HOME Alliance – Resources
HOME Alliance – Resources
Press Release: At COP29 Threat of Carbon Markets Looms Large
*Gives Geoengineering A Path To Enter*
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Press Release
At COP29 Threat of Carbon Markets Looms Large
*Gives Geoengineering A Path To Enter*
20 November, 2024
Baku, Azerbaijan
As COP29 negotiations enter the final stages, Indigenous Peoples, civil society and climate justice groups are outraged at how carbon markets are being touted as a solution to the climate crisis. Carbon markets are false solutions that distract from real emission cuts, violate the rights of Indigenous Peoples, local communities, and give more power to corporations.
Tom Goldtooth, Indigenous Environmental Network (IEN) said, “COP29 aims to finalize Article 6 carbon markets by the end of the week. If this happens marine and terrestrial geoengineering is at risk of being included as removals as carbon offsets in Article 6 of the Paris Agreement. This is a false solution and a violation of the sacred and will feed the black snake of the fossil fuel industry.”
“Shockingly, COP29 is set to agree to carbon markets that are even worse than the voluntary carbon markets. We know these markets have failed. They are riddled with fraud and they do not reduce emissions or provide finance. Communities everywhere and in fact the planet itself is on the line,” added Kirtana Chandrasekaran, Friends of the Earth International.
The decision by countries last week to rush ahead with Article 6.2 and 6.4 of the Paris Agreement to push through the carbon removals document without a government driven negotiation process, opens the floodgates for false solutions like dangerous marine and land- geoengineering projects. Carbon markets will facilitate the commercial roll-out of geoengineering projects.
Linda Schneider, Heinrich Böll Foundation highlighted, “What was praised as progress on the first day of COP really was a huge setback for the climate: the greenlighting of carbon markets. We are expecting governments to exclude dangerous geoengineering options from already flawed carbon markets. There is a great risk that dangerous geoengineering proposals for removing carbon dioxide from the atmosphere will be facilitated through these carbon trading schemes.”
Geoengineering, like other false solutions, does not address the root causes of the climate crisis and relies on techno-fixes that are risky, speculative and likely to introduce grave new environmental and social threats, which will only worsen the climate chaos.
Coraina de la Plaza, Hands Off Mother Earth! (HOME) Alliance said, “The last decades have shown carbon markets are not only a false solution to the climate crisis but also perpetuate the extractive colonial model of development and human rights violations. Geoengineering is being given an entryway at COP29, which is extremely alarming. Geoengineering is a dangerous distraction which will undermine real climate action, impact the planet and people, and continue to let big polluters off the hook.”
Just two weeks ago, the Convention on Biological Diversity (CBD) COP16 made a decision to reinforce the precautionary approach to geoengineering and reaffirmed the call for a global moratorium on geoengineering. The decisions made at UNFCCC COP29 could undermine precaution on geoengineering called for by the biodiversity convention, which is a sister convention and this, and there should be coherence between both of them.
—ENDS—
Additional Resources
- Photo Bank for Media here
- Press release: Disastrous Start to COP29 As Countries Bulldoze Ahead with Carbon Markets Paving Way for Risky Geoengineering Technofixes
- UN climate talks could undermine precaution on geoengineering called for by the biodiversity convention
- Article 6 is not about saving the planet. The COPs are not about climate change. This is about profit
- Climate justice groups condemn COP29’s carbon markets decision setting the tone for corporate profits to prevail people’s interests
About Hands Off Mother Earth! (HOME) Alliance
The Hands Off Mother Earth! (HOME) Alliance is a driving force in the fight against the growing threat of large-scale technological manipulation of the climate and biodiversity: geoengineering. We are an international civil society network of close to 200 organizations from over 45 different countries, from the Global South and the Global North. HOME was first launched as a global campaign in April 2010 at The World People’s Conference on Climate Change and the Rights of Mother Earth in Cochabamba, Bolivia. In October 2018 we released the HOME Manifesto denouncing geoengineering with a demand for an immediate stop to all open-air experiments.
