In the context of the COP30 Leaders' Summit that kicked off today in Belem Do Para, we invite economist Fabio Borges, Professor at the Federal University Of Latin American Integration for his insight into this event. teleSUR
00:00And also to stay on topic of this COP30 Little Summit that kicked off today in Belén du Pará,
00:07we invite from Brazil economist Fabio Borges, professor at the Federal University of Latin American Integration.
00:14Hello Fabio and welcome to From the South.
00:17Hello, it's a pleasure to talk to you with you.
00:20Fabio, how does this conference compare to previous COP summits in terms of expectations and also in terms of urgency?
00:29A good question. This conference is the first held in the heart of the Amazon,
00:35and with the most effective participation of indigenous people.
00:40It's very important, it's symbolic that it's in Belén, Brazil.
00:45The Amazon region is increasingly important in world geopolitics for its resources, for climate change.
00:53But this conference takes place at a time of a great international nation,
00:59especially because of Trump's unilateral policies and his environmental denialists.
01:06It's not simple to hold a conference with the world's greatest power not cooperated,
01:13but it's also an opportunity to demonstrate the benefits of multilateralism.
01:20That is, even without the participation of the USA, much can be done.
01:25And Brazil seems a natural leader in trying to mediate the interests of the people of the South with the power of the countries of the North.
01:35And also, speaking about the power of the North, the United States, precisely under President Trump,
01:42has made the decision not to send high-level representation to COP30 to this summit.
01:47What does this absence mean, taking into account that the U.S. is the largest historical emitter of greenhouse gas gases?
01:54As I said before, it's a problem that the USA, being the biggest contributor to climate change,
02:03does not assume the cost of addressing this problem.
02:06But development countries, especially the BRICS countries, can demonstrate that the cooperation on urgent environment issues is possible and desirable.
02:17China has been an example in investing in renewable energies in the soft-soft cooperation.
02:26Perhaps China has already managed to occupy this space of world leadership in some areas, such as the environment, which the USA has distanced itself from.
02:40The commitment to multilateralism delayed the role of large and tropical countries within the BRICS, such as Brazil and Indonesia, can bring hope.
02:55Also, Fabio, in this scenario, there has been a call, an insisting call, for increasing climate finance to help developing countries transition to greener economies.
03:07How optimistic are you that COP30 will make meaningful progress on this matter?
03:14It's not easy to believe that the rich countries will finance environmental protection in developing or poor countries, but it's already a civilization issue of the very survival of the human species.
03:28I believe that with diplomacy and common sense, we can move forward on these issues effectively, even if now without so much participation from the USA, but with the leading role of other countries or regions, such as the European Union, for example.
03:49Thank you very much, Fabio, for your time hearing from the South.
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