The Compact of States and Regions, the only global platform to record greenhouse gas (GHG) emissions reduction targets and inventory data from sub-national governments, has today announced that 20 governments, representing over 220 million people and $8.3 trillion GDP, have committed to a series of ambitious targets to reduce carbon emissions.
These reporting governments currently represent about 1.81 GtCO2e, or 5%, of all global emissions, and with many more due to report over the summer, the potential emission savings through the Compact are set to be one of the most significant commitments presented ahead of COP21.
Presented at the World Summit Climate and Territories in Lyon, France, the initial round of targets include:
In addition, the Compact will be a platform for governments to report climate data going beyond 2015 – ensuring that they continue to accurately report against their climate targets with reliable, publically available data.
The latest climate talks unravelled when parties failed to reach consensus on the global carbon market mandated by the Paris Agreement. The carbon market controversy emerged amidst new tensions between a growing grassroots climate movement and the climate sceptic agenda of populist leaders. The ball is now in the court of the climate laggards, but they can only halt global climate action for so long.
This year’s annual UN climate conference, COP25 in Madrid, became the longest on record when it concluded after lunch on Sunday, following more than two weeks of fraught negotiations. It had been scheduled to wrap up on Friday.
On 29 November in Rabat, adelphi partnered with the United Nations Convention to Combat Desertification (UNCCD) to hold a regional dialogue on climate change and fragility risks in North Africa and the Sahel.
As the second week of COP25 begins in Madrid, it is time to stress once more the importance of building momentum for adaptation. There is obviously a need for adaptation planning, implementation and financing. However, so far only seventeen countries have presented National Adaptation Plans (NAP) - despite international partners providing important support.