SLOW PROGRESS AS COP29 WINDS DOWN

CCNTV6

On the penultimate day of COP 29, activists are saying progress is slow as there has been little or no commitment to climate finance goals needed to slow down the warming of earth.

Transcript

00:00It's the day before COP 29 closes. The UN Secretary General is fresh from the G20 in

00:07Brazil where he said COP 29 was very much on their agenda.

00:12And I heard leader after leader stress the importance of concrete success. Delegations

00:20and the COP presidency are now working hard to find common ground. But as I said in my

00:29opening remarks here, the clock is ticking. COP 29 is now down to the wire.

00:39In Baku, delegations have taken largely neutral positions.

00:44For me it is clear that science stresses that there will be no way to reach 1.5 degrees

00:54as a limit for global warming if there is not a phase-out of fossil fuels.

01:01But for the climate activists, this year's finance COP has quickly gone bankrupt as the

01:07richer developed countries have not committed funds to the estimated trillions of dollars

01:12needed for climate action.

01:14The developed countries, in particular the United States, always like to point the finger,

01:21especially at some of the larger developing countries, saying, oh, they are refusing to

01:26take action to reduce emissions. They are the reason this process isn't going anywhere.

01:34This is an incredibly hypocritical stance.

01:37The United States has not delivered on climate finance.

01:40So not only is the United States not providing any money, they're actually working actively

01:44to undermine the negotiations on the new collective quantified goal.

01:51For example, trying to water down the language so that there's actually no responsibility,

01:56there's no obligation for developed countries.

01:58It's all about mobilizing the private sector, oh, and let's see if we can get China to contribute

02:02some money.

02:04So everything in the United States is doing, even now, with the Biden administration knowing

02:09that the Trump administration is coming into power, they have nothing to lose, and even

02:14now all they're doing is blocking and obstructing and distracting.

02:19Emissions of rich developed countries are estimated to be 0.5% higher by 2030 than what

02:26was committed to in 2020.

02:29The United States is currently the world's largest producer, exporter and expander of

02:34oil and gas.

02:35So not only are we the world's largest producer of both oil and gas, we're also exporting

02:40the most by far, and we're continuing to expand that extraction, devastating the Permian Basin,

02:46the Bakken Shale, other regions of the United States subject to this fossil fuel extraction,

02:53and to ship that overseas to continue to hook other countries on our fossil fuels for decades

02:56to come.

02:57It's the day before COP ends, and its unlikely positions will change overnight and without

03:03financial commitments and much needed climate action, the world is heading to a devastating

03:091.5 degree increase or higher in global temperatures at a quicker pace.

03:15Scientists say more land will become barren, affecting food production.

03:20Glaciers melt, causing sea levels to rise and eliminating habitable land.

03:26Rivers will dry and fresh water supply will diminish.

03:30More people will die due to heat.

03:33And life on earth faces extinction.

03:35Urvashi Tewari, Rupanarayan TV6 News.

03:39For more UN videos visit www.un.org

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