealand, France and Austria, as well as Quebec, pledged $163m in total to the Global Biodiversity Framework Fund. “We are talking about millions that have been pledged…But what we are expecting are billions,” Irène Wabiwa Betoko from Greenpeace told Reuters. Other observers told Carbon Brief that “at least this $163m is grant money and not loans”.

OCEAN ACTION: On 23 October, Panama ratified the “High Seas Treaty”, bringing the total number of ratifications to 14 out of the 60 that are required for the treaty to enter into force, according to the High Seas Alliance. At a press conference on Monday, a host of philanthropies announced a joint pledge of $51.7m to “accelerate the creation” of high-seas marine protected areas, which are critical for meeting the COP15 “30 by 30” target. Coral reefs are also garnering attention, with an “emergency special session” on coral reefs added to Wednesday’s schedule in response to the recent announcement that the current mass bleaching event is the largest ever. On Tuesday, ambassador Peter Thomson, UN special envoy for the ocean, warned that “we’re approaching the collapse of an entire ecosystem” and implored governments and philanthropies to open their wallets for coral reef protection.

Future plans

POLITICAL WILL: Colombian president Gustavo Petro criticised the “lack of action” on climate change and biodiversity loss around the world in a speech during COP16’s high-level segment. Petro joined five other heads of state, more than 100 ministers and other key figures at the event over 29-30 October. Petro noted that both COP16 and the COP30 climate talks, due to be held next year in Belém, Brazil, must be “decisive” and “turning points where we won’t continue doing the same thing”. UN secretary general António Guterres said in his speech that “nature is life”, but there is a “war against it”. He added: “Biodiversity is humanity’s ally. We should move from destroying it to preserving it.”

BIODIVERSITY PLEDGES: As negotiations inch towards consensus in Cali, there has been little progress on country-level biodiversity pledges, known as “national biodiversity strategies and action plans” (NBSAPs). On Tuesday, Germany released its NBSAP – leaving the UK as the only G7 nation still working to produce a new pledge. (The US is not a signatory to the Convention on Biological Diversity and so does not produce NBSAPs.) It means that 36 countries have now submitted NBSAPs, with 161 yet to do so. Countries that were unable to meet the deadline to submit NBSAPs ahead of COP16 were requested to instead submit national targets. These submissions – which have currently been submitted by 115 parties – list biodiversity targets that countries will aim for without an accompanying plan for how they will be achieved.

AMAZON ALLIANCE: A collection of organisations from the Amazon basin launched the “G9 Indigenous Amazon coalition”. The coalition aims to strengthen the voices of countries and Indigenous peoples living in that region, according to the Coordination of Indigenous Organisations of the Brazilian Amazon (COIAB). This is particularly important when they are participating in international negotiations at climate and biodiversity COPs, COIAB said. El Espectador covered the launch and reported that the G9 comprises Peru, Colombia, Brazil, Venezuela, Ecuador, Suriname, Guiana and French Guiana. 

Close ties

CLIMATE LINKS: Forging closer links between action on climate change and biodiversity loss is a key priority of the Colombian COP16 presidency, with ministers expected to speak on the topic during a session of the high-level segment today. However, the negotiations for the decision text on links between climate change and biodiversity loss at the summit have been fraught. One negotiator told Carbon Brief that developing nations have concerns that tying the two problems closer together might reduce the already limited pool of funding available for either problem. Elsewhere, parties are having lengthy conversations about how the text should cover geoengineering, a term for techniques that seek to reduce warming either by drawing down CO2 from the atmosphere or reflecting sunlight away from Earth.

HEALTH TIES: A global plan to boost the policy links between biodiversity and the health of species and the environment is close to being agreed in Cali. A draft of the plan – which has been negotiated over the past four years – has just 15 square brackets (which denote matters that are still unresolved) left. Speaking at a COP16 side event, Dr Susan Lieberman, the vice-president of international policy at the Wildlife Conservation Society, said the plan is an “opportunity” to help governments tackle issues that can cause pandemics, such as the spread of pathogens from one species to another. Colman O’Criodain, the head of biodiversity policy at WWF International, told Carbon Brief in Cali: “At the end of the day, this plan is only going to be voluntary. But it’s still good guidance.” 

