Today, Parties will get to hear both the urgency of the crisis as well as the feasibility of achieving a 1.5C pathway straight from the horse’s (or in this case scientist’s) mouth at the SBSTA-IPCC special event on the SR1.5. While ECO does not want to steal the IPCC’s thunder, ECO did want to highlight a few key points from the report.
ECO 2, COP24, English
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On Monday, the World Bank released news of its post-2020 climate action, to cover 2021-2025.
The announced USD$200 billion is good news. Quite a lot of zero-carbon resilient-infrastructure building good news, in fact, and the Bank has doubled its existing climate finance commitment. The World Bank (minus the IFC) has also committed to 50% for adaptation. Did other MDBs hear that?
Oh crap – that’s smoke. We ventured outside and were choked back inside by the acrid burn smell of fresh fire. Where was it? Nearby? In our neighbourhood? Fear took hold as the sky closed in.
ECO welcomes today’s SBSTA special event on the IPCC Special Report on 1.5°C as one of the key opportunities to introduce the results to UNFCCC. But ECO thinks this can only be the start.
ECO congratulates all Parties who participated in the multilateral assessment and facilitative sharing of views workshops yesterday. ECO offers special congratulations to China and Jordan for participating in the process for the first time! ECO hopes that these experiences help with the transition to the review process, to be established under the Paris Agreement.
Plaster of Paris’ widespread use for molds, casts, and ornamental work is derived, in part, from the fact that it does not crack. According to the Internet (which is never wrong), this construction material derives its name from the fact that its source material, a fine white powder, has historically been found in abundance right outside of Paris.
The renewed, upward march of global carbon emissions is worrying and a big step backwards in the fight against climate change. Here at the COP, ECO is all too aware that the more we exceed 1°C of warming above pre-industrial levels the greater the impacts on poor people and ecosystems.