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“Torrents, not trickles”: UN climate chief’s vision for COP29

The UN’s next climate summit will be an “enabling COP,” focused on drastically scaling up climate finance and making bold emissions reduction commitments.

Why it matters: Top UN climate official Simon Stiell delivered a speech this morning in Baku, Azerbaijan, envisioning what will happen if the world meets the climate challenge and avoids devastating impacts of climate change.

Zoom in: The speech, delivered at ADA University, counters perceptions in some parts of the climate community that Baku will involve lower stakes and more technical work than COP28 did in Dubai.

Stiell instead makes clear how much work needs to be done to finance the transition away from fossil fuels to reliable forms of renewables in both industrialized and developing nations.

“Without far more finance, 2023’s climate wins will quickly fizzle away into more empty promises,” Stiell said. “We need torrents, not trickles, of climate finance.”

The money message was delivered loudly in Dubai, but countries like the U.S. committed little in the way of public financing, given the political realities in Congress.

Well, why not tell every Warmist to donate 30% of their yearly income and 50% of their net worth? We can start with all the rich folks telling us this who have massive carbon footprints. It’s just so wild that this always comes down to taking money away from Other People. Along with their life choices and freedom.

And, really, what assurances do we have that this “torrent” of money would solve anything? Please let me know of any government that truly spends the money they forcibly take from citizens wisely.