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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Pakistan’s unprecedented climate shocks make it clear: regional cooperation for managing shared waters is desperately needed. To halt the increasing impacts on agriculture and livelihoods that cripple the country’s economy, diplomacy is of paramount importance. In our interview, Moeen Khan explains how territorial and ethnic tensions with India hinder much-needed transboundary solutions – and how the international community can help.
Environmental defenders in Brazil are at risk — last year, 57 were assassinated and the numbers are increasing. The UN has launched a new initiative to address the escalating violence. This article shows the challenges faced by an activist from the Amazon region who fights for justice, and it notes how the Brazilian government can save lives while preventing unregulated exploitation in the region.
Changes are occurring that could make climate action a driver of the domestic agenda for economic and social progress and for international cooperation. With the help of market forces and technological advances, the tide is moving toward climate action. Paul Joffe argues that a key to success is a strategy that draws public support and makes climate policy a force in a larger industrial renaissance.
The world can achieve slower climate warming, preventing temperatures from rising by more than 1.5˚C, a global scientific panel says. But time is short.