German G20 must mobilise action on climate change for a stronger and safer world

Germany today took over the G20 Presidency by outlining its mission for 2017 under the overarching motto of “Shaping an Interconnected World”

1 December 2016:  Climate Action Network calls on the German Presidency to use the G20 platform to mobilise international cooperation and action on climate change. 
Decisive action on climate change is vital to strengthening global stability and achieving sustainable development, two pillars of the 2017 G20 agenda. The G20 countries account for nearly 80 percent of global emissions. They have a responsibility to lead on several actions to ensure that climate change does not further endanger global stability.  

By making climate-risk disclosure mandatory, the G20 can ensure that new investment in infrastructure is climate-resilient and low carbon. This is vital to avoid the serious risk of stranded assets that threaten financial stability and economic growth. 

Inefficient fossil fuel subsidies skew markets in favour of energy sources that are not environmentally sustainable and which fail to deliver long-term energy security. 
G20 governments must unlock the potential of renewable energy sources that are now cost-competitive in many parts of the world. They must further commit to halt fossil-fuel based development and infrastructure investments. Green finance will be an essential enabling element in the necessary global energy transition to 100% renewable energy.

Developing mid-century strategies for sustainable development and decarbonization is a key step in ensuring stable and resilient national economies. Such long-term planning will send clear signals to the private sector, and help build a framework for investments in line with development goals and those of the Paris Agreement.

Mitigating and adapting to climate change will be key to global security as the scale and frequency of extreme weather events threaten vulnerable communities and exacerbate scarcity of natural resources. 
In 2015, all G20 governments adopted the Paris Agreement and Agenda 2030-the Sustainable Development Goals. During COP 22 in Marrakech last month, 48 of the most vulnerable countries committed to transitioning to 100% renewable energy by 2050. 
Now the world’s largest economies must ensure that their economic decisions are compatible with the commitments they made in Paris and in line with the direction in which the global economy is moving.

Germany, at the helm of the G20 must reaffirm commitments to avoid irreversible climate change. It must through its G20 leadership, work to ensure a progressive outcome on global climate action.    

CAN members comment on the start of the German G20 Presidency  

“Climate science tells us that the responsible thing to do is to stop building new fossil fuel infrastructure now. Germany should push the G20 in this direction, and at the very least, should advance the 2009 G20 promise to end fossil fuel subsidies. We can’t afford to build new fossil fuel infrastructure, and we certainly can’t afford to waste even one more cent of public money on it.” Alex Doukas, Senior Campaigner, Oil Change International

“As the G20 Presidency enters Europe for the next 12 months, Germany and the whole European Union should get behind an ambitious work plan that moves the world's largest economies further away from fossil fuels and closer towards being fully renewables based and energy efficient. Germany together with the rest of the EU now have the opportunity to solidify their alleged climate leadership. This includes phasing out fossil fuel subsidies, increasing near-term climate action and getting down to business with the EU's long-term decarbonisation strategy.” Wendel Trio, Director, Climate Action Network Europe

“As the world’s largest emitters and strongest economies, the G20 have a responsibility to act on climate change. The Paris Agreement has set a globally agreed framework for responding to the climate crisis, but we can only achieve the Paris objectives if the G20 now acts decisively on implementation. We welcome the emphasis the German presidency has announced to put on this issue. We expect chancellor Merkel to make it very clear that climate change has to be a priority, also vis-a-vis the incoming U.S. administration. All G20 countries need to agree to develop their mid-century decarbonization plans by 2018.” Christoph Bals, Policy Director, Germanwatch     

For more information, contact Dharini Parthasarathy, Communications Coordinator, Policy, CAN- International; email: dparthasarathy@climatenetwork.org, or call on +32468405277

About Climate Action Network:
Climate Action Network (CAN) is a global network of over 1200 NGOs working to promote government and individual action to limit human-induced climate change to ecologically sustainable levels. www.climatenetwork.org

