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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In this interview, EcoPeace Directors Nada Majdalani (Palestine), Yana Abu-Taleb (Jordan) and Gidon Bromberg (Israel) explain why disengaging from a shared environment can aggravate the region’s security challenges.
At the conclusion of the 50th Pacific Islands Forum, Pacific leaders issued a Forum Communiqué and the ‘Kainaki II Declaration for Urgent Climate Change Action Now’ – the strongest collective statement the Forum has issued on climate change. Pacific leaders highlight the UN Secretary-General’s Climate Action Summit, the SAMOA Pathway Review, and 25th session of the Conference of the Parties (COP 25) to the UNFCCC as “global turning points to ensure meaningful, measurable and effective climate change action”.
If ratified, the Mercosur-EU trade deal may reinforce the parties’ commitment to climate action. Yet, its potential relevance is weakened by a language that often stops short of concrete commitments, as well as political resistance.
Iraq is on the verge of an environmental breakdown, and climate change is not helping. The country's fragile environment and the increasing scarcity of natural resources — particularly water — are a result of poor environmental management, as well as several political and historical factors. However, as climate change impacts add to the existing pressures, the environmental collapse turns into a security issue.