Global South Trade Unions call for $5 trillion a year of climate finance

DCJ PRESS RELEASE:  

BAKU, AZERBAIJAN, 19 NOV 24 – Global South Trade Unions presented a COP29 statement that calls for $5 trillion a year of climate finance and public pathways to energy transition. Link to the joint statement here.  

Global South Trade Unions echo the calls of the International Trade Union Confederation (ITUC) and its regional bodies from Africa, Asia Pacific, and the Americas; Global Union Federations (GUFs); and other trade union bodies for COP29 to deliver levels of climate finance that are commensurate with, first, the unprecedented scale of the threat posed by climate change and, second, the historic responsibilities of the Global North that are recognised under the UNFCCC.  

As workers, we support a response to the climate crisis that promotes global justice and respects and protects workers’ rights as outlined in the Just Transition Work Program (JTWP). We urge all Parties to develop and implement effective and actionable steps to ensure a just and equitable transition in the Global South.

“We’re seeing an energy expansion with record use of fossil fuels growing alongside renewable forms of energy. So we spent several years critiquing that assessment and saying one of the main reasons why this was happening was because an over expectation of investment by the private sector is not showing up in terms of its investment capabilities. For every $5 invested in the so-called green economy, only $1 comes to the South, and it’s usually in the form of concessional loans, which add more debt to the countries of the South.”

Sean Sweeney, Trade Unions for Energy Democracy

“I come from the Philippines, a country that has just been visited by six storms in four weeks, at least 233 lives, 50,034 houses, 11.2 billion in infrastructure and 5.9 billion in agriculture have been swept and blown away by the storms. And with enterprises stopping operations, leaving devastated workers and their families behind without work, there are no wages. With their livelihoods gone, they would have no means to survive. The Cop 29 negotiations have been billed as the ‘Finance COP’. Everyone expects that through the new collective quantified goals, the Global South, which includes countries like the Philippines, would have a steady source of funds to recuperate from disasters and provide social protection and eventual reemployment. But no, the negotiations have stalled, and the Global North has refused to commit $5 trillion to the Global South.”

Julius Cainglet, Federation of Free Workers, International Trade Union Confederation-Asia Pacific

“We urgently need to define a public pathway to, energy transition, where the public, where, where, where countries can define how they want this transition to happen, the new forms of, financial, architecture that we see today, which is the space is in no form servicing or providing, they need a transition that we need for our, our countries, that forms of of, financing that are coming in the forms of loans, are already compounding or are compounding the existing, debt that we, that our countries are faced with, and therefore we are calling on countries to refrain from loans and provide any forms of financial assistance through grants.”

Rhoda Boateng, International Trade Union Confederation Africa

“The trade unions of the Global South defend public energy service as a fundamental human right for sustainable development and social justice. A public energy system guarantees access to affordable and clean energy, controls prices, promotes transparency, drives the energy transition, and strengthens national sovereignty. The case of Mexico, which reversed the privatization of the energy sector, is an inspiring example for the Global South. We urge the signatory parties to the Paris Agreement to defend energy as a public good and strengthen public energy services to ensure fair, sustainable energy at the service of human development.”

Sol Klas, Public Services International-Latin America

“The demands of the Global South are not requests — they are urgent, non-negotiable truths. True climate finance must be public, debt-free, and rooted in justice. We’ve had enough of empty promises at UN Climate Summits which leave workers and communities paying the price of climate breakdown while the crisis deepens. We stand in solidarity with Global South unions raising their voice for a public pathway approach to a just transition.”

Leon Sealey-Huggins, War on Want

Contacts:

Esthappen S | Global Campaign to Demand Climate Justice | [email protected]

Julian Reingold | Global Campaign to Demand Climate Justice | [email protected]

Isabel Rodrigo | Asian Peoples’ Movement on Debt and Development | [email protected]

Global South trade unions hold press conference calling for $5 trillion a year in climate finance, demand public pathways to energy transition

WHEN: Tuesday, November 19, 9:30 am Baku time (GMT+4)

WHERE: Press Conference Room Natavan, Area D, Blue Zone [WATCH LIVE]

WHAT: Global South Trade Unions will hold a press conference to deliver a COP29 statement that calls for $5 trillion a year of climate finance and public pathways to energy transition. Link to the joint statement here.  