‘ACCELERATING’ CONSERVATION: At COP16, the UN Environment Program (UNEP) and the International Union for Conservation of Nature (IUCN) launched a new report concluding that governments must “accelerate” progress to fulfil the target of protecting 30% of the planet by 2030. Currently, 17.6% of land and inland waters and 8.4% of the ocean and coastal areas lie in protected and conserved areas. However, the document added, for the countries to meet the 30 by 30 conservation target – established in the Kunming-Montreal Global Biodiversity Framework – the world will need to expand such areas.

News and views

CORPORATIONS AT COP: An investigation by DeSmog mapped the pathways to corporate influence at the UN biodiversity talks. Alongside the government negotiators are “delegates and observers from powerful industry groups, which represent the companies whose operations are actively depleting the natural world”, the outlet wrote. It listed a range of industries represented at COP16, including commodities giants, oil majors, pharmaceutical multinationals and agrochemical companies. The article said: “Compared to climate summits, where corporate logos and lobbyists are more visible, here they are flying under the radar. Yet they have found ways to tap into the negotiations.”

DON’T HAVE A COW: The loss of livestock biodiversity is “just as critical [a] biodiversity crisis” as the loss of nature’s flora and fauna, Dr Christian Tiambo of the International Livestock Research Institute argued in the Inter-Press Service. Tiambo wrote that countries must include plans to conserve livestock biodiversity in their NBSAPs. He added: “The ability to…make use of the locally adapted characteristics of indigenous breeds is becoming increasingly valuable as the impacts of climate change threaten conventional and exotic breeds.”

CONSERVING THE CHOCÓ: Colombia and Costa Rica “announced a major biodiversity agreement to fund conservation efforts across the Chocó Biogeographic Region” at the summit, Bogota’s City Paper reported. The Chocó “is a global biodiversity hotspot threatened by deforestation, climate change and illegal activities, such as mining and logging”, it added. The announcement will “mobilise resources” to protect the region, which stretches from Panama to Peru, but no details have yet emerged on the specifics of the plan.

‘ENVIRONMENTAL CRISIS’: Writing in the Conversation, Dr Jesica Lopez, who studies the Colombian Amazon, said that “the region is experiencing an environmental crisis” as “the rainforest is fast being deforested and turned into pastures for cattle ranches”. She identified a number of issues as critical to the success of COP16 and to the preservation of the Amazon, including “develop[ing] robust mechanisms to monitor progress” and “mobilis[ing] sufficient resources, particularly for developing countries”. Lopez concluded: “The summit should also work towards recognising Indigenous peoples’ rights and traditional knowledge, and including their voices in policy decisions, and must address violence against environmental defenders.”

Watch, read, listen

REVIVING A RIVER: Against the backdrop of COP16, a Deutsche Welle video explored a European plan to restore parts of the river Rhine, shared by Switzerland and Germany.

‘PLACEBO HOPE’: In the Guardian, Jonathan Watts reflected on promises made during COP season and warned of the “misuse of hope to encourage risk rather than responsibility”.

FOSSIL FOODS: A new Fuel to Fork podcast revealed the links between fossil fuels and food, looking at “how food accounts for 15% of global fossil fuel use”. 
NATURE RIGHTS: Context.news looked at how Latin American countries are leading the way in granting nature legal rights and the challenges in translating court wins to conservation.

New science

  • The average peak daily growth rate for “destructive fast fires” –  defined as fires that grow more than 1,620 hectares in one day – more than doubled in the western US over 2001-20, according to new research published in Science. Using satellite data to analyse the growth rates of more than 60,000 fires, scientists found that destructive fast fires were responsible for 78% of destroyed structures and 61% of suppression costs in the US.
  • Research in the Proceedings of the National Academy of Sciences found that a 1% increase in deforestation in the Brazilian Amazon was associated with a 6.3% jump in malaria cases the following month. Using monthly deforestation and malaria case data, researchers found that “the effect of deforestation on malaria was even larger in areas with higher forest cover”.
  • The net amount of CO2 that the world’s land area absorbed last year was the smallest since 2003, said a new study in National Science Review. Land regions exposed to extreme heat in 2023 “contributed a gross carbon loss”, the researchers noted, “indicating that record warming in 2023 had a strong negative impact on the capacity of terrestrial ecosystems to mitigate climate change”.

