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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Global progress towards achieving the SDGs is slow, and for many targets, off track. While SDG implementation is primarily a national task and responsibility, it also requires concerted international cooperation. This article presents two arguments why foreign policy could play an important role in their achievement.
No country is immune to natural hazards, but for fragile states, the effects are even more severe. Mostly, conflict prevention and humanitarian aid are seen as more pressing priorities to protect livelihoods there. This pushes efforts of climate change adaptation and disaster risk reduction to the bottom of the priority list and results in compounded pressures.
As the debate over climate-related security risks grows, many Pacific Island States are calling for more action by the international community to better address the links between climate change and global security. In an interview with adelphi, the former President of Nauru, Baron Waqa, highlights some of these calls as well as the challenges in getting the climate-security issue on the UN’s agenda.
A record breaking European heatwave provided a fitting backdrop to the latest round of UN climate change talks, in which delegates from around the world descended on Bonn for a two-week diplomatic effort.