Korea to Launch Climate Transparency Alliance at COP29
Korea to Launch Climate Transparency Alliance at COP29

Korea to Launch Climate Transparency Alliance at COP29

News summary

Indonesia's senior advisor on strategic economic affairs reflects on the country's reliance on coal-fired power plants, warning that neglecting environmental concerns has led to severe air pollution, which costs the economy $74 billion annually and results in thousands of deaths. The experience underscores the need to abandon the 'grow now, clean later' mindset, advocating for integrated governance that balances climate, pollution, and economic development. At the upcoming COP29, South Korea's Ministry of Environment plans to launch the Korea Climate Transparency Alliance to enhance the capacity of developing economies in tackling climate change. The recent US presidential election, which saw Donald Trump's return, raises questions about its implications for international relations, particularly regarding conflicts in Ukraine and Gaza, as well as the role of emerging powers in the Global South. Scholars emphasize the need to reevaluate geopolitical dynamics as the Global South gains influence, particularly through platforms like BRICS and G20. The Finite Futures Lecture series concludes with a discourse on the potential for ecological collapse and the importance of socio-technical innovations from the Global South in addressing these challenges.

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