The spiritual grandchild of the Rio Earth Summit agreement of 23 years ago, the universal climate agreement (UCA), is the world's best chance to limit global temperature increase to two degrees Celsius. The universal hope is that it will be adopted at the global climate change summit in Paris, France, in December 2015. The UCA is important because it will record different countries’ commitments to reduce their carbon dioxide emissions, and, this time around, developing countries, too, will make commitments to reduce their emissions—and they are looking for how to fund the actions they will need to take.
How much money is needed by developing countries? Estimates are around US$ 450 billion per year from 2020 on: US$ 350 billion for reduced emissions and US$ 100 billion for adapting to the impacts of climate change. Some of this money will be provided by countries themselves. But to reach their emission reduction targets, a significant fraction will also need to come from developed countries in the form of official climate finance (OCF). These numbers may sound overwhelming, but context is paramount—they should be compared to net inflows of debt and equity into developing countries, which are estimated to be above US$ 1.2 trillion per year.
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The European Green Deal has made the environment and climate change the focus of EU action. Indeed, climate change impacts are already increasing the pressure on states and societies; however, it is not yet clear how the EU can engage on climate security and environmental peacemaking. In this light, and in the run-up to the German EU Council Presidency, adelphi and its partners are organising a roundtable series on “Climate, environment, peace: Priorities for EU external action in the decade ahead”.
In January 2020, the German Federal Foreign Office launched Green Central Asia, a regional initiative on climate and security in Central Asia and Afghanistan. The aim of the initiative is to support a dialogue in the region on climate change and associated risks in order to foster regional integration between the six countries involved.
Climate change will shift key coordinates of foreign policy in the coming years and decades. Even now, climate policy is more than just environment policy; it has long since arrived at the centre of foreign policy. The German Foreign Office recently released a report on climate diplomacy recognizing the biggest challenges to security posed by climate change and highlighting fields of action for strengthening international climate diplomacy.
A high-level ministerial conference in Berlin is looking at the impact of climate change on regional security in Central Asia. The aim is to foster stronger regional cooperation, improve the exchange of information and form connections with academia and civil society.