2024-11-10 07:00:00
Before the start of the UN climate summit in Baku, Azerbaijan tomorrow, the environmental protection organization Greenpeace is calling on the negotiating states to decide on fair climate financing. On the one hand, public funding for climate financing must increase to trillions instead of billions, and on the other hand, those responsible for the climate crisis – fossil fuel companies – must finally be appropriately taxed. In order to realize the move away from fossil energy decided at the last climate summit, all countries must anchor concrete exit paths for coal, oil and gas in their climate plans. Austria is also called upon here: the next government must consistently anchor the energy transition in its program and provide sufficient financial resources for international climate protection.
Jasmin Duregger, climate and energy expert at Greenpeace, is on site at the climate summit in Baku: “In order to effectively protect people worldwide from the destructiveness of the climate crisis, we need enough money.” While experts assume that $2.4 trillion is needed annually for climate financing, the current target for funds is only $100 billion.
“To close the growing financing gap, rich countries must commit to a new ambitious climate financing target at the climate conference in Baku. Only then can countries with weaker national budgets get out of fossil fuels and arm themselves against the effects of the climate crisis. What is central to this is that the fossil fuel industry – the main cause of the climate crisis – is asked to pay for these payments.”so Duregger.
Climate finance is not just about climate protection measures, but also about money for adaptation measures, such as flood protection and payments for climate-related damage and losses. The last two areas in particular have been neglected so far. To ensure that this does not happen in the future, Greenpeace is calling for sub-goals for all three sub-areas.
The countries’ new climate protection plans (NDC) are due next year. In order to underpin the “move away from fossil energies” decided at the climate summit in Dubai, the climate protection plans must not only contain goals for greenhouse gas reduction, but also concrete targets and exit plans for coal, oil and gas. The EU aims to reduce climate-damaging emissions by 90% by 2040. Greenpeace expects clear support for the goal from the new Austrian government. “Without a consistent end to fossil fuels, we have no chance of stopping the climate crisis and the worsening of extreme weather. “Countries must live up to their promise to turn their backs on coal, oil and gas and put plans on the table to do so.”so Duregger.
Factsheet on the UN climate summit in Baku: https://act.gp/4fCJhgs
OTS ORIGINAL TEXT PRESS RELEASE UNDER THE EXCLUSIVE RESPONSIBILITY OF THE SENDER FOR CONTENT – WWW.OTS.AT | GRP
1731223052
#climate #summit #Greenpeace #calls #fair #climate #financing #clear #plans #phase #fossil #fuels
**Interview with Jasmin Duregger, Climate and Energy Expert at Greenpeace**
**Editor:** Thank you for joining us, Jasmin, especially ahead of the upcoming UN climate summit in Baku. Greenpeace has made a strong call for increased climate financing. Can you elaborate on the key issues you expect to address at the summit?
**Jasmin Duregger:** Absolutely, and thank you for having me. One of the primary focuses for us is the urgent need for countries to increase their public funding for climate finance from billions to trillions. Experts estimate that we need around $2.4 trillion annually, but currently, the target sits at just $100 billion. This gap is a significant barrier to effectively combating the climate crisis, especially for countries with fewer financial resources.
**Editor:** You mentioned fossil fuel companies in your statement. What specific actions do you believe should be taken regarding them?
**Jasmin Duregger:** It’s crucial that those responsible for the climate crisis—namely, the fossil fuel companies—are held accountable through appropriate taxation. This is a critical step not just for generating necessary funds for climate initiatives, but also for incentivizing a shift away from fossil fuels. Countries must outline concrete plans to phase out coal, oil, and gas in their climate strategies.
**Editor:** How does this call for action extend to Austria and its new government?
**Jasmin Duregger:** Austria has a pivotal role to play. The next government must prioritize the energy transition in its program and allocate sufficient financial resources for international climate protection. This is not just about domestic energy policy; it’s about contributing to a global effort. We need Austrian leadership to inspire other nations to commit to similar actions.
**Editor:** As the summit commences, what outcomes will Greenpeace be advocating for from the negotiations?
**Jasmin Duregger:** We are pressing for a new, ambitious climate financing target that accurately reflects the challenges we face. Closing the financing gap is essential for empowering vulnerable countries to tackle climate change effectively. Without this commitment from wealthy nations, we’re risking further environmental devastation for those who are the least responsible for the crisis yet face the most severe impacts.
**Editor:** Thank you, Jasmin, for your insights and for your ongoing efforts towards climate action. We wish you the best at the summit.
**Jasmin Duregger:** Thank you for covering these vital issues. Let’s hope for concrete progress in Baku.