With over 50 INDC submissions, representing more than 60% of global GHG emissions, it’s already clear that the ambition underpinning those contributions will be far from sufficient to keep warming below 1.5°C. Parties need to urgently address this huge ambition gap. To ECO, it is obvious that a robust and legally binding ambition mechanism with 5-year commitment periods should be at the heart of the future climate regime. The first step is to agree a 5-year timeframe for commitments, as it will help secure stronger commitments, and this should be clearly established in the core agreement text. Countries also need … Continue reading Unlock Ambition with the Keys to Success: 5-Year Cycles and Robust Ratchet Mechanism