pollution

COP29 must deliver more than “threadbare promises”

November 22, 2024

In response to the latest climate finance draft text at COP29, Oxfam International’s Climate Justice Lead, Safa’ Al Jayoussi, said:

“COP29 must do more than simply repeat the same threadbare promises. Rich countries have spent decades now stalling and blocking genuine progress on climate finance. This has left the Global South suffering the most catastrophic consequences of a climate crisis they did not create. The draft text scandalously misses the crucial element of declaring a clear public commitment to a new climate finance goal.

“Rich countries, those most responsible for climate chaos, owe $5 trillion in annual climate debt and reparations. This funding must come as grants-based public financing to help communities that need it the most mitigate and adapt to the impacts of climate change and recover from loss and damage. Anything less will simply be a failure.

“This is not charity – it is an established obligation under international law. It is the bare minimum needed to shield frontline communities from devastation, allow them to rebuild after disasters pass, and ensure their just transition to a sustainable future. The next few days are a credibility test for these climate negotiations and for COP itself. The time for stalling is over. If rich countries don’t deliver, they will go down in history as having chosen profit over people and complacency over courage.”

Notes to editors

Rich countries continue to resist calls for climate reparations. Climate activists are demanding the Global North provide at least $5 trillion a year in public finance to the Global South.

Contact information

Rachel Schaevitz in Auckland, NZ I rachel.schaevitz@oxfam.org.nz

Jeshua Hope in Suva, Fiji | jhope@oxfampacific.org | +679 7500889

Global climate activists rally at Baku’s Olympic stadium with bold “Pay Up!” message

November 14, 2024

Global climate activists today gathered at Baku’s Olympic stadium —the venue for the United Nations climate talks— to urge world leaders to commit to a new, ambitious climate finance deal. The message “Pay Up!” unfolded across the stadium seats, in perfect sight from the COP29 presidency offices located on the opposite side of the arena.

COP29 has been dubbed the “finance COP” because setting a new goal for global climate finance and laying out a plan for achieving it is the big battleground issue. Activists and civil society organizations call for the new goal to drastically increase from its present $100 billion a year to $5 trillion a year in climate debt and reparations and to protect communities facing the worst impacts of the crisis.

“As communities in the Global South bear the brunt of climate disasters, it’s past time for the Global North to pay their share —without saddling us with more loans and debt,” said Marinel Ubaldo, a Make Rich Polluters Pay activist and delegate from the Philippines. “Real climate action means financing solutions that uplift, empower, and sustain our communities, free from the chains of fossil fuels and debt traps.”

Global climate policy experts underscore this year’s conference as one of the most critical since COP26 in 2021.Without more ambitious and urgent action, the world could warm by a terrifying 3.1°C by the end of the century.

Activists are also calling to make rich polluters pay through taxes on fossil fuel-intensive industries and the super-rich. Fifty of the world’s richest billionaires emit more carbon pollution through their investments, private jets and yachts in 90 minutes than the average person does in their lifetime.

“The world needs leaders who are committed to justice and fairness; this starts with honoring climate finance commitments, taxing the super-rich, phasing out fossil fuels, and holding polluters accountable,” Ubaldo added. “The climate crisis doesn’t pause for politics or profit —it demands swift, decisive, and equitable action now.”

Notes to editors

The organisers are a cross-constituency of climate groups, including Oxfam.

Oxfam’s report, “Carbon Inequality Kills,” tracks the emissions from private jets, yachts and polluting investments and details how the super-rich are fueling inequality, hunger and death across the world.

Contact information

Rachel Schaevitz/ rachel.schaevitz@oxfam.org.nz

Reaction to Government update on agriculture emissions

December 21, 2022

In reaction to today’s update on agriculture emissions, Oxfam Aotearoa’s Climate Justice Lead Nick Henry, said:

“We are frustrated that the Government is not taking climate destruction seriously enough. We should be aiming for the lowest possible climate pollution, not the lowest possible price on agricultural emissions.

“While we welcome Aotearoa New Zealand’s pledge to reduce methane emissions by 30% below 2020 levels by 2030, these current proposals to price agricultural emissions are estimated to reduce methane emissions by only around 4%. It doesn’t add up.

“The experts have spoken: reducing methane pollution now, as part of reducing total carbon emissions, is essential to avoiding the climate crisis getting worse for us here in Aotearoa, for our friends and whānau in the Pacific, and around the world.

“The Government needs to support our farmers to do their fair share of reducing climate pollution by fully pricing emissions and funding a shift to regenerative low emissions agriculture.”

Oxfam Aotearoa calls for:

A pricing system that ensures agriculture contributes a fair share of the emission reductions needed to meet our domestic and international commitments, including the Global Methane Pledge.
Emissions need to be priced now, not 2025.
The government must scrap the 95 percent discount – the agriculture industry should be paying their fair share.
The government needs to invest in equipping farmers to shift production modes and adjust land use to build a flourishing, regenerative organic food and fibre sector.