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HISTORIC BREAKTHROUGH: 48 COUNTRIES COMMIT TO TRANSITION TO 100% RENEWABLE ENERGY

November 18, 2016: In a historic breakthrough, 48 climate vulnerable countries clear the way towards a safe and prosperous future for everyone and commit to 100% renewable energy by mid-century. In a bold move that is set to spark a global ripple effect prompting other countries into concrete action, the Climate Vulnerable Forum (CVF), chaired by Ethiopia declared shifting to net carbon neutrality in a high-level ministerial meeting held on the last day of the UN climate talks in Morocco.

“We are thrilled by this move, this is what we worked hard for all these years, countries stepping out to transform their energy dependence away from fossil fuels into sustainable resources that brings economic growth while saving lives from climate-induced potential disasters,” said Climate Action Network Director Wael Hmaidan.

Constituting 25% of the countries in the climate process, CVF vow to end energy poverty “not leaving anyone behind and protect food and water security” through massive de-carbonization plans and creating jobs in renewables.

“The commitments made by the Climate Vulnerable Forum today are both impressive and inspirational. They have once again shown their moral leadership in this process with real-world commitments to action. These countries are already living the terrifying reality of climate change today and their very existence is on the line. The EU stands with them and their commitment to greater ambition in the years ahead,” said European Union Climate Action and Energy Commissioner Miguel Arias Canete.

This declaration comes in the wake Hurricane Matthew that devastated Haiti and caused a humanitarian catastrophe amplified by capability constraints. As the most vulnerable, CVF countries are setting the urgency and taking action to build resilience, averting disasters protecting people through providing insurance covering climate related calamities and risk.

“Participating in CVF and adopting this declaration is an ethical matter for us,” said Costa Rican Minister of Environment and Energy Edgar Gutierrez. “The health of our people, the destiny of our nations is at stake.”

CVF will hold a summit in 2018 to lay out their de-carbonization map that will meet science and limit temperature increase to 1.5 above pre-industrial levels.

"I welcome the Climate Vulnerable Forum Declaration highlighting the need for urgent climate action in order to protect the most vulnerable and allow everyone to prosper.   Our goal must be to bend the curve of emissions by 2020 in order to limit temperature rise to 1.5 degrees C and enable an orderly and just transition.  For this we must accelerate the shift of capital and promote radical collaboration among all stakeholders. We can do it,” said Former Executive Secretary of the UNFCCC Christiana Figueres.

CVF pledged to promote the full implementation of the amended Montreal protocol to reduce emissions equivalent to 0.5C warming.

The Climate Vulnerable Forum (CVF) is a collaborative platform for vulnerable countries to address the key issues related to climate change. The CVF brings together government leaders from 48 developing countries vulnerable to climate change to which it has an open, inclusive and semi-formal approach. Nations participating in the CVF are also members of the Vulnerable Twenty. The Forum is currently chaired by Ethiopia. The incumbent CVF chair is Marshall Islands

Check out the following links for information about the forum, the vision and the communique:

http://www.thecvf.org/

http://climate.gov.ph/15-press-release/173-climate-vulnerable-forum-s-newly-adopted-vision-and-communique

Photos:

https://www.flickr.com/photos/thecvf/29071452211/in/album-72157671589553260/

For further information, contact:

Hala Kilani

Senior Communications Officer campaigns - Climate Action Network

Email: hkilani@climatenetwork.org

Tel: +961 3 567928

Local Phone: +212 6 53 77 86 95

 

Civil society responds to climate talks in Marrakech as countries reaffirm their commitment to Paris deal

Vulnerable countries come forward with plans to adopt 100% renewable energy but Africa COP sees no clear commitments from developed countries to increase long-term funding for adaptation

18 November, Marrakech: At the climate talks in Marrakech, Climate Action Network welcomes that governments reaffirmed their resolve to work together on implementing the Paris Agreement, even amidst uncertain political moments. As of today, 111 countries have ratified the Agreement, with several such as UK, Australia, Guatemala, Malaysia Pakistan and Tanzania, in the last few days. Together they represent the greatest international cooperation to act on climate change.