Global South Trade Unions echo the calls of the International Trade Union Confederation (ITUC) and its regional bodies from Africa, Asia Pacific, and the Americas; Global Union Federations (GUFs); and other trade union bodies for COP29 to deliver levels of climate finance that are commensurate with, first, the unprecedented scale of the threat posed by climate change and, second, the historic responsibilities of the Global North that are recognised under the UNFCCC.  

As workers, we support a response to the climate crisis that promotes global justice and respects and protects workers’ rights as outlined in the Just Transition Work Program (JTWP). We urge all Parties to develop and implement effective and actionable steps to ensure a just and equitable transition in the Global South.

WHO: Global South Trade Unions in COP29 in coordination with Trade Unions for Energy Democracy (TUED) and the Global Campaign to Demand Climate Justice (DCJ)

Speakers:

  1. Sean Sweeney, Trade Unions for Energy Democracy
  2. Julius Cainglet, Federation of Free Workers, International Trade Union Confederation-Asia Pacific
  3. Rhoda Boateng, International Trade Union Confederation Africa
  4. Sol Klas, Public Services International-Latin America

Moderator: Leon Sealey-Huggins, War on Want

Contacts:

Esthappen S | Global Campaign to Demand Climate Justice | [email protected]

Julian Reingold | Global Campaign to Demand Climate Justice | [email protected]

Isabel Rodrigo | Asian Peoples’ Movement on Debt and Development | [email protected]

SIDE EVENT: Plurinational State of Bolivia with Third World Network (TWN)

MEDIA ADVISORY

Expectations from Baku Finance COP 

2024 may have been marked by devastating wildfires, floods, hurricanes, heatwaves and preventable climate and geopolitical disasters, but that has had no bearing upon COP in Baku as Global North governments continue to underplay the threat from extreme weather and climate change related events and have turned up at this ‘Finance COP’ without any public Climate Finance to offer. The fate of the new collective quantified goal (NCQG) on climate finance hangs in the balance, as the Baku climate talks enter the final stage of negotiations.

While developing countries are calling for at least USD1.3 trillion per year, from the floor of USD 100 billion, whether there is political will from the remaining developed countries to provide a significant quantum in public resources will be known at midnight when we receive the NCQG text. With Arab Group, the African Group (AGN) and the Like-Minded Developing Countries (LMDC) along with the G77 and China calling for more balanced text that includes key propositions on resilience building, adaptation concerns and Global justice while the Northern governments try to pull off ‘A Great Escape’ from historic and collective financial responsibility, it is unclear how the negotiations can get past the current impasse. 

The developed world, through the 3 decades of COP negotiations, has tried to run further and further away on taking responsibility for destroying the Global South’s land, resources and the climate. With each COP, they create pull back further and further from climate finance obfuscating the core principles enshrined in the Paris Agreement on collective but differentiated responsibility and their legal obligation to provide resources (not entrenched in Global North profit making), particularly, finance for a Just and Equitable transition and adaptation including loss and damage. 

Join Diego Pacheco (Plurinational State of Bolivia), Ambassador Mohamed Nasr (Egypt), Prof. Fadhel Kaboub (Power Shift Africa) and Meena Raman from the Third World Network as they deep dive into the state of play after one week and expectations from the Baki Finance COP.  


When: November 19th, Tuesday | 18:30-21:00 hs (Baku)

Where: Side Event 1 

Speakers:

  • Diego Pacheco (Plurinational State of Bolivia)
  •  Ambassador Mohamed Nasr (Egypt)
  • Prof. Fadhel Kaboub (Power Shift Africa) 
  • Moderated by Meena Raman (Third World Network)

Contact Us 

DCJ: Esthappen, +919820918910, [email protected] 

Julian, +306941437285, [email protected]

Intervention


My name is Paloma Jofre, I am speaking on behalf of ENGO-DCJ. I voluntarily declare that I have no ties with fossil fuel industries (or other emission intensive industries) and no conflict of interest.

