5 Things COP27 Must Achieve for Vulnerable Countries | World Resources Institute - 0 views
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Vulnerable countries, despite their limited contribution to climate change and ambitious climate commitments, are and will continue to shoulder the bulk of this burden
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Developed by organizations from the Global South, ACT2025’s new Call for Enhanced Implementation lays out where concrete action is needed in the lead-up to and at the conference.
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When looking at countries’ commitments to reach net-zero emissions by around mid-century, temperature rise could be kept to around 1.9 degrees C. However, some major emitters’ 2030 targets are so weak that they don’t offer credible pathways to achieve their net-zero targets, indicating a major “credibility gap.”
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All countries — especially G20 countries — that have submitted “updated” NDCs that were no more ambitious than their previous commitments, and countries that have not yet communicated new or updated NDCs at all, should update their NDCs and long-term strategies in a credible, ambitious manner
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developed countries must lead on climate ambition — they are the laggards in living up to their climate promises despite their overwhelming contribution to the climate crisis
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After COP26, it was noted “with deep regret” the failure of developed countries to meet the $100 billion goal they originally promised to achieve by 2020, feeding into the credibility gap and hamstringing the ability of developing countries to plan further climate action.
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The urgency for enhanced adaptation action is underscored by the IPCC Working Group II report, mentioned previously, which finds that every tenth of a degree of additional warming will escalate threats to people, species and ecosystems. Yet many communities still lack the resources required to manage today’s climate change impacts, let alone worse impacts in the future.
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developed countries need to provide grant-based funding to finance adaptation plans, especially through the Adaptation Fund and other entities of the Financial Mechanism established under the UNFCCC.
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despite an urgent plea from climate-vulnerable countries, the proposal for a new loss and damage financing facility was rejected by developed nations. Instead, at COP26, countries established the Glasgow Dialogue to discuss possible arrangements for loss and damage funding, with the first discussion to be held in June 2022.
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even the most effective adaptation measures cannot prevent all losses and damages, which are a present-day reality for vulnerable people in certain regions
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Countries also made progress at COP26 on the operationalization and funding of the Santiago Network on Loss and Damage (SNLD), which aims to provide developing countries with technical assistance on how to address loss and damage in a robust and effective manner. Sufficient financing for the SNLD is crucial to ensure technical support for developing countries and to create a new method in encouraging technical assistance that is country-owned and emphasizes local expertise.
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The first Global Stocktake process must be done in a way that is inclusive, raises awareness, ensures the meaningful participation of Global South organizations, and paves the way for a comprehensive outcome that promotes increased NDC ambition and is centered around equity. Additionally, the UN Secretary General should hold countries and non-state actors accountable to develop a robust accountability system for commitments made outside of the UNFCCC process.
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Shortly after COP27, we will be more than a quarter of the way through the decisive decade — what will the world have to show for it? Now is the time for solidarity and ambitious, real, on-the-ground action and support that will deliver justice for vulnerable countries and communities. While realizing countries’ differentiated responsibilities and capacities, the world needs to be all in, all together on climate.