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The main environmental associations (WWF, Ecologuestas en Acción, Greenpeace, Alianza Verde and SEO/BirdLife) assured that the agreement reached at the UN Climate Change Conference (COP29) “poor, very disappointing and inadequate” result.

COP29 ended this Sunday with a final declaration reflecting the commitment $300 billion in annual funding from developed countries by 2035 to its development partners after a long night of negotiations.

In this sense, WWF warns that the final decision risks ‘climate action rollback’ just at the moment when it is most important to accelerate it” and assure that the financing agreement is “very far” from meeting the needs of developing countries. “This is a disappointing, inadequate agreement and a step backwards,” the environmental group said.

“The world was disappointed by this weak climate finance deal. At this crucial moment for the planet, this failure threatens to derail global efforts to solve the climate crisis. And it risks leaving vulnerable communities exposed to the onslaught of escalating climate disasters. This is a major blow to the fight against climate change,” said WWF Global Director for Climate and Energy Manuel Pulgar-Vidal.

For its part, Greenpeace noted that the new international climate finance target is “very disappointing” and that it “very far” from the required minimum of at least 1 billion nor is it funded entirely by the state.

“Approved funding goal clearly not enough given the desperation and severity of the climate crisis and comparison with the funding needed for climate action around the world. $1 trillion a year in public funding was required, but only $300,000 million in public funding was approved,” said Pedro Zorrilla Miras, Greenpeace Spain’s representative at COP29.

However, the organization adds that The “positive” thing is that last year’s commitments were confirmed. which called on all countries to divest from fossil fuels.

For Alianza Verde the final result is: “poor and far below” what is currently neededThey regret that, due to pressure from Saudi Arabia, consensus could not be reached to include an explicit reference to the need to divest from fossil fuels.

“If the dynamics of the CoP do not change and actions are taken with greater conviction and urgency, It will be impossible to avoid catastrophic climate change. Although multilateral action is necessary to solve a global problem, it is clear that this mechanism is not working. And we had three summits in a row in oil-producing countries. Either we take the seriousness of the problem seriously, or we will soon find ourselves in an irreparable situation,” said Juantcho López de Uralde, federal coordinator of the Alliance Verde.

Similarly, environmentalists in action They condemn the lack of will of countries to move forward, especially from the global North, and they note that the final agreement sums up the lack of commitment because “given annual inflation, this fund in 2035 will represent the same effort as the one agreed to in 2009.”

“What we have experienced in these weeks at COP29 is: Just a shame for the planet. The European Union has demonstrated its inability to meet the financial commitments it has made by developing strategies to escape its historical and climate responsibilities. It is unacceptable that while the EU demands that countries in the global South reduce emissions, they hide behind and protect the United States without offering any additional commitments, as agreed in Paris,” said Javier Andaluz, head of climate and energy. essence.

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Finally, SEO/BirdLife also expressed their “deep disappointment” because The results fall far short of what is needed to “solve the double climate crisis.” and loss of biodiversity.” The organization also condemned the “ineffectiveness” of the current United Nations system in reaching agreements that respond to the scale of the climate crisis.

“After the 29th CoE, we continue to fail humanity and the planet. This negotiation model is unable to provide effective responses to a global problem. The climate and biodiversity crises require ambitious, comprehensive and urgent solutions. We need additional tools to overcome current restrictions and reach real agreements. “Perhaps it is time for heads of state and government to directly take control of decisions,” suggested Education Executive Director Asuncion Ruiz.

(Europe Press)