The State of Play of Climate Finance – UNFCCC Funds and the $100 Billion Question
By Mariama Williams; editing support and data by Rajesh Eralil
Climate finance is key to achieving the ambitions set out in the Paris Agreement as well as in fulfilling the climate actions that developing countries have proposed to implement in their Nationally Determined Contributions (NDCs), the key vehicles for implementing the agreement reached in Paris in 2015. However, there is much concern that the current flow of finance is inadequate to meet the expectations surrounding both the NDCs and the Paris Agreement. This brief presents quick snapshots of the state of play of climate finance of one dimension of the broad, complex and increasingly fragmented universe of climate finance. It focuses on the flow of climate finance that can be monitored and tracked under the United Nations Framework Convention on Climate Change (UNFCCC) in the context of the developed countries’ collective goal of mobilizing US $100 billion annually to support developing countries’ climate actions. The issues on both the demand and supply side of climate finance flows are explored, with specific attention to the ebb and flows and achievements of the multilateral public funds. After highlighting some of the more serious challenges with the flow of climate finance, the brief ends with an overview of the key negotiating issues around future climate finance flows.
Ensuring an Operational Equity-based Global Stocktake under the Paris Agreement
By Hesham Al-Zahrani, Chai Qimin, Fu Sha, Yaw Osafo, Adriano Santhiago De Oliveira, Anushree Tripathi, Harald Winkler and Vicente Paolo Yu III
One of the key provisions of the Paris Agreement that was adopted in December 2015 at the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change is Article 14 on the global stocktake (GST). The GST is intended to be the mechanism by which the Convention Parties that are Parties to the Paris Agreement would be able to periodically take stock of the implementation of the Paris Agreement and to assess collective progress towards achieving the purpose of the Agreement and its long-term goals. This research paper discusses how equity as a principle and a concept played a key role in shaping the modalities for the GST, and looks in detail at the operational modalities for the GST that were agreed upon in Katowice in December 2018 in relation to how equity should be considered and made operational.
Overview of outcomes of the November 2017 UNFCCC climate talks
The annual climate change talks under the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol (KP) and the Paris Agreement (PA) took place in Bonn, Germany, on 6-18 November 2017, ending a day later than scheduled due to last-minute wrangling among Parties, mainly over issues related to finance.
Promoting Sustainable Development by Addressing the Impacts of Climate Change Response Measures on Developing Countries
Response measures arise in the context of developed and developing countries taking actions to combat climate change at global, national and regional levels, such as for the protection and stabilization of the climate, emissions leakages and/or the costs of environmental compliance. They may have unintended and adverse economic and social consequences for developing countries’ economies, most often on the poorest and most vulnerable sectors of those economies.
Highlights of COP 22 in Marrakech 2016, including interpreting the Paris Agreement
A year after the historic Paris Agreement was adopted, the UN Climate Change Convention held its 22nd Conference of Parties in Marrakech in November 2016. The Paris Agreement has come into force, in record time, but as the COP22 showed, there are big differences on what Parties understand the Agreement to mean. (more…)
Policy Brief on Intended Nationally Determined Contributions (INDCS)
Part A: Introduction: The issue of ‘intended nationally determined contributions’ (INDCs) has come to be one of the important components of the process towards the UNFCCC’s 21st Conference of Parties (COP21) to be held in Paris in December 2015. Countries have been in the process of preparing their INDCs. This Paper is intended to provide the background information on the INDCs, and a guide to developing countries on how to formulate their INDCs. (more…)
Understanding the Lima Climate Conference : A Proxy Battle for the 2015 Paris Agreement
I: Reaching agreement on the Lima outcome, after a near collapse
The annual United Nations climate conference, held in Lima, ended early on Sunday morning 14 December 2014 after over two weeks of intense negotiations and the trauma of an almost total collapse of this round of talks that was supposed to be an important step towards a new climate change agreement scheduled to be adopted in Paris in December 2015. (more…)
South Centre-TWN Side Event at the UN Climate Conference in Lima: Perspectives on the 2015 Paris deal: Options on the road from Lima to Paris
Speakers from developing countries will give insights on the critical markers from Lima to Paris in order to secure an equitable and just climate agreement at the South Centre-TWN side event in Lima, Peru.
Developing the loss and damage mechanism in climate change: The tasks ahead
The establishment of the Warsaw International Mechanism for Loss and Damage associated with climate change impacts (the Mechanism) stands out as one of the key outcomes and milestones of the 19th Conference of the Parties (COP19) of the United Nations Framework Convention on Climate Change (UNFCCC) held in Warsaw in November 2013. This brief offers our views, as negotiators from developing countries, who have worked on this issue in the past few years. (more…)