International

Possible lack of final agreement overspeaks Baku summit negotiations

Baku can go down in history as another failed climate summit, adding to the list of COPs that ended in failure; with a bad agreement, as in Copenhagen (2009) or without agreement, as in the summit in The Hague (2000).

This is raised in the conversations that negotiators, observers and journalists have this Saturday in the corridors of COP29, after the 24 hours of extension of a summit that was supposed to end on Friday afternoon and in full “chaos” after dozens of countries left the room where the draft of the potential agreement was being negotiated.

The analysts and observers consulted, as well as the negotiating teams, agree to underline the “especially chaotic” end of this summit, from which a not too encouraging outcome is expected: either a “bad agreement” – that does not meet the needs of the Global South to face the climate challenge – or, directly, without agreement.

Pessimism invaded the spaces of the summit that hosts these days the capital of Azerbaijan, and in which about 200 states have been negotiating for two weeks how to finance climate action, especially in those low-income countries and vulnerable to the impacts of global warming.

Everyone mentions the ghost of the failed summits in The Hague and Copenhagen, cases that they would like to avoid, because they fear that going through another failure like this would further undermine the already weaken confidence in multilateralism.

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Some developing countries leave the trading room

In addition, small island states and some Africans left the negotiation room where they met the presidency’s latest proposal for the agreement on climate financing that finalizes COP29, where they said they did not feel heard.

Political representatives of the negotiating group that brings together the least developed countries, as well as that of the small island states claimed to have come to the climate summit in Baku to close “a fair agreement” on climate financing, but they have felt “hurt” by not being consulted.

“There is an agreement to be closed and we are not being consulted. We are here to negotiate, but we are leaving because at the moment we do not feel that we are being heard,” said the head of the negotiating group of the island countries, Cedric Schuste, in statements to the media.

“We do everything we can to build bridges with literally everyone. It is not easy, neither in financing nor in mitigation,” stressed the European Commissioner for Climate Action, Wopke Hoekstra, to emphasize that “it is fair to ask that we be constructive.”

Some Latin American and Caribbean states, which are trying to build bridges between the least developed and rich countries, expressed their refusal to admit that this Baku summit is closed without an agreement.

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“We cannot leave Baku or Copenhagen,” said Panama’s special climate envoy, Juan Carlos Monterrey, in reference to the climate summit held in the Danish capital in 2009, a meeting that the international climate community considered a failure, by not reaching any agreement.

“We are already at a point of not only building bridges, but walking on those bridges,” Monterrey said, after detailing that the countries had left the consultation mainly because of their discrepancies regarding the total amount that rich countries suggest mobilizing to pay for the climate transition and adaptation to the inevitable impacts of global warming.

“The great struggle is the figure,” said Monterrey, since developing countries at this point support that the goal is 300 billion dollars per year by 2035, and developing and emerging economies ask for 500 billion dollars annually and by 2030.

Lack of transparency in the process

Panama’s main negotiator, Ana Aguilar, also criticized the lack of transparency in the process, something she blamed on the Azerbaijani presidency of the summit, which according to her has had more meetings with some parties than with others, and has been three days without favoring negotiations more than bilaterally.

“We have a problem,” said Colombian Minister Susana Muhamad, who claimed that there is still a long distance between the amount that rich countries propose to mobilize and that requested by those that developing countries.

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The proposal of the presidency of the COP29, as reflected in a negotiating text made public on Friday, was that the awealing countries pay 250 billion dollars a year by 2035 to the states of the Global South, to help them pay for action against climate change, a phenomenon to which they hardly contribute but of which they are the main victims.

Now there is talk of 300 billion dollars, while the largest group of developing countries demands at least 500 billion.

The dispute is especially in the quantum, Muhamad said, but also “in some of the requirements that I think we can achieve through negotiation,” he said.

“The problem is that it has been published very late, it was published yesterday. The deadline is very short, so we have some countries, those that have less financial capacity, that do not feel satisfied,” explained Muhamad, who added that “we need them to be able to move and deliberate.”

The Colombian minister said that she will encourage rich countries “to take a step forward” and, she added, “it is very important that they do so so that we can move forward and carry out this negotiation.”

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International

Bill Gates Admits “Serious Mistake” Over Epstein Ties

Bill Gates acknowledged he made a “serious mistake” by associating with convicted sex offender Jeffrey Epstein, telling employees at his philanthropic organization that he regretted the relationship and its impact on the foundation’s work. He also admitted to having had affairs with two Russian women but denied any involvement in Epstein’s criminal activities.

The Microsoft co-founder is among several high-profile figures mentioned in documents from the so-called Epstein files released by the U.S. Department of Justice. The records reference personal associations, financial dealings and private communications involving Epstein’s network.

During a staff-wide meeting at the Bill & Melinda Gates Foundation on Tuesday, a recording of which was reviewed by The Wall Street Journal, Gates said he regretted spending time with Epstein and arranging meetings between foundation executives and the financier.

“It was a big mistake to spend time with Epstein,” Gates told employees, adding that the association had harmed the foundation’s reputation.

In a draft email released by the Justice Department, Epstein claimed that Gates had engaged in extramarital relationships. The message alleged that their interactions ranged from assisting Gates in obtaining drugs to cope with personal matters to facilitating meetings with married women.

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Gates, 70, acknowledged during the internal meeting that he had two affairs but firmly denied any connection to Epstein’s crimes.

The revelations come amid renewed scrutiny over Epstein’s network of prominent contacts following the public release of investigative files.

International

Stephen Hawking Photo Appears in Newly Released Epstein Documents

A previously unseen image of renowned theoretical physicist Stephen Hawking has surfaced among documents recently released by the U.S. Department of Justice as part of its investigation into financier Jeffrey Epstein.

The photograph shows the British scientist, who died in 2018 at age 76, smiling while seated between two women wearing swimsuits in what appears to be a beach setting. In the image, Hawking appears to be holding a drink while reclining on a sun lounger.

The exact context of the photo — including the date and location — has not been officially confirmed. However, it is known that Hawking attended a scientific conference funded by Epstein in March 2006 in the U.S. Virgin Islands, where several academics participated in events and activities organized by the financier prior to his criminal charges.

No Allegations Against Hawking

Hawking’s appearance in the files does not imply involvement in illegal or inappropriate conduct, and there are no formal charges linking him to any criminal activity in connection with the Epstein case.

The physicist is mentioned in numerous documents, primarily in relation to his participation in academic events associated with Epstein’s efforts to build connections with prominent figures in the scientific community.

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The release of the files has prompted renewed public interest in the scope of Epstein’s network, though inclusion in the documents alone does not indicate wrongdoing.

International

Larry Summers Steps Down from Harvard Role Amid Epstein Controversy

Former U.S. Treasury Secretary Larry Summers has resigned from his academic post at Harvard University due to his ties to convicted sex offender Jeffrey Epstein, the university said Wednesday.

Summers, who led the U.S. Treasury Department under former President Bill Clinton and later served as president of Harvard in the early 2000s, appeared in Justice Department files related to Epstein as having maintained extensive exchanges with the late financier.

According to a university statement, “Harvard Kennedy School Dean Jeremy Weinstein has accepted the resignation of Professor Lawrence H. Summers from his role as co-director of the Mossavar-Rahmani Center for Business and Government,” noting that the decision was connected to the Epstein case.

Meanwhile, Clinton is scheduled to testify Friday before a congressional committee regarding the Epstein matter. Former Secretary of State Hillary Clinton is expected to appear before the panel on Thursday.

The development marks another high-profile repercussion stemming from renewed scrutiny surrounding Epstein’s network of associations.