In the diary

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 30 October 2024: The state of play at COP16 appeared first on Carbon Brief.

Cropped 30 October 2024: The state of play at COP16

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Indigenous groups warn Amazon oil expansion tests fossil fuel phase-out coalition

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Indigenous leaders from across the Amazon have warned that stopping the expansion of oil drilling into their territories will be a crucial test for a growing international coalition committed to transitioning away from fossil fuels.

As 60 countries discussed at a landmark conference in Santa Marta, Colombia, pathways to end the world’s reliance on fossil fuels, Indigenous groups said the process risks losing credibility if governments continue opening new oil frontiers in the Amazon.

Their central demand was the establishment of fossil fuel “exclusion zones” across Indigenous territories and biodiverse areas of the rainforest, permanently barring new oil and gas expansion in one of the world’s most critical ecosystems. Indigenous representatives proposed establishing protected “Life Zones”, which they said would provide legal safeguards against governments and companies seeking to expand extraction into their lands.

But Indigenous delegates left the conference frustrated as the final synthesis report drafted by co-chairs Colombia and the Netherlands failed to include the proposal.

In a statement at the end of the conference, Patricia Suárez, from the Organization of Indigenous Peoples of the Colombian Amazon (OPIAC), said formally declaring Indigenous territories – especially those inhabited by peoples in voluntary isolation – as exclusion zones for extractive industries was “an urgent measure”.

“If the heart of the conference does not begin there, it risks remaining a set of good intentions that fails to respond to either science or our Indigenous knowledge systems,” she added.

Pushing for a new oil frontier

Campaigners say the pressure on the Amazon is intensifying just as scientists warn the rainforest is nearing irreversible collapse. Around 20% of all newly identified global oil reserves between 2022 and 2024 were discovered in the Amazon basin, fuelling renewed interest from governments and companies seeking to develop the region as the world’s next major oil frontier.

Ecuador has moved ahead with the auction of new oil blocks in the rainforest, while the country’s right-wing president Daniel Noboa has promoted the region as a “new oil-producing horizon” and backed efforts to expand fracking with support from Chinese companies.

    In Santa Marta, a coalition of seven Indigenous nations from Ecuador issued a declaration condemning the government, which did not participate in the conference.

    “While the world talks about energy transition, our government is pushing for more oil in the Amazon,” said Marcelo Mayancha, president of the Shiwiar nation. “Throughout history, we have always defended our land. That is our home. We will forever defend our territory.”

    Indigenous groups also warned that Peru – another South American nation absent from the conference – plans to auction new oil blocks in the Yavarí-Tapiche Territorial Corridor, a highly sensitive region along the Brazilian border that contains the world’s largest known concentration of Indigenous peoples living in voluntary isolation.

    COP30 host under scrutiny

    Indigenous leaders also criticised Brazil, arguing that despite its international climate leadership, the country is simultaneously advancing major new oil projects in the Amazon region.

    Luene Karipuna, delegate from Brazil’s coalition of Amazon peoples (COIAB), said the oil push threatens the stability of the rainforest. Not far from her home, in the northern state of Amapá, state-run oil giant Petrobras is currently exploring for new offshore oil reserves off the mouth of the Amazon river.

    Brazil participated in the Santa Marta conference and was among the countries that first pushed for discussions on transitioning away from fossil fuels at COP negotiations. Yet the country is also planning one of the largest expansions in oil production in the world, according to last year’s Production Gap report.

    Veteran Brazilian climate scientist Carlos Nobre told Climate Home that the country’s participation at the Santa Marta conference contrasted with its oil and gas production targets. “It does not make any sense for Brazil to continue with any new oil exploration,” he said, and noted that science is clear that no new fossil fuels should be developed to avoid crossing dangerous climate tipping points.