I come from the Wallmapu, Mapuche territory in South America, where our communities and our land cannot afford more extractivism, we cannot afford more false solutions. 

We may be in week 2 of this COP but really we have been at this same juncture for nearly 30 years. When are you all gonna wake up?! Wake up.

There are nearly 1,800 fossil fuel lobbyists at COP29—why are they here? To protect their dirty business and derail negotiations. We know who’s to blame for the climate crisis: you, rich countries and the fossil fuel industry.

We demand an ambitious NCQG of 5 trillion USD per year in public and non-debt creating climate finance. Don’t say you don’t have the money. You just choose to spend it on war, conflict, and genocide and in supporting big polluters.

I now speak to our governments. You represent millions of people suffering from the climate crisis, stand up for our survival. . A bad deal—one that shifts the burden to Global South countries or dilutes the Global North’s obligations—is worse than no deal at all. Don’t let global north governments derail this process and sow division. Our power lies in our solidarity.

We simply cannot afford another shameful and empty outcome. We are asking for our right to exist. Defund genocide, fund climate justice!

Calling out the real ‘wreckers’

The Global Campaign to Demand Climate Justice 

PRESS RELEASE:

BAKU, AZERBAIJAN, 18 NOV, 24 – 2024 may have been marked by devastating wildfires, floods, hurricanes, heatwaves and preventable climate and geopolitical disasters, but that has had no bearing upon COP 29 in Baku as G7 governments continue to underplay the threat from extreme weather and climate change related events and have turned up at this ‘Finance COP’ without money or a mandate due to electoral losses and collapsing coalitions. Needing to posture for political points back home, the US and EU are once again accusing developing countries of blocking progress, while attempting to divide G77+China unity as they stand strong for a New Collective Quantified Goal (NCQG).  Our warming world needs a big breakthrough in Baku but it seems set for a breakdown.

The fate of the new collective quantified goal (NCQG) on climate finance hangs in the balance, as the Baku climate talks enter the second and final week of negotiations, scheduled to end Friday, Nov 22nd. While developing countries are calling for at least USD1.3 trillion per year, from the floor of USD 100 billion, whether there is political will from the remaining developed countries to provide a significant quantum in public resources remains to be seen. With Arab Group, the African Group (AGN) and the Like-Minded Developing Countries (LMDC) along with the G77 and China calling for more balanced text that includes key propositions on resilience building, adaptation concerns and Global justice while the Northern governments try to pull off ‘A Great Escape’ from historic and collective financial responsibility, it is unclear how the negotiations can get past the current impasse. 

The 2015 Paris Agreement’s Article 9 says developed countries SHALL provide finance and technology to developing countries, yet by all honest accounts they have failed to deliver the $100 billion per year promised in Paris. NCQG aims to agree on a new number — a quantum or financial figure — for how much money developing countries can plan on developed countries’ providing in order to reduce their emissions and adapt to increasing impacts from climate change. G7 cannot keep harping about ambition without the show of commitment. Call out the real wreckers, at COP and back at home. 

Victor Menotti, US Coordinator, Global Campaign to Demand Climate Justice 

It is the same old story of the North running away from its responsibilities and trying to divide the South rather than repairing the trust that has been destroyed in this COP space. They are here without power and without money and without mandates so they are trying to shift the narrative and manufacture consent that it is the Global-South blocs that are blocking progress. Its something they love to tell folks back at home when in reality they have come here with zero commitment to preventing a climate collapse and making any progress on crucial negotiations that impact the future of the world. We know they have the money. It’s in their military budgets, their fossil fuel subsidies to big polluters, their tax breaks for billionaires. So the money is out their but its a crisis of political will on preventing a total climate collapse’

