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<!DOCTYPE html><html lang="en"><head><script>(function(w,d,s,l,i){w[l] = w[l] || [];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-PSMT33J');</script><script async="" src="https://www.googleoptimize.com/optimize.js?id=OPT-MPD98VM"></script><link href="https://assets.democracynow.org" rel="dns-prefetch" /><link href="https://publish.dvlabs.com" rel="dns-prefetch" /><title>“Trillions, Not Billions”: Climate Activists Protest as COP29 Closes in on a “Bad Deal” | Democracy Now!</title><link rel="stylesheet" media="all" href="https://assets.democracynow.org/assets/application-5902147e10f419d9777cd809fd43aa4ec952d14f01058dec76ee80f7b1d617b3.css" /><link rel="preload" href="https://assets.democracynow.org/assets/TiemposHeadline-Semibold-f9885381bdafb158ec55155da1c9c8e1bf9b3bfa3de5376c9bf7aeaeedc19fd1.woff" as="font" type="font/woff" crossorigin="anonymous"><link rel="preload" href="https://assets.democracynow.org/assets/TiemposHeadline-Regular-ceb7edf25351ae78252efb3ab84630eb2ee84006522ff7b497c741ecdf3df821.woff" as="font" type="font/woff" crossorigin="anonymous"><script src="https://assets.democracynow.org/assets/application-c1ecd01ba7a7255ede733398deae8069e3500ee46d48b5e0d5cae92ccde3e3a1.js" async="async"></script><script>(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-57393677-1', { 'cookieDomain': 'democracynow.org' }); ga('send', 'pageview');</script><script>var clicky_site_ids = clicky_site_ids || []; clicky_site_ids.push(236902); (function() { var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = '//static.getclicky.com/js'; ( document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0] ).appendChild( s ); })();</script><meta content="Climate Activists Protest as COP29 Closes in on a “Bad Deal”" property="og:title" /><meta content="On the final official day of COP29 in Baku, Azerbaijan, it is still unclear if this year’s United Nations climate summit will lead to an agreement before the end of the official conference or if talks will extend into the weekend. The COP29 presidency has released a draft text that calls for a $1.3 trillion in annual climate financing by 2035, but it only obligates rich countries to provide $250 billion of that total. Climate justice activists and members of civil society who held a protest at COP29 on Friday say that amount falls far short of what’s needed, demanding “trillions, not billions.” Democracy Now! was there." property="og:description" /><meta content="https://www.democracynow.org/images/story/17/74717/full_hd/seg1-protest.jpg" property="og:image" /><meta content="article" property="og:type" /><meta content="https://www.democracynow.org/2024/11/22/protest_cop29_deal" property="og:url" /><meta content="Democracy Now!" property="og:site_name" /><meta content="summary_large_image" name="twitter:card" /><meta content="@democracynow" name="twitter:site" /><link href="/search/opensearch.xml" rel="search" title="Democracy Now! 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The COP29 presidency has released a draft text that calls for a $1.3 trillion in annual climate financing by 2035, but it only obligates rich countries to provide $250 billion of that total. Climate justice activists and members of civil society who held a protest at COP29 on Friday say that amount falls far short of what’s needed, demanding “trillions, not billions.” Democracy Now! was there.","thumbnailUrl":"https://www.democracynow.org/images/story/17/74717/full_hd/seg1-protest.jpg","uploadDate":"2024-11-22T08:00:00-05:00","contentUrl":"https://democracynow.cachefly.net/democracynow/360/dn2024-1122.mp4?start=716.0\u0026end=1061.0"}}</script></head><body class="stories_controller show_action"><noscript> <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-PSMT33J" height="0" width="0" style="display:none;visibility:hidden"></iframe> </noscript><div class="body_wrapper"><div data-campaign-code="ye-20241126-spl" data-donation-experiment="" data-url="https://www.democracynow.org/donate" id="campaign_modal"><div id="campaign_modal_wrapper"><div class="campaign_modal_content"><a href="javascript:void(0)" id="continue_to_site"><img src="https://assets.democracynow.org/assets/icons/modal-close-5ec5cd072a7d7752e6073e5c8761274c67b9287aecead27a7e72cc2f30753d1f.png" /></a><div class="configurable_content"><div class="hidden-xs"><h1>Hi there,</h1> <p>As the future of democracy in the United States hangs in the balance, the need for courageous independent media is more important than ever. 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Please do your part today.