This week, the 2019 UN Climate Change Conference (COP25) will descend upon Madrid following an ad-hoc relocation from Santiago, Chile, after huge protests erupted against the government. These international negotiations are expensive events to organize and corporate sponsorship has become an unfortunate norm for host governments to pursue and Spain is no exception. For Santiago, the Chilean government had secured the financial backing of the country’s mining, manufacturing and employers associations. For Madrid, the acting Minister for Ecological Transition, Teresa Ribera, has knocked on the doors of the large companies of the Ibex35 and the Spanish employers’ association for the financing of the Conference. An excellent opportunity for “greenwashing” of the main companies emitting greenhouse gases and responsible for numerous socio-environmental conflicts around the world.
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