Climate talks in Bonn resumed for the second and final week of negotiations. Meetings focused on the substance of the 2015 deal and continued with finance leading the day – the essential ingredient to ensure countries have the means to implement their climate action plans.
There were big pushes on the importance of finance for adaptation, on securing at least $US 15 billion dollars of additional climate finance by year’s end, and continuing to scale-up to the promised $US 100 billion annually by 2020. A number of governments made strong calls for innovative finance mechanisms, some of which – like a ‘Robin Hood Tax’ – could generate funds without relying solely on donor countries.
A parallel track of negotiations, aimed at scaling-up climate action in the near term, held meetings on adaption and mitigation opportunities for cities. It’s increasingly clear that cities hold some of the biggest opportunities for closing the gap between our current emissions trajectory and what science tells us we need.
Meetings of the UNFCCC’s subsidiary bodies have continued as well. As we look ahead to the coming days, the Climate Action Network (CAN) has a great round-up on what still has to happen from their perspective.
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The Climate Justice Programme presented their discussion paper linking the companies responsible for the lions share of emissions to the Warsaw International Mechanism for Loss and Damage.
Speaking at the event, Saleemul Huq made a fiery case for why the idea of big emittors paying for the victims of their carbon pollution is long overdue. The paper argues that companies with biggest emissions, dubbed ‘Carbon Majors,’ should pay at least a small levee from their profits to compensate for the harm they cause to the most climate vulnerable and impacted communities.
Civil society groups inside the negotiations awarded Australia the dubious honor of ‘Fossil of the Day’ for efforts by the country’s Prime Minister to form an alliance of “like minded” countries opposed to climate action, already dubbed by some as a new “flat earth society.”
In the news
The Tree is highlighting a new report published by consultants Ernst & Young that describes how switching from dirty energy to renewables could reduce Europe’s dependence on energy imports, drive economic recovery and help the bloc meet its climate change targets.
Could China announce a shift away from coal at the Ban Ki-Moon climate summit in September? The China dialogue’s Li Shou breaks down the possibilities.
Kiribati President Anote Tong who argued that his country faces “total annihilation” as a result of climate change.
Ziona Eyob paints a stark picture of health and development in Nigeria, linking indoor pollution as a result of firewood and kerosene lamps to the deaths of 98,000 women in Nigeria.
RTCC’s Sophie Yeo reports that clarity on the Green Climate Fund is still missing in the Bonn negotiations – missing by an odd billion dollars or so.
Our favorite Polish Tracker published this detailed piece on the the Green Climate Fund andthis lovely timeline linking Bonn to Lima and Paris 2015. The Adopt a Negotiator project also published some pictures from the day.
CAN International is posting daily ECO newsletters with reflections and advice from civil society aimed at negotiators.