Follow us: Website| X | LinkedIn | YouTube
For media enquiries please contact
Neha Gupta, Communications Coordinator
Press Release
At COP29 Threat of Carbon Markets Looms Large
*Gives Geoengineering A Path To Enter*
20 November, 2024
Baku, Azerbaijan
As COP29 negotiations enter the final stages, Indigenous Peoples, civil society and climate justice groups are outraged at how carbon markets are being touted as a solution to the climate crisis. Carbon markets are false solutions that distract from real emission cuts, violate the rights of Indigenous Peoples, local communities, and give more power to corporations.
Tom Goldtooth, Indigenous Environmental Network (IEN) said, “COP29 aims to finalize Article 6 carbon markets by the end of the week. If this happens marine and terrestrial geoengineering is at risk of being included as removals as carbon offsets in Article 6 of the Paris Agreement. This is a false solution and a violation of the sacred and will feed the black snake of the fossil fuel industry.”
“Shockingly, COP29 is set to agree to carbon markets that are even worse than the voluntary carbon markets. We know these markets have failed. They are riddled with fraud and they do not reduce emissions or provide finance. Communities everywhere and in fact the planet itself is on the line,” added Kirtana Chandrasekaran, Friends of the Earth International.
The decision by countries last week to rush ahead with Article 6.2 and 6.4 of the Paris Agreement to push through the carbon removals document without a government driven negotiation process, opens the floodgates for false solutions like dangerous marine and land- geoengineering projects. Carbon markets will facilitate the commercial roll-out of geoengineering projects.
Linda Schneider, Heinrich Böll Foundation highlighted, “What was praised as progress on the first day of COP really was a huge setback for the climate: the greenlighting of carbon markets. We are expecting governments to exclude dangerous geoengineering options from already flawed carbon markets. There is a great risk that dangerous geoengineering proposals for removing carbon dioxide from the atmosphere will be facilitated through these carbon trading schemes.”
Geoengineering, like other false solutions, does not address the root causes of the climate crisis and relies on techno-fixes that are risky, speculative and likely to introduce grave new environmental and social threats, which will only worsen the climate chaos.
Coraina de la Plaza, Hands Off Mother Earth! (HOME) Alliance said, “The last decades have shown carbon markets are not only a false solution to the climate crisis but also perpetuate the extractive colonial model of development and human rights violations. Geoengineering is being given an entryway at COP29, which is extremely alarming. Geoengineering is a dangerous distraction which will undermine real climate action, impact the planet and people, and continue to let big polluters off the hook.”
Just two weeks ago, the Convention on Biological Diversity (CBD) COP16 made a decision to reinforce the precautionary approach to geoengineering and reaffirmed the call for a global moratorium on geoengineering. The decisions made at UNFCCC COP29 could undermine precaution on geoengineering called for by the biodiversity convention, which is a sister convention and this, and there should be coherence between both of them.
—ENDS—
Additional Resources
- Photo Bank for Media here
- Press release: Disastrous Start to COP29 As Countries Bulldoze Ahead with Carbon Markets Paving Way for Risky Geoengineering Technofixes
- UN climate talks could undermine precaution on geoengineering called for by the biodiversity convention
- Article 6 is not about saving the planet. The COPs are not about climate change. This is about profit
- Climate justice groups condemn COP29’s carbon markets decision setting the tone for corporate profits to prevail people’s interests
About Hands Off Mother Earth! (HOME) Alliance
The Hands Off Mother Earth! (HOME) Alliance is a driving force in the fight against the growing threat of large-scale technological manipulation of the climate and biodiversity: geoengineering. We are an international civil society network of close to 200 organizations from over 45 different countries, from the Global South and the Global North. HOME was first launched as a global campaign in April 2010 at The World People’s Conference on Climate Change and the Rights of Mother Earth in Cochabamba, Bolivia. In October 2018 we released the HOME Manifesto denouncing geoengineering with a demand for an immediate stop to all open-air experiments.
Follow us: Website| X | LinkedIn | YouTube
For media enquiries please contact
Neha Gupta, Communications Coordinator
