Carlos de Miguel Perales

Carlos de Miguel Perales

Carlos de Miguel Perales
Cargo

Lawyer and Professor of Civil and Environmental Law at ICADE Law School (Universidad Pontificia Comillas)

COP29 agrees rich countries to provide $300 billion to poorer countries for climate finance

In the early hours of the morning, after more than two weeks of negotiations and on the verge of collapse, participants at COP29 in Baku (Azerbaijan) reached an agreement to set the new climate finance target. In the end, at least 300 billion dollars a year will be contributed by rich countries to the least developed countries until 2035, within a broader global commitment of up to 1.3 trillion dollars directed at these same countries. The renewal of this target was part of the Paris Agreement and will enable governments to support developing countries in their climate action on adaptation, mitigation and damage from the climate crisis. The previous target - set at the Copenhagen Summit in 2009 - was $100 billion per year.

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What to expect from the Baku Climate Summit

Next Monday sees the start of COP29 in Baku, the capital of Azerbaijan, a summit marked by Donald Trump's victory as president of the United States on Tuesday. His denial of climate change and his commitment to fossil fuels during his previous term in office will weigh down a meeting from which no major agreements are expected and from which experts are calling for greater ambition. 

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Reactions: COP28 approves "transition away from fossil fuels" in Global Stocktake

After an intense night of negotiations in Dubai (United Arab Emirates), the countries participating in COP28 reached a historic agreement by mentioning for the first time "moving away from fossil fuels" in the Global Stocktake document - the assessment of progress made towards achieving the climate goals set out in the Paris Agreement. The agreement comes after the first draft presented by the presidency did not make this mention - it referred only to "reducing consumption and production" of these fuels - which was described as "unacceptable" by countries such as Spain.

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Reactions: scientists warn of the critical state of Doñana in the face of the proposed law on the extension of irrigation systems

The Participation Council of Doñana has analysed this Monday in an extraordinary meeting the bill presented in the Andalusian Parliament that aims to extend the legal irrigation in the area. The Andalusian Government maintains its support for the new regulation, which will begin its parliamentary debate tomorrow, Wednesday, with the proposal to take the bill into consideration. For his part, the director of the Doñana Biological Station, Eloy Revilla, in his speech to the Council warned of the general deterioration of the lagoon system and pointed out that "the current exploitation of the aquifer is not sustainable". "Spain has been condemned by the European Court of Justice for failing to comply with its obligations under the Water Framework Directive and the Habitat Directive," he said. The Ministry for Ecological Transition has warned that it will take the law to the Constitutional Court.

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Reactions to the loss and damage fund and other agreements reached at COP27

After two long weeks of negotiations and outside the official deadline, COP27 has reached an agreement to create a loss and damage fund to help the most vulnerable countries face the impacts of the climate crisis. However, other issues such as greater ambition in mitigation strategies to avoid exceeding 1.5ºC of warming and less dependence on fossil fuels have not achieved the commitment of all parties. 

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