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Oil lobby versus public opinion – this will decide the future

Only decarbonisation can avert a climate catastrophe but entrenched interests stand in the way.

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COP29 pulled off a win as developed countries agreed to raise US$300 billion a year by 2035 to help poorer nations cope with the impacts of climate change.

COP29 pulled off a win as developed countries agreed to raise $403 billion a year by 2035 to help poorer nations cope with the impacts of climate change.

PHOTO: REUTERS

Vinod Thomas

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Each year, the United Nations holds its Conference of the Parties (COP) on climate change and, each year, instead of seeing a fall in greenhouse gas emissions, we see them rise.

It is vital that COP30, which will be held in Belem, Brazil, in November 2025, reverse this dismal trend.

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