"Pay Up!": At COP29, Poor Countries Demand $1 Trillion a Year in Climate Finance

Support our work: democracynow.o...
As the U.N. climate summit nears its close, we examine a proposed climate finance deal that is already being contested by participants. Among the major issues is the absence of a firm number in the draft text on how much rich countries will pay. Poorer nations bearing the brunt of the climate crisis say at least $1.3 trillion a year is needed, a target that comprises just 1% of the global economy. "We're here to negotiate a global settlement on climate finance, which is all about getting the funds that the poor world needs in order to cut greenhouse gas emissions, shift to a low-carbon economy and adapt to the impacts of extreme weather driven by the climate crisis," explains our guest Fiona Harvey, a longtime environment editor at _The Guardian_. Developed countries' resistance to shifting their methods of industrial development, as well as the outsized role of fossil fuel lobbyists at the summit, has led to a deal that satisfies no one. However, says Harvey, for as long as their investment in fossil fuels creates the very problem "we are trying to solve," it is crucial that wealthy nations commit to setting aside funding for poorer nations, as "the future of these countries depends on getting this finance."
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
Subscribe to our Daily Email Digest: democracynow.o...

[@rocke7398]

A bunch of folks spending lots of other people’s money, flying jets all over the world, producing nothing but starvation and poverty.

[@Wasssssup-3]

💯 and talking but not saying anything of meaning 😮 or doing anything while countries rip each other apart ! Yes seems the leaders are all talking and not doing anything except enjoying themselves at our expense

[@Rishabh-Dev]

This entire meeting could have been held online as well😅

[@gosikh]

All that money will be eaten up by politicians. See what’s happening in Sri Lanka with money given for clean water. 80-90% of the world bank money goes to politicians. This is all theatre.

[@joellis5915]

Yeh, That’s the truth, we were told by the Charity Organizations directly.

[@modrikisadopted6337]

Eat up so much. they have huge appetite for money. They eat too much yaah!!

[@ayushjaiswal9863]

Even 70% are from imf world bank through a loan deal, so your accusation is wrong, becoz, all these money giving in cash by organisation.

[@JimwombatLand]

GET A LIFE ! NO USA MONEY !

[@whatsgoingon07]

I’m sorry but what exactly will give the UN any authority to do any thing anywhere? They did nothing during the Rwanda genocide, they did nothing during Gaza and now they’re doing nothing in Sudan genocide. These people have as much power as a wet paper bag. What makes you think they will do something about climate change?

[@frankorobinson1540]

Its always about a money grab. And why is this money needed, how about every country take care of there own mess they are making like we are taught at 3 years old .are they trying to say people with more money should be responsible for poorer countries plastic bottles and trash in rivers and Oceans be put on the burden of people with more money 😂😂😂 how about everyone clean there own messes as there making the mess.

[@Wasssssup-3]

All countries are suffering some way worse than others , these leaders are a disappointment , but the worst by far is starmageddin

[@susansauceda9879]

Because it's their reason to fleece the little people for their money. If it benefits them, they will do it.

[@ninabishop8634]

How can we control climate with so much war going on? We cannot.

[@ronsanchez6992]

@@ninabishop8634 in case of nuclear war, climate change will be the least of your worries 😟 😨

[@Rishabh-Dev]

Without mutual efforts, never.

[@carson0711]

Man trump will be back in January. Please get us out of this foolishness

[@jasminefrichtl806]

Trump is a petafyle, sexually abuse women, destroy environment, breaks promises in last presidency, not a real Republican--- Trump and other Republicans brought migrants into New York took away funding from Americans on purpose to get Americans to vote for him when he promises to fix the problem it's a political trick read the book of power there's tons of tricks that politician pull on naive citizens

[@googletinder6074]

Thank god we elected Trump. This nonsense will never happen under him.

[@Western_Decline]

exactly. The world will move on without the U.S., and China will assume leadership.

