Deadline for action on climate change is over
Bonn / Madrid, 29 November 2019 : As the emergence of global climate change intensifies and greenhouse gas emissions continue to rise. Governments will therefore meet in Madrid for the UN Climate Change Conference COP25 (2-13 December 2019) to take the next crucial steps in the UN climate change process.
COP24 Earrings Vs. Climate Change
Expectations for this meeting are high, especially for the approval of article 6 pending COP24. internationalization of carbon markets.
The conference will take place under the Presidency of the Government of Chile and will be conducted with the logistical support of the Government of Spain.
Patricia Espinosa, UN Executive Secretary for Climate Change, said: “The world’s small window of opportunity to address climate change is rapidly closing. We must urgently deploy all multilateral cooperation tools to make COP25 the launchpad for greater climate ambition and put the world on a transformative path to low carbon emissions and resilience,” he said.
Last year, at COP24 in Poland, most of the implementation guidelines for the Paris Agreement were agreed, with the exception of Article 6 of the Paris Agreement.
Article 6 is to provide guidelines on how international climate markets will work as a key component of the world’s economic toolbox for addressing climate change.
Approaches to COP25
Other areas of focus at COP25 will include adaptation, loss and damage, transparency, finance, capacity building, indigenous affairs, oceans, forestry, gender and more.
In particular, the provision of financing and technology is crucial for developing countries to ecosystem their economies and build resilience.
“While we have seen some progress on climate-related financing for developing countries, we will continue to urge developed nations to deliver on their promise to mobilize $100 billion annually by 2020,” Ms. Espinosa said. “We must also see that global global finance flows reflect the profound transformation we need across society: far from heavy carbon investments and towards more sustainable and resilient growth. The drops in the bucket are not enough: we need a radical change.”
COP25 to set the stage for enhanced NDCs
By 2020, nations must submit new or updated national climate action plans, called Nationally Determined Contributions or “NDCs.” They are a great opportunity for countries to structure specific actions and gain financial and technical support.
According to the United Nations Environment Programme’s 2019 Emissions Gap Report published this week. Unless global greenhouse gas emissions fall by 7.6% each year between 2020 and 2030. The world will miss the opportunity to move towards the 1.5 c temperature target of the Paris Agreement.
The 1.5 º C challenge
This means that collective ambition would need to increase more than five times above current levels to achieve the cuts needed over the next decade for the 1.5 º C target.
“Today’s NDCs remain inadequate,” said the Espinosa Executive Secretary. “If we stay on our current trajectory, it is estimated that global temperatures could more than double by the end of this century. This will have enormous negative consequences for humanity and threaten our existence on this planet. We need an immediate and urgent change of trajectory.
It is possible, but to stabilize the increase in global temperature by 1.5 degrees Celsius by the end of this century, we need to reduce emissions by 45 by 2030 and achieve climate neutrality by 2050. It is an extremely difficult challenge, but meeting it is absolutely necessary for the health, safety and protection of everyone on this planet, both in the short and long term.”
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With regard to increasing ambition, COP25 will be informed by the results of the New York Climate Summit in September and Climate Weeks in Africa, Asia and Latin America, jointly organized by the UN Climate Change this year.
“At these key events, we saw a huge wave of action, with many contributions from non-party governments and stakeholders, including regions, cities, businesses and investors. Their contributions are crucial to driving the transformation we need, said the Espinosa Executive Secretary.
At the New York Climate Summit, Chile launched an Alliance for Climate Ambition that brings together nations to improve action by 2020. As well as, to those who work to achieve net zero CO2 emissions by 2050.
With 197 Parties, the United Nations Framework Convention on Climate Change (UNFCCC) has almost universal membership and is the main treaty of the 2015 Paris Agreement on Climate Change. The main objective of the Paris Agreement is to maintain an increase in global average temperature in this century well below 2 degrees Celsius and to boost efforts to limit the temperature increase further to 1.5 degrees Celsius above pre-industrial levels. The UNFCCC is also the main treaty of the 1997 Kyoto Protocol. The ultimate goal of all agreements under the UNFCCC is to stabilize greenhouse gas concentrations in the atmosphere at a level that prevents dangerous human interference with the climate system, within a time frame that allows ecosystems to adapt naturally and enable sustainable development.