Aruna Chandrasekhar
arunacsekhar.bsky.social
Aruna Chandrasekhar
@arunacsekhar.bsky.social
Climate journalist, Carbon Brief. Interested in energy, climate, land, food, politics, rights, critters, culture. Recovering Twitter junkie. “Sekhar” as in “shaker”.📍Mumbai, India. Views, jokes = own.
And if you're still feeling the FOMO, can I just say watching on livestream really throws up some epic moments?

Here's the outgoing COP29 prez - charged with managing fraught finance negotations at Baku - watching as the Brazilians just breezed through without an agenda fight, just pure vibes.
November 11, 2025 at 2:39 PM
If you're still figuring out what the #TFFF means for climate and nature finance in an era of backtracking, aid cuts and Baku amnesia, I wrote about in last week's Cropped. www.carbonbrief.org/cropped-5-no...

(in-depth explainer w/ @yaninequiroz.bsky.social www.carbonbrief.org/cop30-could-...)
November 11, 2025 at 2:28 PM
Hola folks. I'm not in Belém for #COP30, but as ever, I'm keeping receipts. If you're following remotely like me and aren't sure where the fights are:

- Who Wants What www.carbonbrief.org/interactive-...

- Text tracker with the latest docs to track changes www.carbonbrief.org/interactive-...
November 11, 2025 at 1:58 PM
Today’s South Asia climate news roundup @carbonbrief.org was a real scorcher.
April 16, 2025 at 10:01 AM
The decision puts down a plan to mobilise resources from “all sources”, while aiming to reform the inaccessible architecture of biodiversity finance.

It features another key ask from developed countries: a discussion on “broadening the contributor base”.

But developing nations already contribute.
February 28, 2025 at 1:32 AM
February 27, 2025 at 9:46 PM
Para 21 also has the one, unresolved bracket.

Whatever the fund, it has to be:

"accessible by all eligible country Parties [in a fair, timely, simplified, equitable, inclusive, and non-discriminatory manner]."

That could rule out a few existing options (www.aljazeera.com/opinions/202...).
February 27, 2025 at 8:02 PM
This sentence is key to the compromise: "the operation of the financial mechanism...can be entrusted to one or more entities, new, reformed or existing."

So basically: a permanent placeholder for biodiversity funding *after 2030*, whether that's a new fund or old.
February 27, 2025 at 7:26 PM
It's saying "permanent arrangement" while citing interim financial arrangements. www.cbd.int/convention/a...
February 27, 2025 at 7:05 PM
The language in para 19 – most closely tied to the possibility of a new global biodiversity fund - looks a lot like the wording from a "compromise" proposal submitted by Brazil on behalf of BRICS countries this morning. www.cbd.int/doc/interven...

Well, almost.
February 27, 2025 at 6:57 PM
We're in what should be the final hours of COP16.

And there's new informal text out on 🌱 finance, key to its success.

With inputs from bloc reps, it seems way more coherent than the last draft.

L: 26 Feb draft. www.cbd.int/doc/c/b198/d...
R: Tonight's non-paper. www.cbd.int/doc/c/214f/6...
February 27, 2025 at 6:51 PM
The Cali fund is officially real! It's a historic moment to get businesses – big pharma, ag, cosmetics, neutraceuticals, AI – to pay nature for using genetic data.

Which companies will be the first to speak up and pay up?
February 25, 2025 at 12:55 PM
"Why do we have such polarization around [finance]? It has to do with the changing landscape of power & geopolitics, with [pressure] that conflicts are putting on countries, and at the same time, the need to substantially address biodiversity loss climate change."
#COP16 President Susana Muhamad
February 24, 2025 at 2:38 PM
Hard to imagine companies paying nature for using its genetic data?

Kerry Ann Cleaver and I try to illustrate just what that could look like, in a new infographic for @carbonbrief.org.

The historic UN Cali Fund agreed last year officially opens next week. www.carbonbrief.org/infographic-...
February 20, 2025 at 5:22 PM
It highlights the key divide that will dominate the 3-day talks: developed countries don't see a need for a new nature fund governed by countries themselves, developing countries say the requirement to set this up is "already clear".
www.cbd.int/doc/c/b0ca/7...
February 17, 2025 at 10:47 AM
🆕 The fight for a new nature fund brought #COP16 talks to a halt in Colombia last year.

A week before talks resume in Rome, a "reflection note" from Susana Muhamad – whose COP16 presidency has been under a cloud after her resignation – suggests a way out. www.cbd.int/doc/c/b0ca/7...
February 17, 2025 at 10:39 AM
The "unilateral" measures wording BASIC countries led by China were keen on (unfccc.int/documents/64...) is now just "cross-border impacts".

But the decision "recalls" that language vs. "unilateral" "restrictions on trade" is right there in the UN climate convention: t.co/iwDw7d1jn3
November 24, 2024 at 11:05 AM
#COP29 Green trade wars didn't make the main agenda.

But possibly for the first time, there's space in climate COPs to talk about the "cross border impacts" of trade-related climate measures, such as 🇪🇺 EU CBAM/🇺🇸 IRA.

From the new 2026-30 response measures work plan: unfccc.int/sites/defaul...
November 24, 2024 at 10:54 AM
EU's Hoekstra: "We are living in a time of truly challenging geopolitics, and we should simply not have the illusion that it will soon get better. So sealing a deal truly is exceptional."

#NCQG #COP29
November 23, 2024 at 11:12 PM
INDIA: "We informed the #COP29 presidency we wanted to make a statement prior to any decision on the adoption [of the #NCQG finance goal]."

"This has been stage-managed, and we are extremely disappointed."

"This document is nothing more than an optical illusion. India opposes [its] adoption."
November 23, 2024 at 11:05 PM
#COP29 #NCQG New finance text, key new features:
- Baku to Belem roadmap to $1.3 trillion.
- "at least $300bn".
- "aiming at increasing" grant finance and "consider measures for increasing" bilateral climate finance to LDCs and SIDs.
- "review of this decision in 2030".
unfccc.int/sites/defaul...
November 23, 2024 at 10:07 PM
Adaptation fund decision adopted. Receipts here in millions, not billions. unfccc.int/sites/defaul...
November 23, 2024 at 5:02 PM
Checked out of COP29 tonight with a super heavy heart and planet-sized FOMO for the truly weird hours. You bet I’ll be following all the twists and turns of text until the bitter end.

Salaams to the still-in-Baku crew and hang in there, dostlog.
November 22, 2024 at 10:19 PM
Dubai was supposed to be where adaptation finance had its moment, but it was dwarfed by the headlining act, the global stocktake and within that, mitigation. 👇🏽 EU last year.

The COP29 headliner was supposed to be finance, including for adaptation. Why are we surprised at anger at the focus shift?
November 22, 2024 at 9:39 AM
Went looking for a man in climate finance, a quantum, 6’5”, brown eyes.
November 21, 2024 at 9:56 AM