Mariama Williams, Global Afro-Descendant Climate Justice Collaborative

“The global community would love the US to continue to participate in global affairs. We also have to recognize that this is not the 1950s or 1960s anymore. We’re in a different world where there are multiple polarities. There’s the rise of BRICS, the BRICS government, BRICS group. And so there’s a lot more flexibility that is approachable for many developing countries. And so we’re not as panicked as 10, 15 years ago. Of course they’re not fully fledged and ready to go, but it does give us the possibility for finding new sources of funds for our development issues and for pushing for greater reform of the World Bank, IMF and the World Trade System. And these are all part of the climate system. The IPCC, which is the authoritative scientific body for this convention, for the first time in its 30 years said that colonialism is a driver. of climate change and so we want to get rid of colonialism and imperialism in the global monetary and climate system. We see that occurring also in this space so we will deal with whatever we have to deal with because that’s how the world flows.”

Lidy Nacpil, The Asian Peoples’ Movement on Debt and Development

We have two messages, it’s ‘Pay Up!’ for the Global North and ‘Stand Up’ to the Global South. Northern governments cannot wash their hands of historic and collective responsibility towards contributing to the NCQG. And we recognise their tactics of putting no public money on the offer as a way to get the Global South to accept Carbon Markets, which we know are devastating for our countries, communities and ecosystems, as a funding source for Climate Finance. We also want to remind negotiators that they have a responsibility to people back at home to  stand up for our rights and get Global-North to pay up the debt that is owed to us ’. 

Kirtana Chandrasekaran, Friends of the Earth International 

The gaveling through of Article 6.4 is a desperate and a very dangerous last ditch attempt by developed countries to get some finance on the table in the absence of any kind of real commitment for grant based quality financing which is what is needed to move forward on NDCs and achieve emission reduction. It is very clear from 30 years of evidence and the mountain of reports released in the last several years including media exposes and investigations that the global carbon markets, both voluntary and compliance, are fraudulent. The vast majority of credits produced are actually based on frauds. Carbon markets do not reduce carbon emissions, they only displace them from one place to the other allowing big polluters and countries to continue polluting. They are a form of carbon colonialism allowing them to force the global south, within that the most marginalised communities including indigenous, communities, peasants and forest dependent communities, to bear the burden of Global North emissions. 

Latin American leaders and the road towards COP30 in Belem

DCJ PRESS RELEASE:  

BAKU, AZERBAIJAN, 18 NOV 24

Climate activists from Latin America and the Caribbean have set their demands towards the second week of COP29, focusing on the damage that the approval of Article 6.4 can cause in the UNFCCC process, and the low expectations regarding the political will to provide funds, especially for loss and damage, as well emissions reductions in the agriculture sector.

Despite the uncertain outcome of negotiations in Baku, particularly on carbon markets and false solutions, Latin America is already building the road towards Belem next year, where the People’s Summit is expected to put pressure on the Brazilian COP30 Presidency and reduce the impact on communities of the climate crisis.

“The People”s Summit towards COP 30 in Belem will be an opportunity for social movements and organizations to strengthen the global movement for climate justice, land rights and for socioenvironmental transformation. Calling an autonomous and popular convergence process with protagonism of Amazon, LAC and Global South organizations, our goal is to mobilize and pressure for real climate solutions and popular just transition”.

Maureen Santos, FASE

“Over the past decade, powerful neoliberal governments, transnational agribusinesses, and multinational corporations have been pushing market-based and technology-driven solutions. They continue to burn down our house and we know no one else is coming for us, but ourselves. We promote and practice Agroecology as the systemic solution to achieve Food Sovereignty and Social Justice producing 70 percent of the food worldwide in approximately 30 percent of the available arable land. In La Vía Campesina we commit to continue fulfilling the sacred responsibility of feeding the world, sustaining life while we defend and steward the natural commons.”

Jesús Vázquez Negrón, La Vía Campesina Internacional (Puerto Rico)

“Agro-businesses associated with unsustainable livestock farming are a major cause of environmental and social injustices. It must be a central issue for climate action, as the increasing corporate power of big meat and dairy in these negotiations, participating in parallel multi-stakeholder initiatives, allows for the consolidation of false solutions and narratives.”