[@gregfaris6959]

That's the thing about private luxury jets. You can give all of these corrupt leaders and their "climate negotiators" small fleets of Gulfstream 650s, at $70million a pop - but then the damn things need maintenance, and fuel, and insurance - It just never ends, so the climate money has to just keep flowing.

[@ronsanchez6992]

@@gregfaris6959 AL Gore has made a fortune pushing others to go green. It's a Green New Scam!

[@Gearsandoil]

Aircraft has to sit and run the engines burning fuel for hours to keep the interior temps nice and comfy waiting on the passengers….

[@easygreasy3989]

How is it that at a global climate conference, the oil majors are the biggest players? It's a godamn comedy/tragedy.

[@joemoore8047]

Because it's all fake.

[@josephinetracy1485]

This whole endeavor is a massive attempt by the wealthiest white men in the world to force all of the poor people of the world to pay a permanent WORLD TAX indirectly to THEM!! This is the ultimate TOP-DOWN revolution in human history!

[@PamDigiovanni]

Just to note, the last year of the Gaza slaughter, the emissions were equal to 17 coal producing plants!!

[@ArleeStarr]

👍for the truth. another👍for getting it past the joutube censors.

[@OhioVworld]

GJ IDF!!!

[@peterpohle9355]

The easiest way to lower CO2, is to plant more trees. Which doesn't cost a trillion.

[@Rishabh-Dev]

Only tree plantation won't help much. But yeah it is the most cost effective way to reduce CC.

[@12nuk]

The reason they are asking for a trillion is because they are trying to keep “poor countries” from USING fossil fuels just as much as the “wealthy Nations” which means these “poor countries” need to rely on renewable energy sources which costs a lot of money to build it’s infrastructure. To be honest a trillion is too little!!! Whoever thought oh a Trillion is a great idea is probably countries who’s GDP is no where near a trillion or never seen what a trillion looks like 😂😂😂 it ain’t much when you compare it to how much “wealthy nations” spend on energy.

[@surgio154]

Give them nothing , we have to many problems here to take care of

[@frankorobinson1540]

Exactly helping folks is normal but asking for amounts of money that is unreasonable. Everyone pick up and clean your own messes😂

[@Western_Decline]

@@frankorobinson1540Whit-e nations not only create emissions, but also spread wars around the world. a true plague

[@Rishabh-Dev]

Yup exactly

[@spamfilter32]

One should ask, why is a summit ostensibly about reducing carbon emissions, always hosted by Oil Exporting nations?

[@Freedoms0515]

Hey, our problems come first for our country!! I'm sick of our taxdollars being given away to help everyone else before ourselves

[@justbobsmith]

Canada cant even put food on the table anymore. Our foodbanks are collapsing under the poverty in Canada. We cant pay for this

[@ConstanceSlanina]

This poverty problem was artificially created. It is intentional :-(

[@tonywords6713]

Oh you'll pay for it alright. One way or another.

[@TerryGreenland-z6g]

As a Canadian we have gave billions to countries for aid only to be hated in the end. Time for Canada to care for Canada!!!!

[@Rishabh-Dev]

For India it could've been the worst deal ever. Kudos to Indian COP29 representative committee for rejecting this useless Deal. 🙏🏼

[@susanspitzer3758]

NO ,We do not want this garbage!!!!PERIOD!!!

[@sarahfern7128]

All we need to do us put a climate tax on all military industrial spending. A very minimal tax would generate sufficient funds. War and war preparedness causes the most pollution. I would hope that a secondary benefit would be a decrease in war and war machinery.

[@ronsanchez6992]

@sarahfern7128 The best deterant to war, is a strong, prepared military. Pax Americana.

[@whackamole4909]

get rid of carbon credits - "problem" goes away

[@susansauceda9879]

Funds for what? To plant trees? These are the same people pulling eminent domain on farms and Joshua trees because they need more electricity for data centers to spy on us.

[@VNtheOnly]

Corruption is going to go hard

[@alexandrawagner5963]

It's urgent. Small farmers work ecologically. They need money to install photovoltaic and plant agroforests to feed people and make ecosystems recover!

[@joemoore8047]

The climate hustle is over. Find a new one. Or better yet, get a productive job.

