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oil change international
Critics Call COP29 Climate Finance Draft 'Slap in the Face' by Rich Nations
"This is a shameful failure of leadership," said one Oxfam campaigner. "There is only one option for those grappling with the harshest impacts of climate collapse: trillions, not billions, in public and grants-based finance."
Nov 22, 2024
With the United Nations' annual climate summit scheduled to end Friday in Baku, Azerbaijan, green groups denounced the latest draft finance deal, which would direct the Global North to provide just $250 billion per year to help developing countries with emission cuts and adaptation—far below the $1.3 trillion campaigners demanded.
Although the figure represented progress from Thursday, when there was a placeholder "X" for the new collective quantified goal (NCQG) on climate finance, Oil Change International global public finance manager Laurie van der Burg still stressed that "this text is an absolute embarrassment. It's the equivalent of governments handing the keys to the firetruck to the arsonists."
There is a broader goal to raise $1.3 trillion in annual climate finance, but that would include funding from private sources.
"The vague $1.3 trillion investment target is not to be relied on and the $250 billion goal is not debt-free. Previous suggestions to end fossil fuel handouts and make polluters pay have all been axed," Van der Burg noted. "This amounts to a cop-out for polluters and allows rich countries to dodge their responsibilities by relying on the private sector and even developing countries to cover the bill, creating a debt trap for countries most vulnerable to the climate crisis."
She was far from alone in calling out developed nations, which previously failed to deliver on a 2009 pledge of $100 billion annually for poorer countries impacted by the climate emergency by 2020.
"With a paltry climate finance offer of $250 billion annually, and a deadline to deliver as late as 2035, richer nations including E.U. countries and the United States are dangerously close to betraying the Paris agreement," Rachel Cleetus, policy director of the Union of Concerned Scientists' Climate and Energy Program, said from Baku.
Parties to the 2015 Paris agreement hope to keep global temperature rise this century "well below" 2°C, relative to preindustrial levels, with a target of 1.5°C. However, a U.N. analysis revealed last month that the world is currently on track for 2.6-3.1°C of warming by 2100.
"The central demand coming into COP29 was for a strong, science-aligned climate finance commitment, which this appalling text utterly fails to provide" Cleetus highlighted. "Wealthier nations seem content to shamefully renege on their responsibility and cave in to fossil fuel interests while unjustly foisting the costs of deadly climate extremes on countries that have contributed the least to the climate crisis."
Jess Beagley, policy lead at the Global Climate and Health Alliance, a consortium of over 200 health professional and civil society groups, warned that "if COP29 agrees on the text shown to us today, it would sign a death sentence for millions."
The alliance's executive director, Jeni Miller, pointed out that "many of the countries most impacted by climate change are already paying more to service their international loans than the combined budgets for their health systems and education, with devastating impacts on people's health and well-being."
"It is unconscionable that wealthy countries are proposing a climate finance deal that could worsen the debt burden of countries facing the brunt of a climate crisis they did not cause," Miller asserted. "As people around the world experience firsthand the devastating impacts of heat, storms, floods, and droughts, the failure of developed countries to step up to their responsibilities is completely unacceptable, not to mention profoundly shortsighted."
Oxfam International's climate justice lead, Safa' Al Jayoussi, took aim at the summit's host, saying: "This is a shameful failure of leadership. The COP29 Presidency's top-down 'take-it-or-leave-it' approach has sidelined progressive voices. All while rich countries boycott climate justice by refusing to pay up and putting only false solutions on the table."
"No deal would be better than a bad deal, but let's be clear—there is only one option for those grappling with the harshest impacts of climate collapse: trillions, not billions, in public and grants-based finance," Al Jayoussi added.
Power Shift Africa director Mohamed Adow said that "our expectations were low, but this is a slap in the face. No developing country will fall for this. What trick is the presidency trying to pull? They've already disappointed everyone, but they have now angered and offended the developing world."
"The figure of $250 billion is about 20% of what developing countries have asked for. Are we really settling for a fifth of the ambition needed to tackle the climate crisis?" he continued. "It seems that building an ambitious climate finance outcome in Baku is not the ballgame this presidency is playing."
The U.N. climate summits often run into overtime, but there are concerns that COP29 talks could collapse entirely, given that there must be unanimous support for final deals. There are also fears that rich countries may fail to deliver on any pledge—again—especially with the return of U.S. President-elect Donald Trump, who ditched the Paris agreement during his first term.
"The Global North must stop playing poker with people's lives and pay their overdue debt," declared Namrata Chowdhary, chief of public engagement at 350.org, one of the groups calling for an overhaul of the COP process. "We need real leadership—from wealthy nations and the presidency—to land this deal. If they can't deliver, they must step aside, because we will not accept a bad deal that fails to meet the moment."
"As the world watches what should be the final day of this year's climate talks, the agreement we came here for remains elusive. This new climate finance goal is three years in the making, and the global majority remains leaps and bounds ahead of the governments who are continuing to stall and let progress slip away in the name of profits," Chowdhary concluded. "But we will not be silenced. At COP29, we hold the line in our demand for more climate finance, not this bare minimum offer."
