The new agreement to be finalized at COP 21 in Paris will focus on post-2020 action. Governments have already put forward their ambition for the pre-2020 phase by committing to the 2nd commitment period of the Kyoto Protocol as well as putting forward mitigation actions. However, the ambition reflected in these commitments and actions leaves a gigaton gap where actions on climate change fall short of what science deems necessary to close this gap not only in mitigation but also in means of implementation (MOI) including finance, technology, and capacity building resources from developed to developing countries. The following are some steps governments need to take in Lima in order to build a strong foundation for the 2015 agreement.
KEY DECISIONS TO BE TAKEN AT COP 20 FOR INCREASING PRE 2020 AMBITION ON MITIGATION AND FINANCE
- COP 20 should urge all countries to revise their pre 2020 mitigation commitments and actions.
- COP 20 should mandate ADP to develop a 2-year work plan from 2015-2017 with concrete steps on how the work to close the gap would be undertaken and how discussions would be translated into real actions.
- COP 20 should enhance the TEMs with a new and increased mandate to focus not just on high potential mitigation actions but also on means of implementation for realizing these actions.
- COP 20 should capture contributions made, assess the adequacy of existing pledges, and discuss a future target level of annual contributions to the GCF to be reached, for example, by 2020.
- COP 20 should decide that developed countries, and other countries in a position to do so, should continuously increase annual contributions to the GCF to reach the desired target level.
- Ministers in Lima should agree to collectively draw up a global climate finance roadmap towards 2020 that will include information on (a) the scaling up of public finance through to 2020, (b) types and instruments of finance to be deployed, and (c) channels, sources and sectoral distribution between adaptation and mitigation, with a view to help ensure predictable and scaled up finance and intermediate milestones.
- Ministers in Lima should reflect on more sustainable funding sources for the adaptation fund. Developed countries should use Lima to pledge at least $80 million to the adaptation fund.
- The Structured Expert Dialogue (SED) should discuss the IPCC Synthesis report in light of ‘progress made towards achieving the ultimate objective of the convention’.
- The Joint Contact Group (JCG) for the 2013-2015 Review should conclude that based on scientific evidence, pre 2020 actions as currently committed by governments are inadequate and should be revised.