</div><a class="donate button_blue" data-ga-action="Story: Donate" href="/donate">Donate</a></div><div class="text"><p>On the final official day of COP29 in Baku, Azerbaijan, it is still unclear if this year’s United Nations climate summit will lead to an agreement before the end of the official conference or if talks will extend into the weekend. The COP29 presidency has released a draft text that calls for a $1.3 trillion in annual climate financing by 2035, but it only obligates rich countries to provide $250 billion of that total. Climate justice activists and members of civil society who held a protest at COP29 on Friday say that amount falls far short of what’s needed, demanding “trillions, not billions.” <em>Democracy Now!</em> was there.</p></div><hr class="hidden-xs" /></div><div class="donate_banner hidden-sm hidden-md hidden-lg"><div class="prompt">This is viewer supported news. Please do your part today.</div><a class="donate button_blue" data-ga-action="Story: Donate" href="/donate">Donate</a></div><div class="related_story visible-xs"><h4>Related Story</h4><img loading="lazy" data-src="https://assets.democracynow.org/assets/icons/video_square-b2d9809b2d8e28a669aec9b9b6ca59ee3dd8813834e8b7151c783b16a503c3f4.png" class="play lazyload" src="" /><span class="label">Story</span><span class="date">Nov 21, 2024</span><a data-ga-action="Story: Recommended" href="/2024/11/21/cop_29_finance_agreement_harjeet_singh">“They’re Expanding Fossil Fuels”: Indian Activist Harjeet Singh on Rich Countries’ Hypocrisy at COP29</a></div><div class="related_content visible-xs"><div class="mobile_anchor_target" id="topics_sm_screen"><h5>Topics</h5><ul><li><a data-ga-action="Story: Topic" href="/topics/cop29_climate_summit">COP29 Climate Summit</a><div class="visible-xs-inline-block"><span class="bullet"></span></div></li><li><a data-ga-action="Story: Topic" href="/topics/climate_change">Climate Crisis</a><div class="visible-xs-inline-block"><span class="bullet"></span></div></li><li><a data-ga-action="Story: Topic" href="/topics/fossil_fuel_divestment">Fossil Fuel Divestment</a><div class="visible-xs-inline-block"><span class="bullet"></span></div></li></ul></div></div><div class="mobile_anchor_target" id="transcript"><h5 class="transcript">Transcript</h5><div class="grey_description fine_print">This is a rush transcript. Copy may not be in its final form.</div><div class="text"><p><strong><span class="caps">AMY</span> <span class="caps">GOODMAN</span>:</strong> We’re broadcasting from the U.N. climate summit in Baku, Azerbaijan. Today, Friday, is the final official day of COP29, but it’s unclear if a final deal will be agreed upon by the deadline. Negotiations are expected to extend into the weekend.</p> <p>Climate justice activists are outraged at how little money is being offered here at this, what’s called the finance <span class="caps">COP</span>, by the most polluting nations to the most severely affected by climate change. Azerbaijan’s delegation to the COP29 United Nations climate summit has released the latest draft of a climate financing deal, calling for the delivery of $1.3 trillion per year by 2035. But the text only calls on wealthier nations, more polluting countries, to pay $250 billion per year to poorer nations bearing the brunt of the crisis. The group War on Want called the latest draft an “insult,” adding it’s, quote, “nowhere near the public, grant-based climate finance the planet and people urgently need,” unquote.</p> <p>As the talks continue, we begin our coverage with climate justice activists and members of civil society who held a protest here calling for rich nations to pay up for climate finance. It was just before we went to broadcast. <em>Democracy Now!</em> was there.</p> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> We are not demanding aid. We are not demanding charity. We are here to demand justice. And this justice comes through climate finance. How much do we want, comrades?</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Trillions, not billions! Trillions, not billions!</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> My friends, the text that they are talking about is clearly lacking in the demands of the Global South. And now to tell us further about the intersection of the climate crisis and the effects of the ongoing war and genocide all over the world, let me call on our comrade Haneen.</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Build the loss and damage fund now! Build the loss and damage fund now!</p> </blockquote> <blockquote> <p><strong><span class="caps">HANEEN</span> <span class="caps">SHAHEEN</span>:</strong> Now it’s only our fair share of equity. It’s our fair share of equality. This is what we are asking for. This is what we want. Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">HANEEN</span> <span class="caps">SHAHEEN</span>:</strong> Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">HANEEN</span> <span class="caps">SHAHEEN</span>:</strong> Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Pay up now!</p> </blockquote> <blockquote> <p><strong><span class="caps">HANEEN</span> <span class="caps">SHAHEEN</span>:</strong> It’s our money. You’ve been taking it for so long, hundreds of years, hundreds of years taking our resources, hundreds of years taking our land, occupying us, mixing wars with all your development, mixing war with private businesses. And you don’t want us to get our money back. Give us our land back. Give us our share.</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> I call in now Collin from <span class="caps">OCI</span>.</p> </blockquote> <blockquote> <p><strong><span class="caps">COLLIN</span> <span class="caps">REES</span>:</strong> Pay up! Pay up!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Pay up for climate finance! Pay up! Pay up! Pay up for climate finance! Pay up! Pay up!</p> </blockquote> <blockquote> <p><strong><span class="caps">COLLIN</span> <span class="caps">REES</span>:</strong> We are here to demand trillions of dollars of public finance. This is not charity. This is a debt, an obligation that the Global North owes to the Global South. It is a legal obligation, and we will not stop fighting until that obligation is met. We are demanding that this finance be public and high quality. This finance must be based on grants and grant-based equivalents, not on loans, not on things that further in-debt the Global South and continue this dangerous, deadly cycle. This finance must be high quality. It must also not be from the private sector, because the private sector are the ones who have helped to drive this climate crisis, who have helped get us into this mess. We cannot rely on the same corporations, on the same rapacious banks who have driven the climate crisis, who are driven by profit, not by human rights and by justice.</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> What we are asking for is not unreasonable. They pour money into the fossil fuel industry. We know where the money is. We know where financing lies. And now to discuss further, I call on our comrade Rimsha.</p> </blockquote> <blockquote> <p><strong><span class="caps">RIMSHA</span> <span class="caps">REHAN</span>:</strong> No more debt! No more loans! No more false solutions!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> No more debt! No more loans! No more false solutions!</p> </blockquote> <blockquote> <p><strong><span class="caps">RIMSHA</span> <span class="caps">REHAN</span>:</strong> My dear friends, I come here from a country where there is a lockdown going on. It’s not <span class="caps">COVID</span> anymore, but my children, my women and my youth are having a lockdown because of the air pollution that has been caused. And who is financing this climate crisis? It’s all the Global North countries who are financing this. And we are still begging them for more loans to support our economic growth. They owe us. We don’t owe them. They owe us!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> They owe us! We don’t owe them! They owe us! We don’t owe them!</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> We’ve been told to keep it down, as if we aren’t being piped down enough. Are we being loud?</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> No!</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> Are we being loud enough?</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> No!</p> </blockquote> <blockquote> <p><strong><span class="caps">ARNOLD</span> <span class="caps">JASON</span> <span class="caps">DEL</span> <span class="caps">ROSARIO</span>:</strong> Maybe we can give it one more chant, my comrades. Trillions, not billions!</p> </blockquote> <blockquote> <p><strong><span class="caps">PROTESTERS</span>:</strong> Trillions, not billions! Trillions, not billions! Trillions, not billions! Trillions, not billions!</p> </blockquote> <p><strong><span class="caps">AMY</span> <span class="caps">GOODMAN</span>:</strong> Just a few of the voices calling for rich nations to pay up for climate finance, here at COP29.</p></div><div class="fine_print grey_description">The original content of this program is licensed under a <a href="http://creativecommons.org/licenses/by-nc-nd/3.0/us/">Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License</a>. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. 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