Andrea Echeverri, Global Forest Coalition (Colombia)

“The polluter countries must pay a fine and not a fee to continue polluting. A fine has to do with the recognition of ecological debt. Fine is impunity and has to do with all that has being negotiated in this and former COPs”

Ivonne Yánez, Acción Ecológica (Ecuador)

“Damage and loss is a priority for our communities. Providing financial resources must be included in the commitments adopted at COP29. We do not accept agreements that violate the historical obligations of developed countries, which are the cause of this crisis. Negotiations cannot go beyond the legal framework; we have the right to have the damage repaired. The NCQG must provide the funds for damage and loss.”

Adrián Martínez, La Ruta del Clima

Developed countries display lack of political will in supporting Global efforts on preventing a total climate collapse  

DCJ PRESS RELEASE:  BAKU, AZERBAIJAN, 18 NOV 24 – ‘The 2024 Civil Society Equity Review: Fair shares, finance, transformation’ report launched by Global Campaign to Demand Climate Justice challenges the poisonous consequences of obfuscation, delay and inaction by Global-North governments on climate negotiations highlighting that ‘the key thread running through this history that these negotiations cannot ignore – as the negotiations grind on, so do the emissions.’ In its 10th year of publication, almost 350 organisations from across the world have endorsed the analyses, findings and recommendations of the report.  

The report presents a fair share assessment of NDC’s mitigation targets followed by a review of climate finance requirements and their sources. The authors propose that breaking the power of the fossil-fuel industry, while an absolutely necessary component of any possible climate strategy, is not enough and there is need for broader systemic changes if we are to stabilise the climate and address the polycrisis that big polluters have pushed our worlds into. 

“The Global North’s negotiators are refusing to engage with numbers of this scale, and by doing so are playing a very dangerous game. In this refusal, they imagine themselves realists, but they are in fact refusing to engage with numbers that have real empirical bases, and by so doing are endangering the UNFCCC regime and, indeed, the entire multilateral system, not to mention any remaining possibility of a stable climate and all that depends on it. True realism lies in the recognition that we actually have the money to save ourselves, and that the reallocation and redistribution of that money is now an existential necessity.” – 2024 Civil Society Equity Review. 

Developed countries appear to have abandoned Global efforts on preventing 

a total climate collapse  

COP29 in Baku, the so-called “Finance COP”, risks becoming a bankrupt COP as developed nations demonstrate that they have the money to fund genocide, subsidise big polluters, expand oil and gas production and fund false solutions but no public money for climate finance. As we enter the second week of COP29, at the end of a year marked by devastating wildfires, floods, heatwaves and preventable climate and geopolitical disasters, we are witnessing a failure of international cooperation embodied in the Paris Agreement.

Global North governments are turning their backs on the Global South on all critical fronts: creating pathways for equitable global cooperation, the New Collective Quantified Goal, finance and technological transfer for a Just Transition and divestment from fossil fuel investments including preventing false solutions like carbon markets from taking hold of climate finance. We are left with the Global South, disproportionately affected by the climate crisis and least responsible for it, dealing with disastrous impacts on communities and ecosystems. 

Join us as members of the Global Campaign to Demand Climate Justice RING THE ALARM on the potential failure of COP 29 to deliver on key mandates that can lead the world out of the polycrisis that we are facing.  

Contact Us

Julian, DCJ, +306941437285, [email protected]

We need finance for Just Transition, not just words! 

