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It’s all about the money this year
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Success in climate negotiations this year hinges on adequate financial commitments from the Global North towards the South
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Bonn Conference will advance the work on how countries can cooperate to fulfil their nationally determined contributions to address climate change
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The Mitigation Work Programme can be a constructive space for developing countries to lay out their financing and technologies needs for an equitable energy transition
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The funding sources should be expanded to include innovative sources such as taxes and levies
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Parties could not agree on adaptation, mitigation, Global Stock Take and equity among other things
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For countries of the Global South, the focus should be on the lack of concessional finance to drive the energy transition
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20-nation group point to global impacts on world’s ice sheets, glaciers and cryosphere
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Experts worry investments in CCS could rob funds from renewable energy projects
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Adaptation, finance and pre-2020 implementation gap highlighted at Bonn Climate Conference
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There can be no discussion on enhancing mitigation ambition in developing country Parties without an accompanied discussion on enhancing financial support ambition from developed country Parties, they said
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Indigenous peoples should be leaders of climate actions and not victims of climate policies, Indian indigenous leader Archana Soreng told DTE
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Lobbyists are there to push the agenda of fossil expansion forward to continue to rake in profits, notes research
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Parties and chairs of the SBI and the Subsidiary Body for Scientific and Technological Advice have gone back into huddles to decide on the way forward with the possibility that the SB 58 conference may end without a formal agenda adopted
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The GGA is being framed as a global target for countries and communities to aspire and take guidance from, something which is proving difficult
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Developing countries, led by the G-77 and the Like-minded Group of Countries, argued why the outcome of the global stocktake process should be based on equity and common but differentiated responsibilities
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Quantum of new climate finance goal should be based on needs of developing countries, backed by science & tied to specific outcomes, outputs
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Many of the crucial agenda items, such as the Global Stock Take, Global Goal on Adaptation and the hosting of the Santiago Network for Loss and Damage, among others, did not see much progress
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