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STATEMENT: Wealthy countries fail to deliver on climate finance at COP29 

Enviromental Defense

When you account for inflation, the new target of $300 billion barely exceeds the previous global commitment that was set in 2009. The next round of national climate plans under the Paris Agreement are due in February. By contrast, each year countries provide subsidies to oil and gas companies that exceed $1.3-trillion,

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COP29 concludes with an insufficient climate finance deal

Enviromental Defense

This year’s annual global climate negotiations, COP29, concluded with an inadequate commitment on climate finance which countered the Paris Agreement’s foundational principles of global climate justice. For example, the next round of national climate plans under the Paris Agreement are due in February.

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All Eyes on Baku: Expectations for Canada at COP29

Enviromental Defense

When countries signed the Paris Agreement back in 2015, they agreed to centre equity in how we tackle the climate crisis. Back in 2009, countries set a finance goal of $100 billion. This is what is known as climate finance. This is a matter of justice, not charity. The next round is due in February 2025.

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Brazil Advances in Climate Change Litigation

Legal Planet

The most emblematic decision came from the Federal Supreme Court, the highest Court in the Brazilian legal system, which ruled in July 2022 that the Paris Agreement is a human rights treaty. The Brazilian court became the world’s first to give this status to the Paris Agreement, setting an important precedent for Brazil and the world.

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The First French Climate Litigation Ruling - Commune de Grande Synthe

Energy and Climate Law

To build its reasoning, the Conseil d’Etat referred to the UNFCCC and the Paris Agreement and listed a number of legal texts that were adopted both at EU and national level to implement their international climate commitments. Fourth, the case is a landmark in and of itself by invoking the Paris Agreement in front of the courts.

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Climate Experts Available to Comment on COP29 from Baku, Azerbaijan and in Canada

Enviromental Defense

This new framework aims to replace the existing 2009 commitment from developed countries to provide $100 billion annually between 2020 and 2025 — a target missed by years. At least $1 trillion per year is required to meet the immediate climate needs of developing countries. The next round is due in February 2025.

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Public Pressure on ExxonMobil Works. Little Else Does.

Union of Concerned Scientists

Trading in disinformation In its climate lobbying report, ExxonMobil deemed 52 associations “aligned” for acknowledging the risks of climate change, publicly backing the Paris Agreement goal of limiting average global warming to well below 2 degrees Celsius and taking steps to reduce carbon emissions.