The extraordinary political solidarity that brought the Agreement into force less than a year since it was negotiated, thereby allowing the first meeting of the Parties to take place much earlier than anticipated, must now translate into substantive action.

Taking advantage of the Paris Agreement’s rapid entry into force and work on the rulebook being completed by 2018, countries have to do more and faster. 

Governments must keep their pre-2020 commitments to limit warming below 1.5 degrees C and prevent irreversible damage from the impacts of climate change.

Countries that have not yet ratified the Doha Amendment must do so. While some countries will achieve their 2020 targets and progress is promising on initiatives, such as the Africa Renewable Energy Initiative, civil society organisations call for much stronger political will to ensure that all countries meet their pre-2020 targets. Developing countries must be assured financial, technical and capacity-building support to do this.
The 48 countries, part of the Climate Vulnerable Forum, have committed to updating their Nationally Determined Contributions before 2020 emphasising that additional support is critical for their implementation.    

That these climate talks took place in Africa, a continent particularly vulnerable and ill-equipped to tackle climate change, would give reason to believe that developed countries would commit with certainty increased support for adaptation beyond their current, inadequate plans. This has not been the case. In these two weeks, some of them have promised funds but this is woefully short of what is needed ​now as well as in the long-term to protect poor communities who are already bearing the brunt of the worst impacts of climate change.

If governments are serious about achieving the goals from Paris, they must come fully prepared in ​2017 and ​2018 to scale up mitigation ambition​, enhance funding for adaptation in particular, and ​review progress. ​​This includes agreeing to a robust methodology for what is counted as climate finance against the US$100 billion commitment.

Marrakech marks an important moment when countries initiated the process​ to take the Paris Agreement forward to 2018 which will be a critical milestone to assess real progress.

CAN members in Marrakech reacted to the talks:

“Pacific Islands Climate Action Network (PICAN) welcomes the progress made at COP22 in Marrakech. This COP was meant to take a step forward towards the implementation of the Paris Agreement by setting some guidelines of moving forward and this was achieved for some of the issues. There is a lot of work still to be done in the realization of goals set out in the Paris Agreement but the partnerships and overall political willingness of the countries to move forward together is commendable. In particular, the collective commitment shown towards the Paris Agreement despite the concerns arising on the climate change positions of the incoming United States President-elect Donald Trump sends a signal that the debate on the realities of climate change is over and that the world is committed to solving the climate change problem. PICAN also supports the confirmation of Fiji as the next COP23 Presidency and commends Fiji on the leadership shown on behalf of all vulnerable islands states. This is a highly significant moment as it is the very first time a small island developing state will hold presidency of the UNFCCC COP. It’s going to be a Pacific COP next year. PICAN looks forward to working closing with the Fiji Presidency and showcasing the leadership of the Pacific in the year ahead.” Krishneil Narayan, the Coordinator of the Pacific Islands Climate Action Network (PICAN)

“Despite fears, the spirit of Paris and the climate movement are alive and well as we saw in Marrakesh at COP22. Technical negotiations showed progress but the plight of the poorest and especially women and girls still demand a clearer roadmap and money to match. We are also calling on governments and business to make emission cuts now that respect the 1.5 degrees limit so that a desperate situation does not completely spiral out of our control. Thus, the ambitious leadership shown by 47 developing countries in the Climate Vulnerable Forum pushes the most powerful countries to be much bolder and take quicker action.” Wolfgang Jamann, Secretary General and CEO of CARE International