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Exposed: The Oil and Gas Giants Profiting Most From Israel's Gaza Genocide
"The complicity of international corporations and governments in fueling Israel's war machine represents the latest chapter in a long history of fossil fuel companies enabling genocide and mass atrocities," said one campaigner.
Nov 14, 2024
On the fourth day of the United Nations Climate Change Conference, or COP29, in Azerbaijan, green groups highlighted how fossil fuel companies "enable and profit from Israel's genocide in Gaza," continuing "a long history of the industry's complicity in mass atrocities worldwide."
"The fossil fuel industry is culpable in death and destruction around the world, not only through the climate crisis they cause but through the violence they fuel," Oil Change International said in a statement Thursday.
"Every shipment of oil to Israel carries the weight of Palestinian lives."
The group—along with others including Friends of the Earth Palestine/PENGON and Tipping Point U.K.—is seizing the opportunity presented by COP29 to draw attention to an aspect of the Gaza war often overlooked amid the staggering death and destruction wrought by Israel's 13-month onslaught, which a United Nations panel on Thursday
said is consistent with the "characteristics of genocide."
"Investor-owned and private oil companies supply 66% of oil to Israel—more than a third of that from major oil companies like Chevron, Shell, and BP—despite genocide warnings from the International Court of Justice," Oil Change said. "BP is among the top corporate suppliers of oil to Israel. It operates and is the largest owner of the BTC pipeline, which transports Azeri oil that is ultimately sent to Israel."
The BTC pipeline runs from Baku—the Azeri capital and COP29 host city on the Caspian Sea—through Azerbaijan, Georgia, and Turkey and, according to Oil Change, supplies Israel with 28% of its oil, belying Thursday's claim by Turkish President Recep Tayyip Erdoğan that the country has severed all ties with Israel.
An
investigation published in September by Energy Embargo for Palestine showed how oil transported via the BTC pipeline is refined into jet fuel for Israel Defense Forces warplanes.
Oil Change continued:
BP has also been granted gas exploration licenses in occupied Palestinian waters. By providing it with fuel, BP enables the Israeli government to commit genocide in Gaza. Chevron operates and partially owns the two largest Israeli-claimed fossil gas fields, Tamar and Leviathan, making it the main international actor extracting fossil gas claimed by Israel in the Mediterranean. In 2022, 70% of Israel's power was generated from fossil gas extracted by Chevron. Through the millions of dollars it pays Israel for its gas extraction licenses, Chevron is also directly contributing to financing Israel's regime of genocide, apartheid, settler colonialism, and occupation.
"The complicity of international corporations and governments in fueling Israel's war machine represents the latest chapter in a long history of fossil fuel companies enabling genocide and mass atrocities,"
Mohammed Usrof, a member of the Palestinian Youth Climate Negotiation Team at COP29 who lost 21 relatives to Israel's onslaught, said in a statement Thursday. "Every shipment of oil to Israel carries the weight of Palestinian lives."
Tipping Point U.K. organizer Sadie DeCost said that "BP originated as a key enabler of the British empire, and continues as one of the top 10 largest carbon emitters in the world."
"It operates and is the largest owner of the BTC pipeline, which ships Azeri oil to fuel Israel's genocide in Gaza," DeCost added. "BP's historic colonial harms continue through its support of violent regimes. Its emissions are estimated to cause hundreds of billions of dollars of loss and damage. We must shut down BP to end this injustice, and demand climate reparations for impacted communities around the world."
Mahmoud Nawajaa, general coordinator of the Boycott, Divestment, and Sanctions movement for Palestinian rights, lamented that "criminal fossil fuel companies that have shamefully been invited to join COP29 are not only responsible for destroying the planet, they are also responsible for fueling genocide and other atrocity crimes around the world, from Gaza to Myanmar to the Amazon region."
"Prime among these is Chevron, [which] continues to supply Israel and its military with energy and millions of dollars in tax revenues through fossil fuel extraction activities in the Mediterranean," Nawajaa added.
Oil Change International U.S. campaign manager Allie Rosenbluth asserted Thursday that "the fossil fuel industry is not just destroying our climate—it's actively profiting from genocide."
"These companies and the governments enabling them know exactly how their supplies are being used against Palestinian civilians," she continued. "Palestinian groups and their allies around the world have called for an energy and arms embargo demanding governments and companies cease all fuel and arms shipments to Israel until it ends the genocide and its regime of apartheid against the Palestinian people."
"The fossil fuel industry is not just destroying our climate—it's actively profiting from genocide."
"Despite these strong demands, the U.S. continues to be a key supplier of JP8 jet fuel to Israel, which is crucial for its military operations," Rosenbluth added. "This isn't just business—it's complicity in mass atrocities."
Oil Change noted that while many governments have prioritized profit and national interest over human rights in Palestine, Colombia—which is led by leftist President Gustavo Petro—"has set a strong precedent and issued an embargo on coal exports to Israel" as part of a broader suspension of relations due to the Gaza onslaught.