[@StanStanoi]

When disasters strikes one after the other every season , every year , they will know that it is expensive to wait for the richer countries to hand over money that will be stolen by the Politicians and cronies any way. Not DOING all that you can is NOT an option. KNOW the facts , cause and effect that has been accumulating.

[@RichardMcgee-ys6lp]

Praise for Amy Goodman and the entire team at DN for keeping us informed and for speaking the truth to power!

[@MrSevillian]

A breeze of fresh air to have and independent media outlet onsite.

[@ronsanchez6992]

@RichardMcgee-ys6lp yes great reporting, now if they didn't lean so damn far left 🙄

[@RichardMcgee-ys6lp]

Yes I do get that!

[@JohannesDavidsen]

Just use all that money on your country and develop less polluting energy. They won't do anything if you give it to them. 😂

[@StanStanoi]

Reward those who are doing things right and highlight those , so others will know , so as only good deeds and best intentions gets rewarded . Never give money to Corrupt Goverment agencies , unless they have done all that they- could have done or could do on their own.

[@alexandrawagner5963]

We aren't asking for a nice present to release their conscious. We ask for a recompense in time. All these accelerating climate causes are irreversible in its scale! So it must be organised as fast as possible in all sectors at the same time. It would have been better to have started to install sustainable societies 30-40 years ago.

[@brandonprendergast7806]

Oh boy i can't wait for more nothing to come out of this

[@9johnpaul]

Watched part of a question and answer session of a senate hearing on climate change. The hearing was in 2023. Senator John Kennedy asked a Dept. of Energy official how much the temp. would change if the U.S. spent $50,000,000,000 by the year 2050 to become carbon neutral. The guy hymed and hawed and finally said nauta. Shipping was excluded from the Paris accords. The fuel used by ships is known as bunker fuel or heavy fuel oil, the stuff that powers giant ships is literally the bottom of the barrel. It’s a thick sludge that has to be heated to 104 degrees Fahrenheit just to flow enough to be pumped. The exhaust it produces is filled with noxious chemicals. Recently I read that 100 tons equals 3,175 gallons of gas. A cruise ship (depending on size), can use between 150 -350 tons of fuel a day. There are 90,000 commercial ships of various sizes that can use up to 400 tons of fuel an hour. According to what I read, these 90,000 ships produce 260 times the nitrous oxide than what is produced by the 700,000,000 cars on the planet.

[@ronsanchez6992]

China still has status as a developing country, this is why they continue to build coal fired power plants as the world looks the other way. Hold them accountable, then maybe we can discuss "poor" countries.😮

[@Pottatow]

Out of the top ten most polluted rivers 8 are in China/India.

[@1.4billion65]

​@@Pottatowmost historical polluter is USA

[@1.4billion65]

According to American propaganda, China economy is collapsing!

[@joellis5915]

Fiona Harvey - Environmental editor - The Guardian, Who is qualified to talk about Climate Issues? She is just a reporter. Actually, A West propagandist outfits with a journalist’s cover up to blame China for the Climate disaster but left all the West Nations out of the hood, specifically the biggest Polluter the USA. What a Journalist she is? Question Mark all over her qualifications and biased opinions. This kind of West Journalist Protagonist shouldn’t ever be qualified to talk. When China is the only nation to curbing the climate Hardcore produced Mass Electricity Cars that Blocked importing from all the West nations, specifically the USA Taxes the Heavily Tariff on Electrical car imports. Further, China is the biggest exporting of Solar panels all over the world to curb the weather changes, but again, the debased and vile USA Blocking China's Exporting of Solar Panels that the US also, withdrew from Paris Agreement. and this so-called Award Winning Journalist Fiona Harvey has no mention about the US's working hard against Global's congregated effort to counter the Weather change? No wonder she won the prize by being a prime propagandist for the US's DIrtS. Amy Goodman knew about Fiona Harvey's stand but invited her to Bash China. Good Job Amy Goodman. as a "China Bashing" often in her reports. Harjeet Singh - Co-Founder, State Sampade Speaks the truth against the US's violation of Weather Pollution and Weather Changes.

