{"id":67674,"date":"2024-11-07T10:19:09","date_gmt":"2024-11-07T15:19:09","guid":{"rendered":"https:\/\/www.greenpeace.org\/canada\/?p=67674"},"modified":"2024-11-07T10:19:15","modified_gmt":"2024-11-07T15:19:15","slug":"leaders-must-seize-decisive-moment-for-climate-finance-at-cop29","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/canada\/en\/press-release\/67674\/leaders-must-seize-decisive-moment-for-climate-finance-at-cop29\/","title":{"rendered":"Leaders must seize decisive moment for climate finance at COP29"},"content":{"rendered":"\n

Baku, Azerbaijan & Toronto, Canada  \u2013<\/strong> World leaders at the UN climate change conference COP29 in Baku must respond boldly to another year of record temperatures and rising emissions by agreeing a robust new finance goal to support desperately needed climate action in developing countries.<\/p>\n\n

Keith Stewart, Senior Energy Strategist for Greenpeace Canada, said: \u201c<\/strong>With the U.S. in turmoil, it is more important than ever for Canada to step into a leadership role. Canadians are experiencing the costs of climate inaction as wildfires and floods drive people from their homes and drive up the cost of living, so it is time to make big polluters like oil companies finally pay for the loss and damage they\u2019ve caused.\u201d<\/p>\n\n

Jasper Inventor, Head of Delegation for Greenpeace International, said: <\/strong>\u201cAs the climate records keep crashing \u2013 from skyrocketing emissions to rising temperatures and worsening impacts \u2013 we\u2019ve reached a reckoning point. For too long, demands for rapid and bold action have been met with meek responses from too many global leaders. This must change!<\/p>\n\n

\u201cPeople are dying as cities are being smashed by storms and floods, but the lifeblood of hope is in climate action. But action relies on climate finance and on holding polluters accountable. Fossil fuel companies and big polluters must finally pay for the loss and damage they\u2019ve caused. Leaders have the power to enforce this justice and they must act now.<\/p>\n\n

\u201cThe rescue plan is the COP28 decision to transition away from fossil fuels \u2013 a pathway that must yield ambitious 2035 climate action plans to phase out coal, oil and gas. Our climate is on life support and political leaders need to step up and take the urgent action needed.\u201d<\/p>\n\n

At COP29, Greenpeace is calling for:<\/strong><\/p>\n\n