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France and Kenya are set to launch an international taxation taskforce at Cop28 to push for new levies to raise more money for climate action.

The governments are in advanced discussions with a handful of European and Global South countries that could join the coalition in Dubai, according to a source with knowledge of the talks.

The taskforce is planning to consider a broad range of options, including levies on international shipping, aviation, financial transactions and fossil fuels, Climate Home understands.

Chrysoula Zacharopoulou, France’s development minister, said the goal is to agree on specific proposals by Cop30, in two years’ time. Those could then be negotiated in relevant international institutions, like the OECD, the UN or the G20, she added.

Barbados’s climate envoy Avinash Persaud told Climate Home the country is “happy to participate” in the initiative.

What can be taxed

Many country leaders and climate experts see taxes as among the most promising so-called innovative sources of finance that could help plug the large gap in the provision of climate funding to vulnerable countries.

“The need for additional resources internationally is paramount”, said Persaud. “The Green Climate Fund, the new loss and damage fund, these all need real resources in the billions of dollars and they can’t come from existing tax-revenues so easily, so we need additional revenues.”

Taxes on fossil fuel extraction and the emissions of the shipping industry could raise up to $210 billion and $60 billion a year respectively, according to a recent study by Climate Action Network and the European Commission.

Sources of taxation and potential revenues, according to the CAN study.

However, reaching an agreement over those measures is politically challenging and would require several years.

French-Kenyan alliance

Political momentum has gathered pace since the global financial summit in Paris last June, when 40 countries agreed to look into new avenues for international taxation, focussing initially on large greenhouse gas-emitting sectors.

Speaking at the end of the event, France President Emmanuel Macron stressed the importance of global coordination. “It doesn’t work when you do it alone, the financial flows go elsewhere”, he said.

Shades of green hydrogen: EU demand set to transform Namibia

Macron found a crucial ally in Kenya’s President William Ruto, who put the issue on the agenda at the African climate summit in Nairobi in September.

That summit’s final statement floated the idea of a global carbon taxation regime, formed by levies on fossil fuel trade, maritime transport and aviation, and potentially “augmented” by a global financial transaction tax (FTT).

Broad framework

The French and Kenyan governments have accelerated efforts over the last couple of months to form a broad coalition, receiving interest from countries, a source with knowledge of the matter told Climate Home.

Those pushing the plan have not yet finalised a detailed framework or specific targets because they don’t want to put any country off at this early stage, they added.

Farmers’ Protest in Gerona, Philippines. Basilio Sepe / Greenpeace

France’s Zacharopoulou said during last week’s Paris Peace Forum that the coalition will both provide a detailed analysis of each taxation option and gauge how acceptable they are to  different governments.

“It is a sensitive conversation that needs to be led with a cool head”, she added.

Developing countries sensitivity

Many large developing countries have opposed climate-related international taxation. They claim they would distort markets, hamper development and shift responsibility for reducing emissions.

Brazil led resistance from a group of governments to a tax on the global emissions of the shipping sector at the International Maritime Organization (IMO) earlier this year.

They argued that such a tax would disproportionately hit developing countries and particularly Brazil, whose economy relies on shipping heavy low-value things long distances.

Countries eventually decided to study new ‘technical’ and ‘economic’ measures to tackle the climate impacts of shipping, pushing a decision into the future.

UK aid cuts leave Malawi vulnerable to droughts and cyclones

Persaud said the taskforce will need to pay close attention to these considerations. “We need to rethink shipping and aviation emissions levies so they’re not a tax on remoteness which is a concern today,” he added.

Rachel Owens from the European Climate Foundation, which is involved in setting up the taskforce, said countries will drive forward discussions “in an equitable way”.

“This means not putting the burden on developing countries and ensuring that any adverse impacts are mitigated”, she added.

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COP30 Bulletin Day 8: Draft decision draws battle lines on fossil fuel transition, finance and trade 

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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.

Brazil’s call for COP trade forum gets lukewarm response

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.

Australia’s pavilion at COP30 is right next to Turkey’s – an interesting dynamic as the two battle it out to be the host of COP31 next year. (Photo: Megan Rowling)

Australia’s pavilion at COP30 is right next to Turkey’s – an interesting dynamic as the two battle it out to be the host of COP31 next year. (Photo: Megan Rowling)

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.”

Pope Leo XIV becomes pope on May 9 2025 (Photo: Mazur/cbcew.org.uk)

Pope Leo XIV becomes pope on May 9 2025 (Photo: Mazur/cbcew.org.uk)

“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.”

    A Munduruku Ingenous peoples’ demonstration (Photo UNFCCC/Diego Herculano)

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    COP Bulletin Day 8: Pope keeps faith in 1.5C

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    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”.

    Former US climate negotiators Trigg Talley and Todd Stern at COP30 on November 17

    The post COP Bulletin Day 8: Pope keeps faith in 1.5C appeared first on Climate Home News.

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     A fast, fair, full, and funded fossil fuel phaseout

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    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.

     A fast, fair, full, and funded fossil fuel phaseout

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