"Bitter Harvest from Baku": COP30 Adaptation Goals at risk as rich countries refuse grant finance, says ActionAid
At the halfway point of COP30, Teresa Anderson, ActionAid’s Global Lead on climate justice, says:
"Negotiations on just transition have moved quickly in just one week and represent real hope for both climate action and people. There is growing recognition that taking shortcuts in social justice makes the climate journey longer. However, the second biggest polluter, and the world’s biggest employer - agriculture - is still missing from the just transition text. COP30 needs to address this gap in a global approach to just transition.
At the same time, rich countries’ refusal to provide more grant-based climate finance is really taking the wind out of the sails of climate negotiations. After the woefully insufficient climate finance goal agreed at COP29 in Baku last year, African countries at COP30 have started to worry that the longed-for Global Goal on Adaptation could end up becoming a rod for their backs if not accompanied by the climate finance they need to implement actions. Adaptation risks becoming the first victim of the bitter harvest from Baku.”
ENDS
Notes to editors
Teresa Anderson is tracking negotiations in Belem and is available for comment. Contact the press office at media-enquiries@actionaid.org or on +263772616506 or +44 7592 302293 to arrange.