[@Galgamek3000]

Consider geoengineering as the major effect of global climate deterioration.

[@rhetorical1488]

Dr evil demands one bazillion dollars.

[@ajaxon8071]

...by which it's meant Europe who only generates 7% of greenhouse gases would fund 70% of the costs... and of course the woke folk at the EU would go oh yes please...what about emerging nations like Brasil or Indonesia where logging enabled by corrupt governments and undertaken by international corporates are destroying the very environment that balances out some of this... shouldn't they pay for this?

[@anthonyr5869]

Racisms

[@Sesso20]

I am a bit vary of this - I know that compensation is due and the world and all of its countries need to be prepared, but I dont think that money is planted on trees here in europe. Our own governments are failing to invest in our future, in Germany, there is just so much stuff going on that needs financing, the governments is clashing over a few billions dollars every year, even taking on further debt for ukraine. I dont see us any time soon, spend more money for compensation. Its a shame though.

[@Wasssssup-3]

​@@Sesso20we are not other people's concern unfortunately, we did nothing ! the leaders and wealthy. Always greedy our countries get nothing , the government takes raises vat and taxes but they never come back down , I never trusted them ! We are all just a number unimportant, unworthy to them ,

[@andrewbailey9197]

What a sad state of affairs this world is in, truly sad.

[@virgilcain6139]

Extortion !!!!!!!!!!!!! ********************************************************************

[@websmink]

Delusional

[@thatsthejobbb8587]

ENOUGH OF THIS CASH GRAB!! THE WORKING CLASS CITIZENS OF THESE SO CALLED WEALTHY COUNTRIES HAVE HAD ENOUGH!!!!!

[@malatisaha9238]

Baku Azerbaijan is so particular about clean & clear policy that they have already killed stray animals.🤔😱😔 No mention of switching to plantbased foods,vegan living, food. Afterall meat& dairy products are the major reason for global warming, meltdown, climate crisis. Land which are use to feed livestock can instead be use for farming plants,grains & so on . This is cost effective & a solution not only towards climate crisis,but also shortage of food not to mention the same irradicates suffering/xploiation of nonhuman animals for food, clothing, experiments, profitability, religion in a big way . Instead of harping about finace how come these issues were not highlighted or was it i wonder . As usual our supposedly knowledgeable leaders are more into profitability & less interested in saving nature, saving earth , saving nonhuman animals. 🙆 Just wondering how many vegans actually participated in this. 🤔😱

[@murdoch3396]

They always hold it in a fossil fuel country because the whole COP is a giant scam.

[@davinxi5926]

Go after the biggest polluters

[@leolennox1209]

Go after the biggest producers of babies.

[@ronsanchez6992]

CHINA 🇨🇳

[@lorenrealname1326]

@@ronsanchez6992 I'm not sure how we're mentioning China without mentioning the USA. On its own, this seems like a recipe to shift manufacturing, not control pollution.

[@ronsanchez6992]

@lorenrealname1326 it's both, when manufacturers went to China for cheap labor,America began losing its middle class. Trump will give tax incentives for manufacturers to return to the USA 🇺🇸 As for pollution, Los Angeles is not Calcutta, there hasn't been a "smog alert" in years, ever since lead was removed from gasoline ⛽️

[@lorenrealname1326]

@@ronsanchez6992 While wages continue deflating and rich nonsense runs away with more markets? This will result in more severe vitamin deficiencies than jobs. Keep an eye on that smog, it'll be the only weather you get when he re-gags the EPA and privatizes NOAA.

[@flutieflambert]

Why should any climate destruction profiteer be allowed to keep any of their profits? Why should they be allowed to socialize their expenses? The victims of climate destruction should be allowed to own and operate the industries that destroy them for profit and those climate catastrophe victims should subsume all fossil fuel profits to pay for the transition to cleaner energy.

[@rocke7398]

How about that Tsonga volcano?

