{"id":61899,"date":"2023-12-01T11:10:52","date_gmt":"2023-11-30T22:10:52","guid":{"rendered":"https:\/\/www.greenpeace.org\/aotearoa\/?p=61899"},"modified":"2024-07-11T12:13:43","modified_gmt":"2024-07-11T00:13:43","slug":"un-loss-and-damage-fund-doomed-without-fossil-fuel-phase-out","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/un-loss-and-damage-fund-doomed-without-fossil-fuel-phase-out\/","title":{"rendered":"UN Loss and Damage fund doomed without fossil fuel phase-out"},"content":{"rendered":"\n<p>As a new climate loss and damage fund is operationalised on the first day of the COP28 UN climate conference, Greenpeace Aotearoa is condemning the New Zealand Government\u2019s decision to restart offshore fossil fuel exploration, which will only lead to more loss and damage.<\/p>\n\n<p>Greenpeace Aotearoa Executive Director Russel Norman says, \u201cWhile it\u2019s good to see the new loss and damage fund operationalised unless countries like New Zealand who are committed to new fossil fuel development change their tune, this fund will only be the ambulance at the bottom of a cliff.\u201d<\/p>\n\n<p>\u201cLoss and damage funding is important for supporting communities bearing the brunt of the climate crisis, but we cannot allow new loss and damage to occur when we have the ability to stop it. That means cutting climate pollution now &#8211; regulating polluting industries like the intensive dairy sector, and committing to an end to the fossil fuel era.<\/p>\n\n<p>\u201cThe New Zealand Government\u2019s policy to reopen the oceans for new offshore oil and gas exploration is totally at odds with the global call for a fossil fuel phase-out at COP28 and with the intent to pay for loss and damage caused by climate change.\u201d<\/p>\n\n<p>The loss and damage fund saw more than $400 million USD mobilised by wealthy countries to go to countries that are most vulnerable to the impacts of the climate crisis.<\/p>\n\n<p>Greenpeace International has a delegation on the ground at COP28. Tracy Carty, Global Political Expert at Greenpeace International, says, \u201cFor too long, communities least responsible for causing the climate crisis have borne the brunt of climate impacts. This agreement is a vital first step towards ensuring communities get the support they desperately need &#8211; but stops short of the fund communities deserve. What\u2019s unclear is where the money is going to come from. When it comes to financing the Loss and Damage Fund, the outcome of this COP must confirm that rich countries with the greatest contribution to climate change will lead the way. And that the fossil fuel industry, which continues to reap billions by exploiting fossil fuels, pays for the harm they have caused.\u201d<\/p>\n\n<p>Norman says, \u201cNot only should the fossil fuel industry pay for the harm they\u2019ve caused, but they should be phased out for good. The first step is not allowing any more oil and gas exploration around the world, and we\u2019re committed to resisting any attempt to do so here in Aotearoa.\u201d<\/p>\n\n<p>Greenpeace Aotearoa has launched an <a href=\"https:\/\/petition.act.greenpeace.org.nz\/climate-resist-oil-gas-exploration-open-letter\">open letter to the oil and gas industry<\/a>, committing to resist any attempt at new oil and gas exploration. Nearly fifteen thousand people have signed on since its launch.<\/p>\n\t\t\t<section\n\t\t\tclass=\"boxout post-61546 \"\n\t\t\t\n\t\t>\n\t\t\t<a\n\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\tdata-ga-action=\"Image\"\n\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\tclass=\"cover-card-overlay\"\n\t\t\t\thref=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/open-letter-oil-exploration-petition\/\" \n\t\t\t><\/a>\n\t\t\t\t\t\t\t<img\n\t\t\t\t\t\tsrc=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res-1024x683.jpg\"\n\t\t\t\t\t\tsrcset=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res-600x400.jpg 600w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res-1024x683.jpg 1024w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res-768x512.jpg 768w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res-510x340.jpg 510w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2023\/10\/11c70947-gp0sttfxw_medium_res.jpg 1200w\"\n\t\t\t\t\t\tsizes=\"(min-width: 1000px) 358px, (min-width: 780px) 313px, 88px\"\n\t\t\t\t\t\talt=\"An OMV oil rig off the coast of New Zealand\" title=\"An OMV oil rig off the coast of New Zealand\"\n\t\t\t\t\/>\n            \t\t\t<div class=\"boxout-content\">\n\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\tclass=\"boxout-heading medium\"\n\t\t\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\t\t\tdata-ga-action=\"Title\"\n\t\t\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\t\t\thref=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/open-letter-oil-exploration-petition\/\"\n\t\t\t\t\t\t\n\t\t\t\t\t>\n\t\t\t\t\t\tSay no to new oil exploration\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"boxout-excerpt\">Sign the open letter to the oil industry &#8211; We will resist oil exploration<\/p>\n\t\t\t\t                                    <a\n                        class=\"btn btn-primary\"\n                        data-ga-category=\"Take Action Boxout\"\n                        data-ga-action=\"Call to Action\"\n                        data-ga-label=\"n\/a\"\n                        href=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/open-letter-oil-exploration-petition\/\"\n                        \n                    >\n                        Sign on\n                    <\/a>\n                \t\t\t<\/div>\n\t\t\t\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"<p>As a new climate loss and damage fund is operationalised at the COP28 UN climate conference, Greenpeace condemns the New Zealand Government\u2019s decision to bring back oil and gas exploration.<\/p>\n","protected":false},"author":47,"featured_media":52723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_planet4_optimize_post_is_variant":false,"_planet4_optimize_experiment_name":"","_planet4_optimize_variant_name":"","ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[10],"tags":[16,26],"p4-page-type":[7],"class_list":["post-61899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greenpeace","tag-climate","tag-oil-and-gas","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UN Loss and Damage fund doomed without fossil fuel phase-out<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/un-loss-and-damage-fund-doomed-without-fossil-fuel-phase-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UN Loss and Damage fund doomed without fossil fuel phase-out\" \/>\n<meta property=\"og:description\" content=\"As a new climate loss and damage fund is operationalised at the COP28 UN climate conference, Greenpeace condemns the New Zealand Government\u2019s decision to bring back oil and gas exploration.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/un-loss-and-damage-fund-doomed-without-fossil-fuel-phase-out\/\" \/>\n<meta property=\"og:site_name\" content=\"Greenpeace Aotearoa\" \/>\n<meta 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