    He added that the Brazilian government faces pressures from economic sectors, since Petrobras is one of the countries top exporting companies. “They look only at the economic value of exporting fossil fuels. Brazil has to change.”

    The COP30 host also promised to draft a voluntary proposal for a global roadmap away from fossil fuels, which is expected to be published before this year’s COP31 summit.

    “In Brazil, that advance has caused so many problems because it overlaps with Indigenous territories. Companies tell us there won’t be an impact, but we see an impact,” Karipuna said. “We feel the Brazilian government has auctioned our land without dialogue.”

    For Karipuna and other Indigenous leaders, establishing exclusion zones across the Amazon is no longer just a regional demand, but a prerequisite to prevent the collapse of the rainforest.

    “That’s the first step for an energy transition that places Indigenous peoples at the centre,” she added.

    The post Indigenous groups warn Amazon oil expansion tests fossil fuel phase-out coalition appeared first on Climate Home News.

    https://www.climatechangenews.com/2026/05/08/indigenous-amazon-oil-expansion-fossil-fuel-phase-out-coalition-santa-marta/

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    Kenya seeks regional coordination to build African mineral value chains

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    African leaders have intensified calls for governments to stop exporting raw minerals and step up efforts to align their policies, share infrastructure and coordinate investment to add value to their resources and bring economic prosperity to the continent.

    In a speech to the inaugural Kenya Mining Investment Conference & Expo in Nairobi this week, Kenyan President William Ruto became the latest African leader to confirm the country will end exports of raw mineral ore. The East African nation has deposits of gold, iron ore and copper and recently launched a tender for global investors to develop a deposit of rare earths, which are used in EV motors and wind turbines, valued at $62 billion.

    Kenya is among more than a dozen African nations that have either banned or imposed export curbs on their mineral resources as they seek to process minerals domestically to boost revenues, create jobs and capture a slice of the industries that are producing high-value clean tech for the energy transition.

      “For too long we have extracted and exported raw materials at the bottom of the value chain, while others have processed, refined, manufactured and captured the greater share of economic value,” Ruto told African ministers and stakeholders gathered at the mining investment conference in Nairobi.

      As a result, Africa currently captures less than 1% of the value generated from global clean energy technologies, he said. To address this, Kenya, in collaboration with other African nations, “will process our minerals here in the continent, we will refine them here and we will manufacture them here”, he added.

      Mineral export restrictions on the rise

      Africa is a major supplier of minerals needed for the global energy transition. The continent holds an estimated 30% of the world’s critical mineral reserves, including lithium, cobalt and copper. The Democratic Republic of Congo produces roughly 70% of global cobalt, a key ingredient in lithium-ion batteries, while countries such as Guinea dominate bauxite production, and Mozambique and Tanzania hold significant graphite deposits.

      But African governments have struggled to attract the investment needed to turn their vast mineral wealth into a green industrial powerhouse. Recently Burundi, Malawi, Nigeria and Zimbabwe are among those that have resorted to banning the export of unrefined minerals to incentivise foreign companies to invest in value addition locally.

      Outdated geological data limits Africa’s push to benefit from its mineral wealth

      This week, Zimbabwe exported its first shipments of lithium sulphate, an intermediate form of processed lithium that can be further refined into battery-grade material, from a mine and processing plant operated by Chinese company Zhejiang Huayou Cobalt.

      After freezing all exports of lithium concentrate – the first stage of processing – earlier this year, the government introduced export quotas and will ban all exports from January 2027.

      Export restrictions on critical raw materials have grown more than five-fold since 2009, found a report by the Organisation for Economic Co-operation and Development (OECD) published this week. In 2024, a more diverse group of countries, including many resource-rich developing economies in Africa and Asia, introduced restrictions, including Sierra Leone, Nigeria and Angola.

      This is “a structural shift in the wrong direction,” Mathias Cormann, the OECD’s secretary-general, told the organisations’ Critical Minerals Forum in Istanbul, Turkey, this week.

