³Ô¹ÏÍøÕ¾

Labor’s $50 million pledge to the Loss & Damage Fund is a start, but new coal and gas must end

Australian Greens

Senator Mehreen Faruqi, Deputy Leader of the Australian Greens and Spokesperson for International Aid and Global Justice, has responded to Labor’s announcement at COP29 of a $50 million contribution for loss and damage from climate change.

As stated by Senator Mehreen Faruqi:

“Finally, after years of pressure since the Loss and Damage Fund was agreed to, Labor has pledged $50 million towards it.This is a start but nowhere near the fair share for a country which is one of the largest exporters of coal and gas.

“This pledge risks becoming a token gesture if the Albanese government continues to approve new coal and gas mines that will keep exacerbating climate driven disasters which results in the loss and damage suffered by the Global South.

“The climate crisis is having a severe impact on Pacific nations who did nothing to create this disaster, yet bear the burden of the damage caused. Pacific nations need real and strong action from countries like Australia – that means ending new coal and gas, not pouring fuel on fire by opening the floodgates for fossil fuel projects.”

/Public Release. View in full .