“Climate Action Network South Asia (CANSA) members welcome the progress made on technical front at the COP 22 but expressed their disappointment on lack of urgency shown by developed countries on delivering their promise of providing necessary funding to developing countries to cope with the incessant impacts of climate change.  The agreement on process for preparing a rule book for implementation of Paris agreement, the infusion of some more money in  adaptation fund and the fact that CMA the implementing body of Paris Agreement has begun functioning is all good news but the money on the table is way less than required to help the  developing countries to implement their conditional NDC and close the emissions gap required to arrest runaway climate change and assist the most vulnerable and the poorest of poor in South Asia.“ Sanjay Vashist, Director of Climate Action Network South Asia

“This year’s UN climate talks in Marrakech made clear that the Paris Agreement remains robust, but strong leadership will continue to be important if we are to safeguard our societies from dangerous climate change. Here in Marrakech the EU repeatedly reiterated its leadership on climate action, but these statements were followed by a visible degree of inaction. The EU turned a blind eye to the need to boost climate action in the next four years. Cancelling the surplus allowances under the Emissions Trading Scheme would have been a school book example of showing leadership, but the EU failed the test. It is high time for the EU to start walking the talk. The EU must come well prepared in 2017 and to the next big political moment in 2018, with clear plans to both scale up the ambition of its inadequate 2030 targets and present a strategy for how to bring emissions down to zero in the long term.” Wendel Trio, Director of Climate Action Network (CAN) Europe

“We came to Marrakech on a high note with the Paris Agreement entering into force in record time. The U.S. has been a leader on tackling climate change under the Obama administration, helping to build the global consensus around shared action that resulted in last year’s historic Paris Agreement. But the outcome of last week’s elections has raised serious doubts about the continued commitment of the U.S. to the international climate framework after President Obama leaves office. “Despite of US election results, ambition and efforts for making the Paris Agreement work must continue within next year and the years to come. Some Latin American countries has highlighted the importance of prompt definition of the Agreement implementation’s guidelines and rules. Transparency and finance are key issues that need to be finished as soon as possible, but not later than COP23. Latin American countries need to start the revision of their NDCs to increases their current goals and to find clear pathways to achieve them. Including renewable energy transition in their NDCs is transcendental to ensure the success of their climate goals and energy access in the region. Most of the NDCs targets in the region are addressing both mitigation and adaption, in this sense the role of the Adaptation fund in the Paris Agreement should be rapidly discussed to contribute vulnerable climate countries. A clear framework for the accounting of both provider and recipient countries will enhance the transparency in the efforts. There is so much to do and the political momentum has passed, but civil society do not have to let down our guard” Gianfranco Ciccia, node coordinator Climate Action Network Latin America (CAN-LA)

 

“The good news is that country after country here in Marrakech made it crystal clear over the last week that they intend to implement and strengthen the Paris Agreement, regardless of whether the incoming Trump administration stays in Paris or decides to leave. Not one country has said that if President Trump pulls the U.S. out of Paris, they will follow. Numerous U.S. states, cities, and hundreds of companies have made clear their determination to stay the course on climate action. And yesterday, under the leadership of the King of Morocco, heads of state and ministers adopted the Marrakech Action Proclamation, calling for much greater ambition to meet the temperature limitation goals agreed in Paris." Alden Meyer, Director of Strategy and Policy, Union of Concerned Scientists

“The UN climate talks continue to be filled with twists and turns, but they have delivered what they needed to this week – putting substance behind the promise of the Paris Agreement so it can be fully implemented. The Marrakech work has not been the most glamorous, but it’s a key step in the chain reaction needed to roll out the agreement. Countries’ commitment to the Paris Agreement also passed its first stress test this week with the US election results. Unequivocally, they restated that they are in this for the long haul.
“But there’s a lot of work ahead of us. The emissions gap continues to grow between what science tells us is needed to protect the planet from the worst impacts of climate change and the goals and actions governments set in Paris. Urgently reducing emissions and preparing for the climate change impacts that are already affecting us are essential for the world’s future prosperity, safety and security.” Manuel Pulgar-Vidal, leader of WWF International’s Climate & Energy Practice

