Developing countries announce plans for five points to demand climate funding before COP26-Technology News, Firstpost

Agence France-PresseJuly 16, 2021 12:49:50 IST

Countries most vulnerable to the effects of global warming on Thursday called for rich countries to fulfill their promise to fund the fight against climate change prior to the critical UN summit.

Emphasizing “concerns about lack of urgency” at the recent G7 and G20 summits, dozens of countries have already been affected by extreme weather events at the COP26 talks in Glasgow later this year. He said he needed to provide support to the community.

Increasing warnings from scientists and climate change are gaining international attention, putting pressure on representatives to achieve meaningful results.

Glasgow’s to-do list is just as daunting.

In addition to completing a rulebook to implement the 2015 Paris Agreement, countries will give vulnerable countries $ 100 billion annually to reduce emissions and adapt to climate effects in 2009. Is expected to fulfill its promise.

“By 2020, at least $ 100 billion is promised annually, and the annual amount has increased since 2025,” each country wrote in COP26’s five-point plan.

These include Kenya, Ethiopia, Gabon, Somalia, Philippines, Bhutan, Tanzania and Bolivia.

“But if developing countries can continue to negotiate with the richer countries at COP26, this goal has not been achieved and needs to be corrected urgently.”

They also called for at least 50% of the money to be allocated to future climate adaptation, and separately to the “losses and losses” already inflicted on poor countries by the historic emissions of rich economies.

The Paris Agreement promised that countries would limit global temperature rise to “far below” 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels through significant emission reductions.

The Accord is also aiming for a more ambitious temperature limit of 1.5 ° C.

However, six years after the deal was signed, some issues remain unresolved.

These include how the carbon market is managed and how climate finance is accounted for and reported.

The plan was developed by government ministers, negotiators and climate change activists from Africa and Southeast Asia, calling on richer countries to make a “fair distribution” of emission reductions.

This includes paying historic polluters to rapidly decarbonize their economies and do the same for the poorest countries with the least responsibility for the climate crisis.

Lack of keeping promises

Developing countries said rich emitters also need to agree on the final details of the Paris rulebook as a priority.

Fekadu Beyene of the Ethiopian Environmental Forest Climate Change Commission said:

“What does it mean to agree to a new set of promises if we don’t keep our promises?”

Mohammed Adow, director of Powershift Africa, a Nairobi-based energy and climate think tank, said five plans in both countries “launched a starting pistol” in COP26 negotiations.

“These factors are necessary to address the challenges of the planet we heat up and their devastating climate impacts,” he said.

The United Nations states that emissions must be reduced by more than 7% each year by 2030 to maintain the 1.5 ° C temperature target for Paris.

The blockade of Covid-19 and travel restrictions caused emissions to plummet in 2020, but global warming CO2 levels continue to rise more than ever.

Tasneem Essop, Executive Secretary of the Climate Action Network, said COP26 is an unprecedented test of the will of world leaders to tackle the crisis.

“COP26 will be a moral and practical test that defines the legacy of political leaders. We have won the badge of honor and our demise by maneuvering the world over this critical time. I’m ashamed to have been involved in