      “We understand the motivations: building local industries, managing environmental impacts, capturing greater value domestically. But our research is quite clear. Export restrictions distort investment, reduce volumes and undermine supply security often while delivering limited gains in value added,” he said.

      In-country barriers to success

      Thomas Scurfield, Africa senior economic analyst at the Natural Resource Governance Institute, told Climate Home News that export restrictions “can look like a promising route to local value addition” for cash-strapped African mineral producers but have “rarely worked” unless countries already have reliable energy, infrastructure and competitive costs for processing.

      “Without those conditions, bans may simply push companies to scale back mining rather than scale up processing,” he said.

      Alaka Lugonzo, partnerships lead for Africa at Global Witness, identified gaps in practical skills and infrastructure as other major barriers. “You need engineers, geologists, marketers,” Lugonzo said, warning that graduates are increasingly unable to match the pace of industry change.

      On infrastructure, she said that plentiful and stable energy supplies are vital and while Kenya has relatively robust road networks, they are insufficient for industrial-scale operations.

      “Meaningful value addition and real industrialisation requires heavy machinery… and you will need better infrastructure,” she said, highlighting persistent last-mile challenges in mining regions where “there’s no railway, there’s no electricity, there’s no water”.

      Export capacity is another concern, she said, particularly whether existing port systems could handle increased volumes of processed minerals.

      Regional approach recommended

      Scurfield said that through regional cooperation – including pooling supplies, specialising across different stages of refining and manufacturing, and building larger regional markets – “African countries could overcome many domestic constraints that make going alone difficult”.

      That’s what close to 20 African governments are working to deliver as part of the Africa Minerals Strategy Group, which was set up by African ministers and is dedicated to foster cooperation among African nations to build mineral value chains and better benefit from the energy transition.

      Africa urged to unite on minerals as US strikes bilateral deals

      Nigerian Minister of Solid Minerals Dele Alake, who chairs the group, said “true collaboration” between countries, including aligning mining policies, sharing infrastructure, coordinating investment strategies and promoting trade across the continent, will create the conditions for long-term investments that could turn Africa into “a formidable and competitive force within the global mineral supply chain”.

      “The time has come for Africa to redefine its place within the global mineral economy and that transformation must begin with regional integration and regional cooperation,” he told the mining investment conference in Nairobi.

      Lugonzo of Global Witness agreed, saying that value-addition would benefit from adopting a continental perspective. “Why should Kenya build another smelter when we can export our gold to Tanzania for smelting, and then we use the pipeline through Uganda to take it to the port and we export it?” she asked.

      To facilitate that, there is a need to operationalise the Africa Free Trade Continental Agreement (AFTCA), she added. “That agreement is the only way Africa is going to move from point A to point B.”

      The post Kenya seeks regional coordination to build African mineral value chains appeared first on Climate Home News.

      https://www.climatechangenews.com/2026/04/30/kenya-seeks-regional-coordination-to-build-african-mineral-value-chains/

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      Climate Change

      Key green shipping talks to be held in late 2026

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      The future of the global shipping industry – and its 3% share of global emissions – will be decided in three weeks of talks in the third quarter of this year, after a decision taken in London on Friday.

      At the International Maritime Organisation (IMO) headquarters this week, governments largely failed to substantively negotiate a controversial set of measures to penalise polluting ships and reward vessels running on clean fuels known as the Net-Zero Framework. The green shipping plan has been aggressively opposed by fossil fuel-producing nations, in particular by the US and Saudi Arabia.

      This week, countries delivered statements outlining their views on the measures in a session that ran from Wednesday into Thursday. Then, late on Friday afternoon, they discussed when to negotiate these measures and what proposals they should discuss.

      After a lengthy debate, which the talks’ chair Harry Conway joked was confusing, governments agreed to hold a week of behind-closed-door talks from 1 September to 4 September and from 23 November to 27 November.

      Following these meetings, which are intended to negotiate disagreements on the NZF and rival watered-down measures proposed by the US and its allies, there will be public talks from November 30 to December 4.