This is more than just a symbolic move, as Israel imports more than half of its coal from Colombia.
"Others must follow suit," Oil Change stressed.
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As Biden Adviser Speaks at COP29, Green Groups Say Act Before Trump Takeover
"President Joe Biden must reject all pending LNG export permits and stop the expansion of fossil fuels."
Nov 11, 2024
As the U.S. senior adviser to the president for international climate policy addressed the United Nations summit in Azerbaijan on Monday, green groups urged the outgoing Democratic administration to do whatever it can to tackle the global crisis before Republicans seize control of the White House and likely both chambers of Congress.
"I want to address tonight a topic that is on everyone's mind—the U.S. election," John Podesta, President Joe Biden's adviser, told the crowd in Baku on the first day of the United Nations Climate Change Conference (COP29), less than a week after President-elect Donald Trump defeated Vice President Kamala Harris.
Although votes are still being counted, Republicans have secured a majority in the U.S. Senate and are on track to retain control of the House of Representatives—paving the way for Trump's plans to roll back the Biden-Harris administration's progress on the climate emergency and "drill, baby, drill," which would lead to a surge in planet-heating pollution.
"Podesta's speech must be followed by swift action to limit U.S. fossil fuel expansion and achieve a strong COP29 outcome."
"For those of us dedicated to climate action, last week's outcome in the United States is obviously bitterly disappointing," Podesta acknowledged, "particularly because of the unprecedented resources and ambition President Biden and Vice President Harris brought to the climate fight."
Noting that Biden pledged to halve emissions this decade, rejoined the Paris agreement, signed the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law, and promised $11 billion in international climate funds, Podesta warned that "the next administration will try to take a U-turn and reverse much of this progress."
"As President Biden said in the Rose Garden last week, setbacks are unavoidable, but giving up is unforgivable. This is not the end of our fight for a cleaner, safer planet. Facts are still facts. Science is still science," he continued. "This fight is bigger than one election, one political cycle, in one country. This fight is bigger still."
"We can and will make real progress on the backs of our climate-committed states and cities, our innovators, our companies, and our citizens, especially young people, who understand more than most that climate change poses an existential threat that we cannot afford to ignore," he added. "Failure or apathy is simply not an option."
Responding to the envoy's remarks in a Monday statement, Collin Rees, United States program manager at Oil Change International, said that "if John Podesta and President Joe Biden are committed to doing everything possible to continue climate progress despite Donald Trump's reelection, this moment demands a bold agenda that goes beyond locking in clean energy gains and takes real action toward a just transition off fossil fuels."
"There is no shortage of critical work to be done before Biden leaves office," Rees argued. "Here at COP29, the United States must support a new, transformative global finance goal in which rich countries pay their fair share in high-quality, grant-based finance and work to submit a Paris-aligned nationally determined contribution committing to do its fair share of climate action and phase out fossil fuels."
In the United States, Rees argued, Biden must "finalize studies on the dangerous impacts" of new liquefied natural gas exports, "reject deadly projects like the Dakota Access oil pipeline and pending LNG facilities in the Gulf South," and urge Congress to block the latest attempt by outgoing Sen. Joe Manchin (I-W.Va.) "to destroy bedrock environmental protections."
Looking toward next week's Organization for Economic Cooperation and Development (OECD) meeting, Rees said that "Biden's administration must support a global agreement to end export credit finance for oil and gas projects, a process which could end tens of billions of dollars in international finance for fossil fuels every year. This agreement would limit the global climate damages Trump and his fossil fuel cronies are able to perpetrate."
"Podesta's speech must be followed by swift action to limit U.S. fossil fuel expansion and achieve a strong COP29 outcome," he stressed. Leaders at other climate organizations—who have often argued that Biden hasn't gone far enough to tackle the fossil fuel-driven crisis—issued similar demands on Monday.
Emphasizing that "climate diplomacy on a boiling planet doesn't stop for a climate denier," Ben Goloff, senior campaigner at the Center for Biological Diversity's Climate Law Institute, called on Biden officials to "use the next two months to set up a bulwark of protections and secure their climate legacy."
"Beyond urgently getting IRA money out the door, John Podesta must commit the U.S.'s fair share of global climate finance and announce an ambitious NDC climate target," Goloff said, referring to nationally determined contributions for the Paris agreement.
Biden, he added, "has to make good on last year's agreement to transition away from fossil fuels by rejecting pending mega-polluting project," and "should also act quickly to fill all federal judicial vacancies as a wall of defense to Trump's rampage of legal attacks."
Jamie Minden, acting executive director of the youth-led movement Zero Hour, also declared that "before Trump takes office, President Joe Biden must reject all pending LNG export permits and stop the expansion of fossil fuels."
"Our climate is on the brink of collapse, and it is sheer madness that politicians continue to expand and subsidize deadly fossil fuels," Minden said. "Young people are fighting for our planet because we are facing the worst consequences of the unrelenting greed of these selfish politicians."
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