Negotiations will shift to the finance section of the elements text today, and there are several key items still missing—partly due to the weak outcomes in Lima—on climate finance. Here are a few examples of areas where the text must be strengthened.
ECO 2, ADP2-8, English
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Norway likes its image of the good student who always completes its homework, and is on time at that. And so too with its INDC. Last Friday, we saw the Norwegian government publish its new emission reduction targets for 2030.
The final meetings of the Structured Expert Dialogue (SED) have begun!
Dear delegates, perhaps you’ve lain awake at night wondering how you will feed your family now that your livestock has died in the most recent drought? Or perhaps you’ve wondered if your family can rebuild your home yet again after two typhoons in a row? Or how long your children will be able to live on your ancestral land that is being encroached upon by king tides?
As we get into the nitty-gritty of ADP negotiations here in Geneva, it is always important to keep in mind the events and discussions happening outside of the UNFCCC process. For those unaware, finance ministers from the G20 are gathering today and tomorrow in Turkey to discuss G20 priorities, two of which are climate change and climate finance this year.
Switzerland was right to remind Parties yesterday afternoon that as countries achieve higher levels of development they should, over time, move towards economy-wide emissions budgets.
ECO hates to spoil the fun — and yesterday’s plenary was great — but we can’t help but wonder about the disconnect between the Lima compromise on CBDR&RC and the framing on differentiation throughout the current elements text.
In the final years of negotiations for the new climate agreement, it’s still not clear if it will include the fastest growing emissions sources—international aviation and shipping, also known as bunker fuels.
Sunday’s opening negotiations concentrated on adding missing elements, and today it’s up to the adaptation negotiators to continue that work. Given the climate crisis that we face, sustainable development and poverty eradication will only be possible if all countries step up their adaptation efforts.