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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Initiated in 2015, the French Ministry for the Armed Forces organized the first international conference “Defence and climate: what are the stakes?”. Since then, the Ministry has been constantly adapting and developing its capacity of anticipation.
On 25 January 2019, the UN Security Council held an open debate to discuss the security implications of climate-related disaster events. The meeting, initiated by the Dominican Republic, underscored the global nature of climate-related disasters. Most speakers highlighted the need for better climate risk management as an important contribution to safeguarding international peace and security. The debate marks the beginning of a year in which climate security ranks high on the UN’s agenda.
Today, Friday 25th January 2019, the UN Security Council will hold an open debate addressing the impacts of climate-related disasters on international peace and security (at 4pm CET and 10am EST). President Danilo Medina of the Dominican Republic will chair the meeting, which will also include the participation of several member states at ministerial level.
The unabated growth of natural resource consumption raises risks that we will outstrip the capacities of ecosystems and governance institutions. At the same time, to achieve important global goals related to poverty alleviation, public health, equity and economic development such as those embodied in the United Nations Sustainable Development Goals (SDGs), we will simultaneously need more resources and better management of natural resources everywhere.