[@thatsthejobbb8587]

That's put Australias seasons out of whack for two years!! I suppose we can fix it through taxes.......

[@UsoaliifTaamu]

The end is almost here .we need some things then nothing ...

[@swatisharma9006]

On the other end of the “process” of climate initiative implementation- let’s for a moment assume the funding is allocated as asked for, now - (1) Is it right assumption that a thorough fraud proof plan to make sure the funds granted are put to use for the purpose- are their detailed plans with transparency and accountability on implementation and delivery? (2) Government-Corporation alliance that creates and implements projects that are not environment friendly and the public that is consumer of such market of things example automobile that runs on fossil fuels- they would essentially have to transition- is it fair to assume that the organizations receiving the funds have the power to direct the transition? (3) Is there transparency on alternatives and their carbon footprint 👣 example Electric Vehicles that depends on increased mining and would generate more toxic battery waste (not sure on scientific validation though but seems right) - are these alternatives discussed and science based findings and facts made available to the public? Guess it is a concern that even if the hurdle of funding is crossed- do we have a foolproof plan and accountability matrix for an effective and meaningful action on climate change. I have my doubts, but an uneducated guess for sure.

[@jmparsons7331]

To answer your question: NOPE🙅🏽‍♀️

[@neilg6675]

What are they going to do with it that helps? The money would be better spent either converting major industrial nations to renewables, therefore helping actually reduce the threat, or creating a state somewhere that's high enough above sea level and safe, to be the contingency plan when these islands inevitably disappear. Just sounds like nonsense to me.

[@Wasssssup-3]

Off the biggest providers of oil , oh look it's another puppet

[@sixvee5147]

You can demand all you want. Good luck on collecting. 🤣🤣🤣

[@peterpohle9355]

Who's giving up 300 billion? What countries?

[@Inna-ih7nv]

cost of worldwide surveillance and control contracts

[@MidnightMoses-ow1ul]

This is crazy woke has gone to far am out

[@rocke7398]

Any idea the contribution to greenhouse gases from sea mounts? Nope, ya have no clue.

[@epilepticwelder]

what a p3d0 scapegoat loophole deflection

[@mercedesruiz3356]

El cambio climático lo tenemos ya aquí. Y creo que no se puede hacer nada para revertirlo. Allí donde se necesita más ayuda es donde van a sentir más las consecuencias. No van a dar dinero ni a contribuir en nada. Ni van a invertir en ese sentido, sino es un negocio. La pobreza, no es noticia, no interesa, no vende. Y es bueno estar informado, hemos creado una vida, que no es buena para nadie, todo es excesivo. En un comentario decían, porque hacen estos actos donde hay petróleo y yo pienso que es por eso precisamente. Si hay periodistas de investigación presos, es por este motivo. Cuantos activistas, en zonas alejadas, por defender su tierra son asesinados? Gracias por la información. Mi nieto dice, yaya tu sabes lo que estás respirando?.... Me explico su trabajo de instituto y no se si ponerme mascarilla doble.... Gracias!

[@semoncho]

We got off to a "good start" with this video, mixing apples with sausages, i.e. climate change and the genocide in Gaza. Although I care a lot about both issues, there is no connection between them. To shoehorn what's happening in Gaza into the climate issue does little to solve either problem.

[@xieccs]

Why you have 2 guests and one is speaking and the other is silent 😅

[@StateOfPurgatory]

Antonio talks

[@bryaneasterdaysr2223]

What a joke

[@Pottatow]

A trillion dollars a year!?! Yeah you can start holding your breath.

[@HeavyMetal45]

Lol we ain’t payin a dime 🇺🇸

[@Brent-z2s]

Everyone ride motorcycles and remodel old buildings.

