Ac­tions: ‘Solid re­sult’ de­liv­ered amid de­bate

China Daily (Latin America Weekly) - - Top News -

While some de­vel­oped coun­tries ar­gued that the South should in­crease trans­parency in ful­fill­ing their Na­tion­ally De­ter­mined Con­tri­bu­tions, or pledges each coun­try made for post-2020 emis­sion re­duc­tion tar­gets, del­e­gates from the de­vel­op­ing world said they lack the ca­pa­bil­ity and should be of­fered more fi­nan­cial as­sis­tance.

The Ka­tow­ice pack­age in­cludes guide­lines that will put into op­er­a­tion a more trans­par­ent frame­work. It sets out how coun­tries will pro­vide in­for­ma­tion about their NDCs. This in­for­ma­tion in­cludes mit­i­ga­tion and adap­ta­tion mea­sures as well as de­tails of fi­nan­cial sup­port for cli­mate ac­tion in de­vel­op­ing coun­tries, ac­cord­ing to the UN frame­work.

The pack­age also in­cludes guide­lines re­lated to the process of es­tab­lish­ing new fi­nanc­ing tar­gets from 2025 on­ward to fol­low from the cur­rent tar­get of mo­bi­liz­ing $100 bil­lion per year from 2020 to sup­port de­vel­op­ing coun­tries, it added.

“The guide­lines that del­e­ga­tions have been work­ing on day and night are bal­anced and clearly re­flect how re­spon­si­bil­i­ties are dis­trib­uted among the world’s na­tions,” Pa­tri­cia Espinosa, the UN’s cli­mate chief, was quoted as say­ing in a UNFCCC me­dia re­lease.

“This is an ex­cel­lent achieve­ment. The mul­ti­lat­eral sys­tem has de­liv­ered a solid re­sult. This is a road map for the in­ter­na­tional com­mu­nity to de­ci­sively ad­dress cli­mate change,” she added.

With re­gard to a re­cent UN re­port that warns of the risk of global warm­ing, oil-ex­port­ing coun­tries dif­fered in their opin­ions with small is­land states — ones that are most vul­ner­a­ble to the cli­ma­to­log­i­cal phe­nom­ena.

In Oc­to­ber, the UN In­ter­gov­ern­men­tal Panel on Cli­mate Change is­sued a spe­cial re­port that high­lighted a num­ber of out­comes that could be avoided by lim­it­ing global warm­ing to 1.5 C, in­stead of the 2 C goal set in the Paris agree­ment.

The re­port con­cluded that it re­quires a dra­matic over­haul of the global econ­omy, in­clud­ing a shift away from fos­sil fu­els, to main­tain global warm­ing be­low 1.5 C by the end of the cen­tury.

Alarmed by ef­forts to in­clude this in the fi­nal text of COP24, some oil-ex­port­ing na­tions, in­clud­ing the United States, Rus­sia, Saudi Ara­bia and Kuwait, blocked an en­dorse­ment of the IPCC re­port mid­way through ne­go­ti­a­tions, which trig­gered up­roar from small is­land na­tions and en­vi­ron­men­tal groups.

As a com­pro­mise, the fi­nal COP24 text merely wel­comes the “timely com­ple­tion” of the re­port rather than its con­clu­sions. Ne­go­tia­tors, how­ever, agreed to dis­cuss more am­bi­tious plans at a UN sum­mit in New York in Septem­ber.

Par­ties also failed to reach con­sen­sus on the use of co­op­er­a­tive ap­proaches so that coun­tries could meet a part of their do­mes­tic mit­i­ga­tion goals through the use of so-called “mar­ket mech­a­nisms”, ac­cord­ing to the UN fram­work.

“From the be­gin­ning of the COP, it very quickly be­came clear that this was one area that still re­quired much work and that de­tails to op­er­a­tional­ize this part of the Paris agree­ment had not yet been suf­fi­ciently ex­plored,” said Espinosa.

“Af­ter many rich ex­changes and con­struc­tive discussions, a great ma­jor­ity of coun­tries were will­ing to agree and in­clude the guide­lines to op­er­a­tional­ize mar­ket mech­a­nisms in the over­all pack­age”, she said.

“Un­for­tu­nately, in the end, the dif­fer­ences could not be over­come,” she added.

Coun­tries have agreed to fi­nal­ize de­tails for mar­ket mech­a­nisms at next year’s UN cli­mate change con­fer­ence, which is sched­uled to take place in Chile.

AP con­trib­uted to this story.

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