        Last October, talks intended to adopt the NZF provisionally agreed in April 2025 were derailed by the US and Saudi Arabia, who successfully persuaded a majority of countries to vote to postpone the talks by a year.

        Those talks, known as an extraordinary session, are now scheduled to resume on Friday December 4 unless governments decide otherwise in the preceding weeks. While this Friday session will be in the same building with the same participants as the rest of the week’s talks, calling it the extraordinary session is significant as it means the NZF can be voted on.

        Em Fenton, senior director of climate diplomacy at Opportunity Green said that the NZF “has survived but survival is not a victory” and called for it to be adopted later this year “in a way that maintains urgency and ambition, and delivers justice and equity for countries on the frontlines of climate impacts”.

        NZF’s supporters

        The NZF would penalise the owners of particularly polluting ships and use the revenues to fund cleaner fuels, support affected workers and help developing countries manage the transition.

        Many governments – particularly in Europe, the Pacific and some Latin American and African nations – spoke in favour of it this week.

        South Africa said the fund it would create is “the key enabler of a just transition” and its removal would take away predictable revenues from African countries. Vanuatu said that “we are not here to sink the ship but to man it”.

        Australia’s representative called it a “carefully balanced compromise”, as it was provisionally agreed by a large majority after years of negotiations, and warned that failing to adopt it would harm the shipping industry by failing to provide certainty.

        Santa Marta summit kick-starts work on key steps for fossil fuel transition

        Canada’s negotiator said that if it was weakened to appease its critics like the US and Saudi Arabia, this would disappoint those who think it is too weak already like the Pacific islands.

        A large group of mainly big developing countries like Nigeria and Indonesia did not rule out supporting the framework but called for adjustments to help developing countries deal with the changes. Nigeria called for developing countries to be given more time to implement the measures, a minimum share of the fund’s revenues and discounts for ships bringing them food and energy.

        According to analysis from the University of College London’s Energy Institute, the countries speaking in support of the NZF include five countries which voted with the US to postpone talks in October and a further ten countries which did not take a clear position at that time. Most governments support the NZF as the basis for further talks, the institute said.

        Opposition remains

        But a small group of mainly oil-producing nations said they are opposed to any financial penalties for particularly polluting ships.

        They support a proposal submitted by Liberia, Argentina and Panama which has proposed weakening emission targets and ditching any funding mechanism for the framework involving “direct revenue collection and disbursement”.

        Argentina argued that the NZF would harm countries which are far from their export markets and said concerns over that cannot be solved “by magic with guidelines”. They added that, as a result, the NZF itself needs to be fundamentally re-negotiated.

        The UCL Energy Institute said that just 24 countries – less than a quarter of those who spoke – said they supported Argentina’s proposal.

        While this week’s talks did not see the kind of US threats reported in October, their delegation did leave personalised flyers on every delegate’s desk which were described by academics, negotiators and climate campaigners as misleading.

        One witness told Climate Home News that junior US delegates arrived early on Wednesday and placed flyers behind governments’ name plates warning each country of the costs they would incur if the NZF is adopted.

        The figures on a selection of leaflets seen by Climate Home News ranged from $100 million for Panama to $3.5 billion for the Netherlands. “They are trying to scare countries away from supporting climate action with one-sided information”, one negotiator told Climate Home News.

        A flyer left on Pakistan’s desk, shared by a witness with Climate Home News

        They added that the calculations, by the US State Department’s Office of the Chief Economist, ignore the fact that the money raised would be shared to help poorer countries’ transition as well as ignoring the economic costs of failing to address climate change.

        Tristan Smith, an academic representing the Institute of Marine Engineering, Science and Technology, told the meeting that the calculations were “opaque” and flawed as they overstate the contribution of fuel cost to trade costs.

        A US State Department Spokesperson said in a statement that they “firmly stand behind our estimates” which were shared “in good faith” and to “provide an additional tool to policymakers as they contemplate the true economic burden over the NZF”.

        The post Key green shipping talks to be held in late 2026 appeared first on Climate Home News.

        https://www.climatechangenews.com/2026/05/01/key-green-shipping-talks-to-be-held-in-late-2026/

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