“The world came together in Paris to take unprecedented action to tackle the climate crisis, and in Marrakech, we came together to affirm that no individual country or leader has the power to derail that momentum. The Sierra Club is heartened by the committed resolve and continued dedication leaders around the world have shown to meaningful and lasting climate action. Climate leaders, activists, businesses, labor leaders, faith groups, environmental justice advocates, and youth leaders from across the globe convened in Marrakech with the goal of working to avert the worst effects of the climate crisis. In fact, nations are reaffirming their commitments, nearly 50 nations committed to going to 100 percent clean energy, and new research shows the U.S. is already on the path to meet key carbon reduction goals before they are even implemented. It is clear that this progress will not be stopped, even in the face of threats by President-elect Trump.” Michael Brune, Executive Director, Sierra Club

 

“The job here in Marrakech was to start writing the rulebook for the Paris Agreement and to take urgent action. But the issue of finance has thrown a spanner in the works. Although several countries have made welcome contributions to immediate finance needs, rich countries have been trying to wriggle out of their pledges to help poorer countries meet the costs of coping with impacts and greening their economies. Climate action will cost money that poorer countries simply don't have. The general message to developing countries is ‘you’re on your own.’
“In the planet’s hottest year ever, when parts of Africa are dealing with their worst drought in decades, rich countries’ willingness to leave developing countries in the lurch holds back climate action at a time when we need it most. “Without real finance, and drastic cuts in emissions from rich countries the planet doesn’t have a chance of staying under 1.5°C warming.” Harjeet Singh, global lead on climate change for ActionAid

“The COP outcome once again failed to meet the urgency of the climate crisis, but people-powered movements around the world aren’t going to let our leaders get away with a COP-out. In the last two weeks, hundreds of organizations banded together to stand up to all new fossil fuel development, and dozens of climate vulnerable countries committed to 100% renewable energy futures. Climate science, the Paris Agreement, and millions of people around the world demand an end to new fossil fuel development and a just transition to renewables.” Stephen Kretzmann, Executive Director, Oil Change International

“While the U.S. election could have derailed the negotiations, what’s happened in Marrakech has given hope that global action on climate change will not be deterred by isolated politicians. These negotiations’ outcome once again failed to meet the urgency of the climate crisis, but countries and social movements came together to keep pushing forward at a time when resolve is essential. The lessons of Marrakech are clear: Don’t look to bureaucrats or climate-denying Presidents to take the lead on global climate action. Look to the people in the streets and in communities around the world. These are the people-powered movements resisting fossil fuels and building a renewable energy future, and this is the path to victory.” David Turnbull, Campaigns Director, Oil Change International

“The shock of the U.S. elections has ignited a fiery determination to fight Trump’s regressive rhetoric on climate. A broad coalition of people and organizations is rising up and working together to keep dirty fossil fuels in the ground and stop dangerous and unjust projects like the Dakota Access Pipeline. We celebrate today’s announcement from the countries most affected by climate change to move rapidly toward 100% renewable energy. But we have yet to see this ambition matched by some other leaders in Marrakech. While the continued commitment to the Paris Agreement is heartening, this was not the COP of Action that we were promised. We urgently need more ambitious action from the USA and other developed countries to protect our environment and people around the globe from the grave dangers of climate change.” Clare Lakewood, Staff Attorney, Climate Law Institute, Center for Biological Diversity

