UN Climate Change Conference – COP29
Now in its 29th year and facing a crucial moment, the UN Climate Change Conference must agree on a new climate finance package. Finance is a cornerstone of global cooperation on climate change and a central component of the Paris Agreement’s commitments. Climate justice can only be achieved when we end the root cause of the ongoing climate crisis—phasing out all fossil fuels. This crisis has disproportionately impacted already vulnerable communities across the Global South, including the Middle East and North Africa. It is vital to secure new and additional support and funding for these frontline communities, who are facing the direct impacts of the crisis.
11-22 November 2024
Baku, Azerbaijan
Time to hold the fossil fuel industry to account
World political leaders at COP29 will yet again be tasked with taking transformative action for people and the planet. While we face twin climate and biodiversity crises, we need climate action in combination with finance. Governments must commit to an ambitious new finance goal to support developing countries, and action to make the fossil fuel industry and other major polluters pay.
Recent official data shows that 2024 is on track to become the hottest year on record, surpassing 2023. As the climate crisis deepens, its catastrophic effects are becoming more evident. The loss of lives and livelihoods, particularly due to extreme weather events like devastating floods, has been deeply felt across the Middle East and North Africa. Among the most striking examples are the recent floods in Morocco and the tragic events that occurred along Libya’s eastern coast on September 10, 2023.
But more than that, we have to stop fueling more loss and damage because a safe climate and the 1.5°C limit is under siege from the world’s profiting fossil fuel polluters. COP29 is the moment where bold progress on both climate action and finance must happen.
At COP29 Greenpeace Middle East & North Africa is calling for:
- New Climate Finance Goal: A New Collective Quantified Goal (NCQG) that significantly increases public finance to developing countries and embeds the “Make Polluters Pay” principle.
Fossil Fuel Phase-Out: Implementing the COP28 agreement to transition away from fossil fuels, by outlining how countries’ upcoming 2030 and 2035 climate action plans, or Nationally Determined Contributions (NDCs), will include fossil fuel phase out plans and policies in alignment with 1.5°C.
Polluters Must Pay: Our lives before their Profits
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