BAKU: The UN’s climate chief called on leaders of the world’s biggest economies on Saturday to send a signal of support for global climate finance efforts when they meet in Rio de Janeiro next week. The plea, made in a letter to G20 leaders from UN Framework Convention on Climate Change Executive Secretary Simon Stiell, comes as negotiators at the COP29 conference in Baku struggle in their negotiations for a deal intended to scale up money to address the worsening impacts of global warming.
“Next week’s summit must send crystal clear global signals,” Stiell said in the letter.
He said the signal should support an increase in grants and loans, along with debt relief, so vulnerable countries “are not hamstrung by debt servicing costs that make bolder climate actions all but impossible.”
Business leaders echoed Stiell’s plea, saying they were concerned about the “lack of progress and focus in Baku.”
“We call on governments, led by the G20, to meet the moment and deliver the policies for an accelerated shift from fossil fuels to a clean energy future, to unlock the essential private sector investment needed,” said a coalition of business groups, including the We Mean Business Coalition, United Nations Global Compact and the Brazilian Council for Sustainable Development, in a separate letter.
Success at this year’s UN climate summit hinges on whether countries can agree on a new finance target for richer countries, development lenders and the private sector to deliver each year. Developing countries need at least $1 trillion annually by the end of the decade to cope with climate change, economists told the UN talks.
But negotiators have made slow progress midway through the two-week conference. A draft text of the deal, which earlier this week was 33-pages long and comprised of dozens of wide-ranging options, had been pared down to 25 pages as of Saturday.
Sweden’s climate envoy, Mattias Frumerie, said the finance negotiations had not yet cracked the toughest issues: how big the target should be, or which countries should pay.
“The divisions we saw coming into the meeting are still there, which leaves quite a lot of work for ministers next week,” he said.
European negotiators have said large oil-producing nations including Saudi Arabia are also blocking discussions on how to take forward last year’s COP28 summit deal to transition the world away from fossil fuels.
Saudi Arabia’s government did not immediately respond to a request for comment. Progress on this issue has been dire so far, one European negotiator said.
Uganda’s energy minister, Ruth Nankabirwa, said her country’s priority was to leave COP29 with a deal on affordable financing for clean energy projects.
“When you look around and you don’t have the money, then we keep wondering whether we will ever walk the journey of a real energy transition,” she said.
UN climate chief asks G20 leaders for boost as finance talks lag
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UN climate chief asks G20 leaders for boost as finance talks lag
- Negotiators at the COP29 conference in Baku struggle in their negotiations for a deal intended to scale up money to address the worsening impacts of global warming
Trump says Greenland will ‘work out’ after Denmark fails to bridge gap
- Trump has appeared emboldened on Greenland — which he views as in the US backyard — since ordering a deadly January 3 attack in Venezuela that removed president Nicolas Maduro
WASHINGTON, United States: US President Donald Trump held open the possibility Wednesday for a resolution on his designs over Greenland after Denmark’s top diplomat said he failed to change the administration’s mind on wanting to conquer the island.
The foreign ministers of Denmark and Greenland, an autonomous territory under Copenhagen’s sovereignty, met at the White House with Vice President JD Vance and Secretary of State Marco Rubio in a meeting the visitors had requested to clear up “misunderstandings” after Trump’s bellicose language toward the fellow NATO member.
Trump, speaking after the meeting which he did not attend, for the first time sounded conciliatory on Greenland, acknowledging Denmark’s interests even if he again said he was not ruling out any options.
“I have a very good relationship with Denmark, and we’ll see how it all works out. I think something will work out,” Trump said without explaining further.
He again said Denmark was powerless if Russia or China wanted to occupy Greenland, but added: “There’s everything we can do.”
Danish Foreign Minister Lars Lokke Rasmussen, speaking after leaving the White House, said a US takeover of Greenland was “absolutely not necessary.”
“We didn’t manage to change the American position. It’s clear that the president has this wish of conquering over Greenland,” Lokke told reporters.
“We therefore still have a fundamental disagreement, but we also agree to disagree.”
He said the issue was “very emotional” for the people of Greenland and Denmark, a steadfast US ally whose troops died alongside Americans in Afghanistan and, controversially, Iraq.
“Ideas that would not respect territorial integrity of the Kingdom of Denmark and the right of self-determination of the Greenlandic people are, of course, totally unacceptable,” Lokke said.
He nonetheless said the tone was “constructive” and said the sides would form a committee that would meet within weeks to see if there was possible headway.
Referring to the British prime minister who trumpeted his diplomacy with Hitler, Lokke said, “I am not a Chamberlain to say “Peace for our time,” but we must seize the opportunities that present themselves.”
Mocking tone
While the talks were underway, the White House posted on X: “Which way, Greenland man?“
The post included a drawing of two dogsleds — one heading toward the White House and a huge US flag, and the other toward Chinese and Russian flags over a lightning-bathed Kremlin and Great Wall of China.
Neither country has claimed Greenland, and Lokke said no Chinese ship had been spotted there in a decade and that there were no major Chinese investments.
Denmark promised ahead of the meeting to ramp up its military presence further in the vast, sparsely populated and strategically located island.
Trump has derided recent Danish efforts to increase security for Greenland as amounting to “two dogsleds.” Denmark says it has invested almost $14 billion in Arctic security.
Denmark also announced immediate military exercises that will include aircraft, vessels and soldiers, with Sweden also participating.
In another show of solidarity with Denmark following Trump’s threats, Germany and France both said Wednesday they will send troops to Greenland. German’s defense ministry said it would send a 13-person team.
Signs of relief
On the quiet streets of the capital Nuuk, red and white Greenlandic flags flew in shop windows, on apartment balconies, and on cars and buses, in a show of national unity during the talks.
Ivaana Egede Larsen, 43, said she felt relief that the meeting appeared to be cordial.
“I am more calm now, and I feel more safe. I had felt very much unsafe lately,” she said.
In Copenhagen, Thomas Fallesen, 56, voiced similar sentiments.
“They are now at least talking together instead of talking through the press. I think it’s a very positive thing,” he said.
Vance, who slammed Denmark as a “bad ally” during an uninvited visit to Greenland last year, is known for a hard edge, which was on display when he publicly berated Ukrainian President Volodymyr Zelensky in the Oval Office last February.
Wednesday’s meeting, however, was closed to the press, meaning there was no on-camera confrontation.
Trump has appeared emboldened on Greenland — which he views as in the US backyard — since ordering a deadly January 3 attack in Venezuela that removed president Nicolas Maduro.
