Climate Minister Lars Aagaard (M) is ready to let the entire EU fly home from the COP30 climate summit in Belém without an agreement, if there is no agreement to reduce greenhouse gas emissions.
The EU will thus leave the negotiations on a new target for financing developing countries' climate adaptation without support. This is what Lars Aagaard, speaking in the capacity of the EU presidency's lead negotiator, says shortly before the summit deadline.
- We want this world to unite to reduce emissions. And if we can't be pressured into it, there will be no agreement, he says.
At the COP30 climate summit, which has an official deadline on Friday, a conflict has arisen between demands for CO2 reductions and more money for climate adaptation in poor countries.
Climate financing creates discord
While the EU is trying to push for an agreement that shows the way away from fossil fuels, developing countries will have commitments to more climate financing in return. Conversely, the EU will only cough up additional financing if it is promised an agreement that addresses the lack of CO2 reductions.
- That's the fundamental thing. If someone wants something, they must also give something, says Lars Aagaard.
Developing countries and NGOs have called for the target for financing climate adaptation in developing countries to be tripled.
Climate change is hitting the poorest regions particularly hard, and in order for developing countries to be able to afford to make CO2 reductions in a green transition, the rich part of the world must help financially, it is said.
- That is why it is important to combine this very good initiative on an agreement on CO2 reductions with also meeting the developing countries on the financing issue, says Mattias Söderberg, who is a climate advisor at DanChurchAid and a long-time observer of climate summits.
Otherwise, the developing countries will find themselves on their hind legs.
- If you don't do that, the initiative on CO2 reductions will be empty. word.
/ritzau/
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