MEDIA ADVISORY WHEN: Saturday, November 18, 01:30 PM Baku time (GMT+4)WHERE: Location 4, Blue Zone. Spokespeople will be available for interviews nearby.WHAT: On Monday, November 18, civil society members and activists will gather to call out to world leaders to commit to a strong climate finance deal this year that enables the Global South to implement a Just Transition. We don’t just need words, we need public finance for a Just Transition!The Just Transition Working Program (JTWP) is the most promising opportunity for the world to prevent an imminent climate collapse given its wide scope, which was secured by the collective efforts of trade unions, social movements, CSO’s, and developing countries.However, Northern countries are seeking to further evade their climate obligations by limiting the scope of the JTWP and passing the burden of financing the transition to the private sector. They want developing countries to either implement a just transition on their own or further enable Northern-dominated and profit-driven multinational corporations and international financial institutions to lead the transition.This action comes at the start of week two of COP29, where the stakes are high for securing financial commitments to support the global transition away from fossil fuels and protect countries from worsening climate impacts. Here is the list of demands from Global South led civil society groups.  WHO: Activists from multiple UNFCCC constituencies and civil society groups from across the world.QUOTE SHEET HEREContacts:Isabel Rodrigo | Asian Peoples’ Movement on Debt and Development | [email protected] | +63 926 734 5712Esthappen S | Global Campaign to Demand Climate Justice | [email protected] | +919820918910

Developed countries appear to have abandoned Global efforts on preventing a total Climate collapse 

MEDIA ADVISORY

COP29 Press Conference – The Global Campaign to Demand Climate Justice (DCJ) 

  

COP29 in Baku, the so-called “Finance COP”, risks becoming a bankrupt COP as developed nations demonstrate that they have the money to fund genocide, subsidise big polluters, expand oil and gas production and fund false solutions but no public money for climate finance. As we enter the second week of COP29, at the end of a year marked by devastating wildfires, floods, heatwaves and preventable climate and geopolitical disasters, we are witnessing a failure of international cooperation embodied in the Paris Agreement.

Global North governments are turning their backs on the Global South on all critical fronts: creating pathways for equitable global cooperation, the New Collective Quantified Goal, finance and technological transfer for a Just Transition and divestment from fossil fuel investments including preventing false solutions like carbon markets from taking hold of climate finance. We are left with the Global South, disproportionately affected by the climate crisis and least responsible for it, dealing with disastrous impacts on communities and ecosystems. 

Join us as members of the Global Campaign to Demand Climate Justice RING THE ALARM on the potential failure of COP 29 to deliver on key mandates that can lead the world out of the polycrisis that we are facing.  


When: Monday 18th November | 09:30-10:00 hs (Baku)

Where: Press Conference – Natavan, Area D / WATCH LIVE

Who:

  • Lidy Nacpil, The Asian Peoples’ Movement on Debt and Development
  • Kirtana Chandrasekharan, Friends of the Earth International
  • Victor Menotti, Global Campaign to Demand Climate Justice 
  • Rachitaa Gupta, Global Campaign to Demand Climate Justice  

Latin American climate justice leaders at COP29

The Global Campaign to Demand Climate Justice (DCJ) 

Media Advisory

Climate activists from Latin America and the Caribbean critically assess the first week of COP29 and demand that the governments of the region take positions that are equal to the gravity of the crisis.

Latin American leaders from the Global Campaign to Demand Climate Justice (DCJ), Climate Action Network (CAN) and the Women and Gender (WGC) constituency will refer to the first results that the climate talks have yielded in the first days and will present their expectations for the coming week.

They will also present some of the main impacts that climate change is generating in the region and will evaluate the various aspects of the ongoing negotiations such as climate finance and carbon markets, fossil fuel phase out, the just transition and gender equity.

Join us as Latin American members of the Global Campaign to Demand Climate Justice address critical dynamics of the negotiations at COP29.

When: Saturday 16th November | 10:30am

Where: Press Conference – Natavan, Area D / WATCH LIVE

Who:

  • Paloma Jofré, Earth in Brackets [Earth]
  • Juan Carlos Alarcón, Plataforma Boliviana Frente al Cambio Climático 
  • Gina Cortés, Women and Gender Constituency
  • Osver Polo, Climate Action Network Latin America
  • Eduardo Giesen, Global Campaign to Demand Climate Justice

Julian, DCJ, +306941437285, [email protected]