Trump US election win 'huge setback' for global climate cooperation, says expert

The Manila Times

Trump US election win 'huge setback' for global climate cooperation, says expert  Harjeet Singh, global engagement director for the Fossil Fuel Non-Proliferation Treaty Initiative, said Donald Trump's victory in the US presidential election would be a major setback for both climate negotiations and global cooperation. Speaking at the UN COP29 climate conference in Baku, Azerbaijan, Singh warned that the absence of the US — “the biggest historical emitter and now the top fossil fuel producer” — would significantly affect the talks.  AFP VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital    Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein   #TheManilaTimes  #worldnews  #climatechange  #cop29  #donaldtrump

Transcript

00:00So Trump winning elections is a huge setback to not only climate talks but global cooperation

00:17in general.

00:18We know he's likely to reverse all clean energy policies and incentives in the US.

00:24He's going to go for fossil fuel extraction much more, which is going to be devastating

00:28for the planet.

00:29And he's not going to provide any climate finance, which is so vital for developing

00:34countries to transition away from fossil fuels.

00:38So the outcome of the US elections is definitely going to impact negotiations at COP29, US

00:43being the biggest historical emitter and now the top fossil fuel producer has an outsized

00:49responsibility not only to reduce its emissions, move away from fossil fuels, but also provide

00:54finance.

00:55And US not being at the table is going to really affect the negotiations in a big way.

01:01What we need right now is more ambition and developing countries have been looking to

01:06develop countries to meet their targets and here we are where US is not going to be able

01:12to meet its obligations and not even provide finance.

01:15So it's going to affect climate action across the board.

01:19So if developing countries do not get finance, it's very clear we will not be able to achieve

01:25the target of staying below 1.5 and rather we will reach beyond three degree Celsius

01:30of warming, which is going to be devastating for everybody.

01:33We want an ambitious goal and as climate activists and civil society, we are demanding at least

01:40$5 trillion should be committed annually to be provided.

01:45And out of that $1 trillion should be public finance, which means grant.

01:50And that's the kind of scale we need to meet the targets that we have set for ourselves.

01:55It is really unfortunate that many of the world leaders are not attending a COP29 climate

02:00conference, and it doesn't really send a good signal because this is probably the most important

02:07COP after Paris, because if you don't provide money, nothing is going to move.

02:12So we want leaders to show up in big numbers and demonstrate their commitment because that's

02:19what is needed right now.

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