The French Minister for Ecological Transition Agnès Pannier-Runacher regrets an agreement “disappointing“, even if she notes “several advances», including the tripling of funding allocated to poor countries threatened by global warming.
The French Minister of Ecological Transition Agnès Pannier-Runacher judged the agreement reached on Sunday at COP29 “disappointing» et «not up to the challenges».
Despite “several advances“, including the tripling of funding for poor countries threatened by climate change, the Baku conference was marked “by real disorganization and a lack of leadership from the presidency» Azerbaijani, said the minister in a statement sent to AFP.
«The text on finance was adopted in a climate of confusion and contested by several countries», recalled Ms Pannier-Runacher, judging the agreement “not up to the challenges».
An “unambitious” agreement
The 29th United Nations Conference on Climate Change adopted several decisions, the main of which set the obligation for rich countries to finance at least 300 billion dollars per year by 2035 to support the energy transition and adaptation to climate change. climate change in developing countries. But the representative of the 45 poorest countries on the planet, who hoped for much more, denounced an agreement “not ambitious».
Nevertheless, recalled Ms. Pannier-Runacher, “this commitment comes in addition to that on tripling renewable energies by 2030 and tripling nuclear capacities by 2050, made in Dubai last year. Added to this is an overall climate financing objective, from all sources, of 1,300 billion dollars, necessary to accelerate the transition to a world without fossil fuels.».
Among the “advances» noted by the French minister also appears “a historic agreement, after nine years of negotiations, on a voluntary carbon market framework, with a desire to guarantee environmental integrity”, which “could enable real development of international carbon credit markets».
“A real failure for this COP29”
«On the other hand, on mitigation, no text is adopted, which sends a very negative message and marks a real failure for this COP29“, she added.
For Ms. Pannier-Runacher, who had canceled her trip to Baku against a backdrop of diplomatic tensions between France and Azerbaijan, “this COP was marked more broadly by real disorganization and an absence of leadership from the presidency, which failed to rise to the challenge».
«Our hopes now focus on COP30 which will be chaired by Brazil“, she said. Ms. Pannier-Runacher finally assured that France remained “strongly committed to solidarity with developing countries, with 7.2 billion euros in climate financing in 2023, including 2.8 billion for adaptation, i.e. nearly of 10% of global finance on adaptation.
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