“This was billed as a conference for action and implementation of the Paris Agreement. Instead, we saw a stubborn refusal from developed country ministers and negotiators to fill the adaptation finance gap and face the fact that the Agreement doesn’t fully protect lives that will suffer the most from climate change. Adaptation finance is not just an abstract numbers game. It’s about providing women farmers in Africa with seeds to plant drought-resistant crops and feed their families; it’s about building seawalls so millions who live in coastal areas survive rising sea levels. These countries are doing their fair share. The Climate Vulnerable Forum, a group of forty-seven countries most at risk, announced their commitment to 100 percent renewable energy. We need developed countries to live up to their end of the bargain.
“The Paris Agreement was undoubtedly historic, but millions of people facing extreme and erratic weather can’t afford to keep waiting. Oxfam hopes the 'Pacific COP' in 2017 focuses the world's attention on the risk that small islands in the Pacific and elsewhere face, and truly delivers the actions and support needed by climate-vulnerable people everywhere.” Isabel Kreisler, Oxfam International climate change policy lead

“The last two weeks has shown that Arab countries are taking Paris agreement seriously by Saudi Arabia ratifying the agreement before the COP and countries who already ratified or in their way of ratification. Some Arab Countries showed leadership in climate vulnerable forum like Tunisia, Sudan , Yemen and Morocco and more countries who joined this COP which are Palestine and Lebanon this shows the readiness for our region to take initiative on climate solutions.” Safa’ Al Jayoussi, CAN Arab World Co-Coordinator

“The Paris Agreement provides a good framework for climate action, but the Nationally Determined Commitments ambition is still insufficient and needs to be fixed urgently. We leave Marrakech with unfinished business.  Finance is still a major issue to be figured out as well as analyzing what the impacts of the United States election are. However, it is important to note that there has been a focus on creating new action here as well. It is clear that if the world is going to act on climate change now that countries need to step and do more”. Tina Johnson, Policy Director, US Climate Action Network

“The Marrakech summit showed that there is unstoppable momentum to put the Paris Agreement into practice, despite the outcome of the US elections. China especially seems ready to step into the looming vacuum. The EU also has to decide whether it wants to play a global leadership role in the coming years. There are major opportunities next year where we expect the EU and Germany to show leadership, like the G20 summit in Hamburg and COP23 in Bonn.” Christoph Bals, Policy Director, Germanwatch

“The most striking theme in Marrakesh was the continued commitment by countries and businesses around the world to moving forward on climate change despite the uncertainty that resulted from the election of Donald Trump. That continued commitment was clear in public statements and private assurances, in the constructive spirit of the negotiations, and in the actions of the several countries who formally joined the Paris Agreement in the last two weeks. The momentum that generated the Paris Agreement — and ensured that it entered into force in record time — can’t be derailed even by an earthquake as large as last week’s election. The direction the rest of the world is taking is clearer than ever. People around the globe are already seeing the impacts of climate change every day — from record-breaking heat to floods to costly storm damage – and they’re demanding a safer, cleaner, low-carbon future and the jobs and economic growth that future will entail.” Nathaniel Keohane, Vice President for Global Climate, Environmental Defense Fund

“It was fitting that on African soil it was the most vulnerable countries who showed the most leadership with their bold pledges to switch to 100% renewable energy as soon as possible. This is despite the fact that as poor and vulnerable nations with little historical responsibility for causing climate change, they were not required to act so quickly. The rest of the world now needs to harness this sentiment and follow suit by doing more to accelerate the low carbon transition we need to keep temperature rise to 1.5 degrees.
“Although momentum has continued it was good to be reminded that our current trajectory sends us into dangerous territory and the Paris Agreement will only be effective if nations continue to ratchet up their commitments. The key date is 2018 when countries should start doing that in earnest.” Mohamed Adow, Christian Aid’s International Climate Lead 

“The spirit of togetherness that made the Paris Agreement possible was alive this week in Marrakech, and it will become more important than ever in the coming months. What wasn’t as evident at COP22 was a common understanding of the urgent need to support developing countries at the necessary levels. Realizing the Paris Agreement’s goals and protecting the world’s most vulnerable communities requires an end to the petty disagreements on finance that so often stall progress. Canada has an opportunity to play a constructive role on this and many other issues. Indeed, it is clear that the world is now looking to Canada with renewed focus. It’s Canada’s time to show exceptional leadership on climate change and the drive to decarbonize the global economy.” Catherine Abreu, Executive Director, Climate Action Network Canada

