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We ain’t wastin’ time: Time to Get Real About the Adoption Fund
13 Nov 2017
It seems as if developed nations spent the first week of COP 23 listening to the song “Sitting On The Dock Of The Bay” by Otis Redding. ECO is astonished! At this Pacific COP, developed countries have been wasting time looking for arguments to avoid recognizing the urgency to increase support for loss and […]
Loss and damage finance seeking a home
11 Nov 2017
In an ironic twist, loss and damage finance seems to be suffering from displacement. ECO hears that developed country delegates keep trying to shunt the issue of loss and damage finance into some mythical “elsewhere”, claiming that discussions on the WIM were not the right place for it. ECO reminds delegates that 2/CP19 is a […]
A valuable step to increase ambition
11 Nov 2017
ECO likes to recall success stories and is eager to replicate them. A big success story was the Structured Expert Dialogue (SED) under the 2013 – 2015 Review. The task of the SED was to consider new science (especially from the Fifth Assessment Report of IPCC) and send the new intelligence in a condensed way […]
The EU ETS reform, and what does this mean for the carbon markets?
11 Nov 2017
Early Thursday morning, EU institutions reached a final agreement on the reform of the bloc’s carbon market for the period 2021 to 2030. Covering around 40% of EU’s greenhouse gas emissions from the energy, industry and aviation sectors, the EU Emissions Trading System (ETS) is currently the largest cap and trade carbon market in the […]
A Declaration about Climate Damage
11 Nov 2017
ECO, with our usual nose-to-the-ground ability to stay up to date on the latest and greatest, has heard of an exciting new intervention in the loss and damage space. More than 50 civil society groups, and notable people, have just released a Climate Damages Declaration €“ calling on countries to agree on a two-year workplan […]
Fossil of the Day: ICAO
11 Nov 2017
ECO is pretty impressed with the speed at which ICAO is checking off rules for their climate measures. We are going to have to figure out how to adapt when airlines start buying offsets and biofuels from countries with Paris pledges. Parties are counting all their emission reductions towards their climate targets. If airlines are […]
TONIGHT: CAN Party!
11 Nov 2017
from 9:00 pm to 5:00 am Kurfürstenallee 1, 53177 Bonn – Bad Godesberg. Please, do not forget to
Why pre-2020 action matters for Paris
10 Nov 2017
After yet another year of extreme weather events, which devastated many communities across the world, it is clear that urgency of action has become more than a slogan €“ it is a reality! Delivering on promises of action and support in the pre-2020 period is not only fundamental to maintain trust among Parties (though it does that as well); to […]
Let it shine – “in the light of equity” in the Global Stocktake
10 Nov 2017
The negotiations on the Global Stocktake (GST) represent a key opportunity to advance one of the most unfinished areas of the Paris Agreement — differentiation and equity in the new regime. It’s an opportunity that we better take seriously, because right now we’re in danger of sliding back into unhelpful old patterns; instead of exploring […]
Transparency: Seeing Through the Magnifying Glass on Item Five
10 Nov 2017
With all the talk of “skeletons” in the APA informals, ECO knows that the enhanced transparency framework will be the true “backbone” of the implementation guidelines of the Paris Agreement, providing instructions for the reporting and reviewing of Parties” commitments and actions. The transparency framework needs to have strong bones if it’s going to truly support […]