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COP29: Campaigners ask Shell and BP for 'spare change for climate change'

11 November 2024
UK - Westminster - Climate finance stunt - November 2024 - 3

Communities on the frontline of the climate crisis are facing unaffordable bills, while fossil fuel companies reap huge profits.

A group of campaigners dressed as mock charity fundraisers have visited Shell and BP's London offices to urge them to donate any "Spare change for climate change".

The group of nearly 30 campaigners from groups including CAFOD and Christian Aid went to the fossil fuel companies’ offices wearing yellow tabards and carried buckets and donation jars.

Campaigners from Christian Climate Action, Green Christian and Operation Noah also joined the stunt.

The stunt took place ahead of the start of COP29 on Monday 11 November. The UN climate conference will take place in Baku, Azerbaijan.

Leaders negotiate new climate cash deal at COP29

Governments at COP29 will negotiate an agreement on how to provide greater financial support to communities around the world hardest hit by the climate crisis – funding known as 'international climate finance'.

Campaigners argue that governments must tax major polluters such as fossil fuel companies to raise further money to fund the climate finance pot. This will ensure low-income countries have the resources needed to prepare for climate disasters and rebuild after emergencies.

Fossil fuel companies 'must pick up climate bill'

Liam Finn, Campaigns Manager at Catholic aid agency CAFOD, said:

“The climate crisis is hitting people around the world that have done least to cause it. Meanwhile, fossil fuel companies are reaping huge profits from driving the crisis.

“World leaders at COP29 must commit to providing those who are bearing the brunt of the climate emergency with the funding they need to cope – and fossil fuel companies must help to pick up the bill.”

Andii Bowsher, Green Christian Trustee, said:

"The Bible encourages us to work towards situations where those who do social wrongs pay back fourfold what they have taken from the most poor and vulnerable.

“Asking oil companies for their spare change is the very least. They should, of course, be major donors funding the repair and making better of the climate damages already underway as well as resources to stop the worst scenarios of the future."

UK - Westminster - Climate finance stunt - Photo for COP29 outcomes story.jpg

What happened at COP29?

The COP29 talks in Azerbaijan ended with a weak deal to provide low-income countries with money to tackle the climate crisis.

Governments at the summit agreed to increase the amount of money countries hardest hit by the crisis will receive to $300bn a year.

But the agreement will not provide enough money for affected countries to prepare for climate disasters and rebuild after emergencies.