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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A new publication on SDGs and foreign policy, prepared by researchers at the German think tank adelphi, highlights a phenomenon I call this the ‘Great Splintering’ – the fracturing of political will for collective action on the global stage. This article outlines five steps we could take to revive multilateralism.
Satellite analysis shows ‘vanishing’ lake has grown since 1990s, but climate instability is driving communities into the arms of Boko Haram and Islamic State. Climate change is aggravating conflict around Lake Chad, but not in the way experts once thought, according to new research.
At a meeting of the Arctic Council, secretary of state Mike Pompeo refused to identify global warming as a threat, instead hailing an oil rush as sea ice melts. The US refused to join other Arctic countries in describing climate change as a key threat to the region, as a two-day meeting of foreign ministers drew to a close on Tuesday in Ravaniemi, Finland.
Around 1.6 billion people depend on forests for their livelihood, and about 2.6 billion people rely directly on agriculture. Deforestation, land degradation, and unsustainable management of ecosystems threaten those livelihoods and may contribute to resource-related conflicts and social unrest.