Report to be discussed at Cop30 says global agreements should target carbon intensive activities and ‘ultra high net worth individuals’
The roadmap will form the basis of discussions of climate finance at Cop30. Last year’s “conference of the parties” in Baku set a goal of £1.3tn to be provided annually to poor countries by 2035, to help them cut greenhouse gas emissions and cope with the impacts of extreme weather. But there was a bitter taste for many when rich countries pledged to stump up only $300bn of that sum, leaving the rest to come from potential new taxes and levies, the private sector, and related sources.
I am positively surprised that there is a plan at all; and that subsequently, some countries have forwarded a pollution reduction plan. Though it’s clear that some countries are producing and polluting more than others, either by GDP and or per capita, it’s also true that some very poor countries ( ex. Bangladesh, Sahel region, Iran) are suffering way more than others.
Even though climate change is undeniable, some factors like responsible land, forest, water, agricultural use ( resources), but also building quality, can contribute to or alleviate disasters.
It is a complex and codependent world we humans have created, within an apperantly more and more fragile ecosystem. Who will pay, whom will receive, and how much, should be based on some clear measurable variables, but mostly it will probably all depend on political will and moral responsibility.