“The world is finally seeing the urgency for collective climate action. The meeting in Marrakesh concluded as scientists confirmed 2016 will be the third consecutive hottest year ever while a climate denier has been elected to the White House. But we are seeing leadership take center stage from many directions. The Climate Vulnerable Forum countries have demonstrated what government leadership needs to look like by committing to meet 100% domestic renewable energy production as rapidly as possible. Yet climate leadership has consistently relied on people's power. Moving forward, the climate and social justice movements stand united and more committed than ever. The only way for real climate action is to stop all new coal, oil and gas developments, financing instead a just transition towards a 100% renewable energy future for all.” Payal Parekh, 350.org Global Program Director

“The last two weeks have seen a renewed determination to move ahead with the Paris Agreement. Here at the UN, countries have taken a small step together and some are already taking the giant leaps we need. 47 countries on the frontline of climate change are setting the pace, and their commitment to 100% renewable energy shows leadership and vision, just what we need from everyone.
“If governments are serious about the Paris Agreement, not a single new fossil fuel project can be licensed anymore. To avoid climate catastrophe we need to keep fossil fuels in the ground, protect our forests and oceans and shift to ecological agriculture and 100% renewable energy. We will be the generation that ends fossil fuels.” Jennifer Morgan, Executive Director, Greenpeace International

Hivos welcomes the reaffirmation of countries to move ahead forcefully to implement the Paris Agreement in spite of leadership changes in some countries. The most vulnerable countries in the Climate Vulnerable Forum have shown the true leadership  by committing to strive to be carbon neutral by 2050, meet a 100% domestic renewable energy production as rapidly as possible while working to end energy poverty and involve all stakeholders including civil society in the process. Hivos and its partners are calling on all countries to follow this leadership. These commitments have to be supported now by new, additional and adequate climate finance directed specifically for energy access through decentralized renewable energy." Eco Matser, Director Green & Inclusive Energy Programme Hivos

For more information: contact Dharini Parthasarathy, Communications Coordinator, Policy, CAN- International; email: dparthasarathy@climatenetwork.org, or call on +212600545716.

About Climate Action Network:
Climate Action Network (CAN) is a global network of over 1200 NGOs working to promote government and individual action to limit human-induced climate change to ecologically sustainable levels. www.climatenetwork.org

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Adaptation Finance: Final Stretch

It is no surprise that finance has been pushed to what ECO hopes is actually the last day of COP22. Until last night, an agreement to give the Adaptation Fund a future life under the Paris Agreement had not been found. ECO is well aware of the question marks many developed countries have about whether (or how) the Adaptation Fund should serve the Paris Agreement. Well, that can be sorted. Just decide to work it out. When? Next year.

ECO finds it unwise to leave COP22 without a clear political decision that the Adaptation Fund will serve the Paris Agreement. This would be seen as a blow to the spirit of cooperation and solidarity, which were so eagerly celebrated with the announcement of the Marrakesh Action Proclamation. Also the Fund holds significant importance to many, given the successful delivery of adaptation support.

As if this wasn’t enough for the final finance stretch of COP22, the long-term finance decision is also still in limbo. While developing countries are asking for increased adaptation finance, developed countries want to see their roadmap welcomed, even if that implies accepting their accounting methodology, which has considerable gaps. The delivery of the roadmap could be recognised as a contribution to enhance transparency in how developed countries intend to meet their US$100 billion goal.

That is, if Parties settle on wording that does not prejudge the outcome on the accounting modalities. Such recognition should conclude that planned increases in adaptation finance are obviously welcome, though balance between mitigation and adaptation finance have yet to be achieved. Developed countries must enhance their efforts to achieve that balance. Job done. What are you waiting for?  

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