Quotes
The influence of fossil fuel lobbies remains a significant obstacle that must be addressed ahead of COP30 if it is to deliver meaningful progress,
said David King, chair of the Climate Crisis Advisory Group
There's a lot more financing to be done on the basis of this agreement,
said Eliot Whittington, chief systems change officer at Cambridge Institute for Sustainability Leadership.jpg)
We are leaving with a small portion of the funding climate-vulnerable countries urgently need. It isn’t nearly enough, but it’s a start,
said Tina Stege, Marshall Islands climate envoy
It has been a difficult journey, but we've delivered a deal,
Stiell saidI regret to say that this document is nothing more than an optical illusion,
Indian delegation representative Chandni Raina told the closing session of the summit, minutes after the deal was gavelled in
While there is still substantial work ahead of us to achieve our climate goals, today’s outcome puts us one significant step closer. On behalf of the American people and future generations, we must continue to accelerate our work to keep a cleaner, safer, healthier planet within our grasp,
Biden said in a statementThere's a challenge in getting greater ambition when you're negotiating with the Saudis,
said US climate adviser John PodestaAs a wealthy nation, and a huge fossil fuel exporter, the Australian government notably failed to drive bigger ambition. This is about realism. Getting better financial arrangements is key to getting global support for rapid fossil-fuel phase-out globally.”
She added
Australia must also honour the spirit of [last year’s] commitment to transition away from fossil fuels and replace its exports of coal and gas with renewable energy,
she saidNow we need to get on with action to build the renewables, implement the transition and turn our complete attention to developing 2035 emission reduction targets due next year,
he saidA bad deal is worse than no-deal
protesters in Baku had been earnestly chanting all week
While some may seek to deny or delay the clean energy revolution that’s under way in America and around the world, nobody can reverse it - nobody,
he said
The rich world staged a great escape in Baku,
said Mohamed Adow, the Kenyan director of Power Shift Africa, a think tank
The new rules are a start, but the risk of abuse still remains alive and well,
said Injy Johnstone, a research fellow at the University of OxfordInternational carbon markets have crashed twice in two decades. This was due to an erosion of credibility. At Baku, the operationalisation of international carbon trading under Paris can prevent a third meltdown that could be fatal,
said Axel Michaelowa, a carbon markets expert at the University of ZurichThe idea to grow the carbon market is to get climate financing to the right places. A London taxpayer is not going to give thousands of dollars to developing countries to reduce the emissions, especially if you’re not sure about those developing countries’ commitment. We’re all in the same bucket, whether it’s Mali, Saudi Arabia or China; that’s where the idea of where carbon markets came about,
she addedWe have to learn the lessons of past mistakes and watch for new ones this system could create, otherwise we risk the Paris agreement becoming a market failure,
she saidWe’ve invested in millions of dollars for no guarantee of any return [in the new rainforest carbon credit methodology]. It’s all done at risk,
she saidThey are a powerful tool to accelerate the diffusion of low-carbon technology around the world. The Paris carbon market is now ready to roll out in 2025. It can accelerate mitigation and thus help close the gaping emissions gap that separates us from achieving the 1.5C target,
he saidThe available evidence suggests that many carbon credits are not backed by any actual emission reductions. If these quality issues continue under article 6, this could undermine our efforts to achieve our climate targets. It is critical that we fix the integrity issue of the market,
he said