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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2019 has only just begun, but it is already hard to imagine that there will be other extreme weather events with disastrous consequences such as cyclone Idai happening again this year. In all likelihood, such events will continue to occur as 2019 rolls on. Idai is, once more, proof of how devastating and toxic the mix of climate change, extreme weather events and poverty can be: Mozambique, Malawi and Zimbabwe – countries that rank low in human development but contribute very little to global greenhouse gas emissions – suffer from some of the worst impacts of climate change.
adelphi has relaunched its exhibition Environment, Conflict and Cooperation (ECC) Exhibition to illustrate how unprecedented environmental changes interact with social, political, and economic risks to exacerbate conflict. We invite you to explore our online exhibition and to learn more about urgent issues of our time: climate, energy, migration, extractives, food and water.
Climate security risks are, by all interpretations, a global threat. But when it comes to setting a political climate security agenda, a handful of countries stand out. In an interview with Climate Diplomacy, Michaela Spaeth, Director for Energy and Climate Policy at the German Federal Foreign Office, highlights some of Germany’s goals and challenges in forwarding the issue during its 2019-20 membership in the UN Security Council.
The Planetary Security Conference 2019, which concluded on 20 February, saw a number of workshops being held on the Sahel region and specifically Mali, one of the Conference’s three spotlight regions. These workshops examined the region’s climate-water-security risks as well as the #doable actions and solutions to address these issues.