Climate Change Debate: A Return to Action

• The Copenhagen Climate Plan (COP) has led to a “roadmap” for developing countries, aiming to triple public finance from $100 billion annually to $300 billion by 2035.

• The agreement also aims to scale finance from public and private sources to $1.3 trillion per year by 2035.

• The $300 billion figure represents only 20% of the original demand, indicating a gap between what was demanded and agreed upon.

• Despite scientific progress, developed countries have repeatedly backtracked on their responsibility to support meaningful climate solutions.

• Many have failed to discourage developing countries from pursuing fossil-fuel-based development.

• The shift to market competition over global solidarity is likely due to geopolitical changes and reduced public support in the West.

• Climate negotiations are now entangled with trade conflicts, with wordplay and political posturing often preceding meaningful action.

• The urgency of the climate crisis calls for a return to the commitment to action, not just rhetoric.