Redefining Our Standards and Narratives on Climate Finance
From nine options down to two on common time frames for NDCs! It seems the Switzerland/Rwanda ministerial pair was able to cut through the noise and get right to the heart of the matter–some countries want a common time frame that aligns with the five-year cycles of the Paris Agreement while others are happy with the status quo.
ECO will be brief. We have long supported the common-sense five-year time frame. And most Parties do, too. ECO will not waste your time with a repetition of our arguments and wonders whether you used your time constructively during the consultation yesterday. The response to the final question before you now is pretty straightforward: you must choose five years and a 2035 time frame for the next NDCs.