I think probably developing countries would say that’s too low,
It’s finance, and it’s absolutely vital, and it’s the responsibility of the developed world,
While less than what developing countries are asking for, a solid commitment of $500bn in highly concessional public finance – not in grant-equivalent terms, as the draft text suggests – could be the ‘landing zone’ we need to finalise the negotiations,
The trust is very fragile at the moment. There’s an anger, because the impacts of climate are much worse in the developing world,
Every year we make the long journey to COP because it is where we are able to advocate for the 1.5 world that keeps my people above water,
Cop29 was supposed to be the finance COP. Rich countries had one job to do: lay out how much finance they are going to provide, but there’s no actual numbers in the latest text,
The last thing negotiators want is something that slides in at the last minute with a brand-new number that hasn’t had the chance to be properly socialised,
If the UK government wants to be a leader on climate action, they now have little more than 24 hours to prove it. They must urgently push for a global finance goal of over £1 trillion in public finance to be largely provided in grants,
I have rarely seen a plenary room so sharply divided with just 36 hours remaining until the close of a climate summit,
We must focus not only on the vast sums required—trillions, as acknowledged—but on ensuring these funds are provided as grants, not loans, to shield nations most impacted by climate change from further financial burdens,
We need a major push to get discussions over the finishing line,
Could I please … urge you to step up the leadership?”
The time for political games is over,
We would like to correct the balance. It is completely tilted,
For us in the Pacific, this is critical for us,
I don’t think you can go on and on and on without clarifying the key aspects of the negotiation.”
The current text offers no progress” on efforts to cut the world’s emissions of heat-trapping gases
The COP29 Presidency’s door is always open, and we welcome any bridging proposals that the parties wish to present,
For God’s sakes, what’s the next stop? Mars? Do we need to go to outer space to get a quantitative number from our developed countries to be able to start negotiating here?”
There is a real risk of falling short,