More than 40 major businesses and trade associations are demanding more climate ambition and a bold implementation of the Paris Climate Agreement in Germany. The companies, from a large variety of sectors, are encouraging the German government to adopt a long-term Decarbonisation Plan with a climate target at the upper end of the current target range of an 80 to 95 per cent reduction in greenhouse gases by 2050. Businesses need interim sector targets for the power, buildings, industry, transport and agriculture sectors, write the signatories, amongst them the construction major Hochtief, the electricity producer EnBW, the retailer Metro and Commerzbank. The declaration was coordinated by the business associations Foundation 2° and B.A.U.M. as well as the development and environment NGO Germanwatch.
Africa is the continent that was hit hardest by extreme weather events in 2015. According to the 12th edition of the Global Climate Risk Index, four out of the ten most impacted countries globally are African: Mozambique (Rank 1), Malawi (Rank 3), Ghana and Madagascar (both Rank 8). "Especially flooding affected the hosting continent of this year's climate summit", says Germanwatch's Sönke Kreft, main author of the Index. Heat waves claimed most lives last year. More than 4,300 deaths in India and more than 3,300 deaths in France show that both developing and developed countries are impacted by extraordinary temperatures. Kreft: "Increases in heavy precipitation, flooding and heatwaves are to be expected in a warming world."
Boris Schinke, Senior Advisor Energy and Development, interviewed Safa Al Jayoussi, head of the Climate and Energy campaign of the NGO "Indyact" based in Lebaon and Jordan. She is also the co-coordinator of the Climate Action Network Arab World.
Since the 2015 adoption of the UN’s Sustainable Development Goals and the success of the Paris Agreement under the UN Framework Convention on Climate Change (UNFCCC), it has become clear that “business as usual” is no longer an option for neither industrialized countries nor the developing world. Both the Agenda 2030 and the Paris Agreement (PA) entail substantial consequences for the world financial system. Mobilizing the massive investment required for climate resilient, low-carbon infrastructure and development, transforming the world economy and hedging the climate-related risk to the financial system form formidable challenges to the public and the private sector alike.
In December 2015 the Paris Agreement was adopted, in November 2016 it will come into force. A transformation of the energy-, transport- and agricultural sector is needed, to be able to implement the goals agreed upon and to limit global warming to 1.5°C/well below 2°C.
The Adaptation Fund Board successfully concluded its 28th Meeting in Bonn, Germany from 4–7 October 2016 only a month before the twenty-second session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) which will be held in Marrakech, Morocco. The meeting encouraged reflections on how to fully enhance dissemination of knowledge and experiences generated by the Fund in order to leverage the understanding about its relevance and contributions to adaptation efforts of nations and communities worldwide facing the adverse effects of climate change.
This is the Climate Finance Advisory Service (CFAS) Daily Briefing. Produced at key meetings and negotiations by the CFAS expert team, the Daily Briefings try to provide a concise, informative update on key discussions that have taken place at each day of the meeting and give an overview of substantive points of action or progress.
India made the world news today, on October 2nd - Gandhi's brithday, a special day for India - by submitting its ratification of the Paris climate agreement to the United Nations. With India formally joining the agreement, it not only accepts its obligations under the agreement, but also brings the agreement one step further towards entry into force. Ratification by India signals a new, more active role, in international climate policy, building on progress achieved at the domestic level. The coming years will be crucial to confirm India's development path in a greener and more sustainable direction. Partnerships with countries like Germany will be essential to enable this transformation.
In August 2016, the Adaptation Fund has recorded its second largest number of proposals in its history. A number of 31 concept and project proposals have been received to be considered by the Adaptation Fund Board at its 28th Meeting scheduled in October 2016 in Bonn, Germany. This request amounts to US$ 208.6 million from various types of accredited implementing entities wishing to access the funds. It is obvious that the Fund provides an important function to assist developing countries in their efforts towards concrete local measures against climate impacts. Developed through a civil society lens, this briefing outlines selected talking points on agenda items that are to be discussed at the 28th meeting of the Adaptation Fund Board, and suggests some key recommendations as well.
After reaching full operationalization in 2015, the Green Climate Fund (GCF) is gradually moving from a design phase into the actual implementation of projects and programmes to address the adverse effects of climate change in developing countries. To reach its ultimate objective of achieving a paradigm shift towards low-carbon and climate-resilient development, these projects and programmes need to be imbedded in national development strategies and require the involvement of all national actors to be truly country-owned.