The focus at Cop, Corrêa do Lago said, would be on highlighting how the shift to cleaner energy and protecting forests provide tangible economic benefits to people. “That’s why we wanted to be a Cop of solutions, a Cop of action, and not so much a Cop in which you’re going to negotiate documents that you don’t know if they’re going to be implemented,” he said.
“We negotiated so many things under the Paris accord, including about renewables, about energy efficiency, about transitioning away from fossil fuels, about ending deforestation. I believe that there are enough agreements on those things, now we have to translate that into the economy and into people’s lives.”
Countries will again discuss climate finance at Cop30 but there remains a “very strong divide” between developed and developing countries on this issue, Corrêa do Lago said, with poorer nations urging those countries most responsible for the climate crisis to provide more funding to help deal with the impact of flooding, heatwaves, droughts and other mounting disasters. Small Pacific island states also recently called for rich countries to hurry up and submit their new climate plans.
China, the world’s largest greenhouse gas emitter, is “demonstrating an absolute conviction that it’s the right way to go and to incorporate climate into their economic growth”, according to Corrêa do Lago. Xi Jinping, China’s president, has said that his country will “not slow down its climate actions” despite Trump’s backtracking on cutting carbon pollution.
Corrêa do Lago was speaking at a BloombergNEF event which featured several gloomy comments from speakers about the US’s retreat from dealing with the climate crisis and the uncertainty this has caused for clean energy developers.
States, cities and businesses within the US are still pushing ahead with the energy transition despite Trump’s actions, insisted Gina McCarthy, Joe Biden’s top climate adviser.
“Yes we need to recognize that we have a president who wants to deny climate, yes we have tremendous challenges moving forward but we have incredible opportunities,” McCarthy said.
“Clean energy is not gone, it may have gone quiet but businesses are still jumping in to make the investments to protect our future and our kids. That is what gives me hope.”
