Author: Ryan Callihan (Page 2 of 2)

The Implementation COP

After the excitement coming out of Paris, with a brand-new agreement that brought the world together to combat climate change, the COP has returned to its usual slow pace here in Marrakech. The talk is centered on celebrating entry to force how to effectively implement the Paris Agreement going forward. While these kinds of talks are not as exciting as last year they are immensely important in successfully reaching the goal of limiting warming to 1.5-2 degrees above pre-industrial levels.

There is a lot of work that needs to be done to finalize the rule book for Paris especially after such rapid entry into force. For reference the Kyoto Protocol did not reach entry into force until 2005 (8 years after its adoption in 1997). The talk here has been much more urgent, focusing on finalizing the rule book by 2018 at COP24 at the latest. While 2 years may seem like a long time to some, it is extremely quick compared to the pace that international negotiation usually take place.

Source: www.amcadd.org

Source: www.amcadd.org

One of the main topics under discussion here in Marrakech is the need to establish how the pledge and review process in the Paris Agreement is going to work. The idea behind the Paris Agreement is to have all countries submit nationally determined contributes (NDC) to reduce GHG emissions — the pledge process. It is then up to the international community to review these pledges to make sure they are ambitious enough to meet the agreement temperature reduction targets and that the countries are achieving their contributions.

Every five years’ countries are supposed to revise and increase their NDCs. Processes need to be finalize so that both steps of the pledge and review can be successfully implemented. Countries need to be held accountable at the international level to both commit to ambitious enough levels of reductions and to meet their commitments with appropriate domestic policies.

As I write this I’m sitting here in the main plenary hall listening to various country delegates speak. They are all focused on what actions their countries are committed to and what they would like to see happen at the COP. It is fascinating to listen to the commitment by the Least Developed Countries (LDC) and Alliance of Small Island States (AOSIS) to moving progress forward as quickly as possible. They consistently refer to the meetings as the “actions COP” and stress the need to finalize the rule book by 2017. For many of these countries even 1.5 degrees warming represents drastic changes to their countries and livelihood. The momentum that has been gained from the Paris Agreement must be continued and not squandered in the usually slow progress of multilateral negotiations.

Key Issues in Climate Finance @ COP22

Now that COP22 has kicked off there will be several key issues to pay close attention to over the next week. How the Paris Agreement is implemented and put into practice will be a pivotal part of determine its success. To me the most important issue that will be discussed is climate finance because it is at the very heart of a successful implementation of the Paris Agreement. Developing countries need money, and lots of it, to be able to adapt to the impending effects of climate change and develop into low carbon economies to help mitigate those outcomes. Coming out of Paris the developed countries pledge to mobilize USD 100 billion dollars annually by 2020 for “climate-specific” finance. How they plan on meeting this goal will be an interesting topic to keep an eye on.

Source: Climate Policy Obersver

Source: Climate Policy Obersver

The Standing Committee on Finance (SCF) released its “Biennial Assessment and Overview of Climate Finance Flows” last Monday with several recommendations for the COP. These included:

  • Encouraging enhanced availability of country-level data on financial contributions
  • Increasing ability to track private financial flows
  • Make information available on investment needs in developing countries
  • Invite multilateral climate funds to continue working to further harmonize methods for measuring climate finance and to advance comparable approaches for tracking and reporting on impacts.

This shows the pressing need for increased transparency  and clarity in climate financial flows. The job of the countries will be the mobilize the funds, but the job of the COP will be to clarify how to track those flows accurately.

The Paris Agreement also called for a balance of support between adaptation and mitigation funding. The most recent reporting to the UN shows that only 14% of bilateral funding goes to adaptation measures in 2014. There needs to be a clear commitment and plan of action in Marrakech on scaling up adaptation funding and meeting the Paris goals.

After the US election results coming in and hearing that Trump has promised to stop all funding to climate change it will be intersting to See how this affects the negoiations. How all these issues sort themesleves  out will be a telling sign of the success of COP22.

Sources:

http://unfccc.int/files/cooperation_and_support/financial_mechanism/standing_committee/application/pdf/2016_ba_summary_and_recommendations.pdf

http://www.cop22-morocco.com/news/5-climate-finance-topics-to-watch-at-cop22-in-marrakech-84.html

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