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.
For the complete article, please see Daily Development.
Colombia’s long-standing internal conflict and the country’s contribution to climate change share one common root cause: land concentration. Policies to strengthen access to land and to ensure sustainable land use might therefore hold the key to promoting peacebuilding in Colombia, while simultaneously reducing emissions.
As disasters wreak havoc all over South Asia, health impacts have increasingly emerged as a major concern for communities and governments in the region. It underscores the need for concerted efforts towards building synergies between the Paris Agreement, the Sendai Framework for Disaster Risk Reduction and the 2030 Sustainable Development Agenda, particularly now, in the post-disaster reconstruction phase, to ensure “building back better” and future disaster prevention.
In the Inner Mongolian county of Horinger, Northwestern China, afforestation efforts have transformed a barren, dusty landscape into a pine forest. Planting trees has diminished the sandstorms, boosted biodiversity and improved the environment generally. As the climate emergency worsens, the potential for planted trees to draw carbon out of the atmosphere is being re-examined. What can the world learn from the Chinese experience with afforestation?
Two events in August 2019 underlined the complexity of paving the way to a climate-neutral world: the publishing of the new IPCC report and the Amazon fires. Both events demand that climate diplomats move beyond a narrowed focus on energy in decarbonisation debates.