Experts Demand Urgent Overhaul of Ineffective Climate Summits
Leading climate policy experts, including Ban Ki-moon and Mary Robinson, argue that UN climate summits should only be hosted by countries committed to climate action, with stricter rules on fossil fuel lobbying. They criticize the current process as ineffective, highlighting the influence of fossil fuel lobbyists at Cop29 in Azerbaijan, a major oil producer. The focus of Cop29 is on securing $1 trillion annually by 2030 to help poor countries reduce emissions and adapt to climate impacts. Proposals for new funding sources include taxes on cryptocurrencies, plastics, and frequent flyers.