There can be no fair climate transition when multinational interests determine decisions

AKEL on the UN Climate Conference – COP30:

 

11 November 2025, AKEL C.C. Press Office, Nicosia

The start of the UN Climate Change Conference (COP30) in Brazil finds humanity at a critical juncture. The scientific evidence concerning the climate crisis is overwhelming, but the political will of the world’s powerful states remains tragically inadequate. The commitments made after the Paris Agreement are not enough to limit the temperature increase to 1.5°C, nor to protect the most vulnerable countries and societies from the consequences of the climate crisis.

The key issue at COP30 is whether the international community will move from words to deeds, with the approval of binding targets for 2035 and the allocation of substantial funding for developing countries. There can be no just climate transition when the interests of energy and fossil fuel multinational companies dictate decisions.

AKEL stresses that the green transition cannot be carried out at the expense of the people, nor can it be turned into a new arena of profit speculation to serve powerful economic interests. A radical change of course is needed, with public planning and control of energy and investments that must serve the needs of the people and not the profits of the privileged few.

Cyprus, as a country particularly vulnerable to the impacts stemming from climate change, must support a just, ambitious, and the adoption of a binding agreement in Brazil. The future of the future generations cannot be subordinated to the logic of “business as usual.”