CAN News Blog
The countdown to COP22 will intensify at the Ministers meeting on 17 October intended to clarify key issues before the conference. The incoming Moroccan presidency and outgoing French presidency have prepared a handy Q&A for Ministers to come prepared to the meeting. ECO has answered the most relevant questions for you exclusively in this issue of ECO.
Mobilisation of means of implementation
1) What to expect for the roadmap towards the USD 100 billion?
Like all good financial tools and plans, the roadmap needs to have clarity and predictability. It needs to provide an accurate and detailed forward-looking account of how the US$100 billion will be mobilised in addition to the existing efforts being made. This should include the types of instruments, sources, channels, etc. as well as public-private leverage ratios. ECO has said it dozens of times: greater clarity on financial support to mitigation and adaptation will generate confidence in developing country Parties. It will also showcase the amount of finance flowing in the coming years by 2020 which will help developing countries integrate NDCs into their planning and implementation. Of particular note would be building on the OECD’s 2015 report on progress towards the $100 billion goal. This means grants should be reported at face value and present net positive flows into developing countries.
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October started with a real bustle of activity! This month, the Paris Agreement became one of the most swiftly ratified international treaties in history as it crossed the second of two thresholds required to enter into force, which will now occur on 4 November 2016. Expedited action by the European Union and seven of its member states (Austria, France, Germany, Hungary, Malta, Portugal and Slovakia) as well as Bolivia, Canada and Nepal ensured that the global community sailed past the Agreement’s emissions threshold.
Since the Paris Agreement opened for signature on 22 April, ratification has occurred at a breakneck speed. In just 5 short months, 73 countries representing nearly 57% of global emissions have joined the Paris Agreement, signalling their intent to continue the spirit of Paris and work together to address climate change.
The Agreement further provides that the first meeting of the Parties to the Paris Agreement referred to as CMA1—we can never get enough acronyms—will be held in conjunction with the next COP, next month in Marrakech.
This will be a significant for a number of reasons. CMA1 will be the first meeting of the governing body, which has authority over all substantive, procedural, administrative and operational matters.
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As we approach the yearly Pre-COP and COP feast, this time with a Moroccan flavour, here is how working in other fora can strengthen ambition and action in the UNFCCC. With ICAO, Montreal Protocol, G20, and not to mention all of the synergies with the SDGs there is so much more on the menu. In this brave new world of implementation and global action, the emphasis must not only be on the ingredients of the tajine, but also what you serve it with. ECO has 5 serving suggestions
A handful of HFCs:
Like giving up sugar, it’s hard to go cold turkey on HFCs. However, ECO hopes for a Kigali special this October that finally kicks the HFCs habit. All that’s needed is Montreal Protocol Parties to adopt an ambitious amendment to phase-down HFCs and improve energy efficiency. The most scientific chefs estimate a phase down of these potent greenhouse gases could avoid more than 100 billion tonnes of CO2 equivalent by 2050 which is equal to about 0.5ºC of warming.
An ounce of aviation:
At its recently concluded 39th Assembly in Montreal, the International Civil Aviation Organisation has reached the world’s first agreement to limit emissions from international aviation—a deal that will be voluntary until 2027.
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