[@ramstrong1961]

Sargon of Akkad: The Maori Protest (NZ)

[@liamlynch2115]

lol extortion based on bs

[@kappa82]

lol comedy fest over there...keep dreaming if you think anyone gona pay

[@ياللهفرجها-ظ5ف]

My appeal to every Muslim, my brother or sister, the owner of the channel, I know that it is not my right to comment on your channel, but God is my witness that our circumstances are harsh and forced me to do this. Please forgive me. My brother, there is still a brotherhood of faith. I asked you for a bag of flour. My brother, we women cannot go out among men. There is still a woman with you. My brother, God has honored you. You are men. We are women. We cannot go out or work like you. My brother, where is the brotherhood of faith in your hearts? We are women. There is no brotherhood, no mercy, no compassion, no humanity. And give good tidings to the patient. It is the greatest hope while waiting for what we want. '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' How many times I called and talked and tried hard, but no one responded. Oh man, we are with you. My mother ordered us food from the restaurant. More and today. My mother left. Crying. She said, Why are you crying, my mother? She said, My daughter, I ask. God, that I may be honored by death. She said, Why, my mother. She cursed us. She said, "My daughter, today the restaurant owner insulted me. I said, 'Why?' I said, 'How can I be better than people?' I ask God, my daughter. May God gather me. With death alone, a gathering that is better than this humiliation and this humiliation. It is true. I am saying this. It diminishes my value and respect. But, man. I swear to God that I did not say this. I kiss your boots. I am so hungry that my conscience no longer allows me to let you go and ask us for food. I kiss your boots, man, and I ask you by God Almighty and in the Book of God, man, I kiss your boots, man. He has caused us harm, my brother, so that we can buy a kilo of flour and pay the rent. My brother, have mercy on us. He who is in the show will have mercy on you, He who is in the sky. My brother, this is my WhatsApp number: 00967783731160. Whoever can help us, message me on WhatsApp. We will send him the full name. He will transfer us as much as he can. May Allah reward you. Allah knows that my family and I, our house rent is 15 thousand Yemeni riyals per month, and now we owe 45 thousand for 3 months. The owner of the house is one of those people who do not have mercy. By Allah, my brother, he comes every day and humiliates us and talks about us and wants to throw us out of the house and into the street because we were unable to pay him the rent. We will have until the end of the week, and if we pay him, he will swear by Allah that he will throw us out into the street without mercy. See my situation for yourselves. I ask you by Allah, the Living, the Eternal, to help me. By Allah, the Almighty, even at night we cannot sleep from fear. We do not have mattresses or blankets to warm ourselves from the cold. Everything is flooded from the rain, and we have no one but Allah and then you. My brothers, I kiss your boots, don’t turn me away empty-handed. Help us with whatever you can. Is it acceptable to you that we live in this place? We are girls and we have no one. Our father died in a car accident. Consider us your daughters and your honor, and help me with whatever you can. May God reward you with good =>[[}>] ^][/*&;;&;&&;•̥·-`.`.`.`.`.•.,¸-•.,¸°꒰·̮ •̥·°`.`.`… nn…...............l ...... ……… .j… ,,,……… ..i. .......l,.. ,..............jl. .. ,,,,,,,,,,, .....,,,........,,,,,s...........,..,., bb

[@Chipwipple]

Please elaborate

[@Jdigger4130]

no thank you. But thank you for considering

[@RogerRabbit-b6q]

Its nice that you can still afford a computer and the internet though 😂😂

[@Chipwipple]

Please elaborate

[@nevilledawson3218]

Looks if COP has copped it😊

[@jeanneparadise8200]

What about axis tilting?

[@ArleeStarr]

The "axis of evil" is tilting towards world fascism.

[@anteep4900]

aaaaahaha, 1 trillion? dont think so

[@rachaelgraham8963]

The woman with the blonde helmet is clearly a time traveling genius and I beg humanity to listen to her

[@EmilLazade-x7m]

USA is the biggest petro state which is not dealing with enviroment / climate !!

[@epilepticwelder]

we will find zee money, mwa hahaha🤡👺👹

[@anthonyr5869]

lol 😂

[@dustin2269]

😂😂😂

[@thaynetuason]

Money cannot solve people's rampant desires that are out of control. Just stay at home, don't have children, don't buy anything, grow your own vegetables and weave capes from cedar bark to wear when it rains. Huddle together to keep warm.