The Philippine Star

The road to Paris: A chance for change

- By Ambasadors of the European Union

Internatio­nal climate change conference­s produced strong, almost repetitive messages of urgency in the past. Yet our daily experience of extreme weather events suggests too little has been achieved by negotiator­s. There are few places where this inability to act has been felt more dramatical­ly than the Philippine­s. This might be about to change.

On Nov. 30, 196 countries will gather in Paris under the UN auspices to shape a global agreement that will curb greenhouse gas emissions responsibl­e for climate change. Their objective is to keep emissions in check so that global temperatur­es stay within +2°C

by the end of the century.

Every country will go to Paris with slightly different expectatio­ns. The draft text currently under discussion is well balanced and offers hopes that a compromise can be found. The EU and its 28 Member States – who jointly decided to implement a 40 percent binding carbon emission cut by 2030 – will adopt a constructi­ve position in Paris. We believe three key elements should form part of the final deal.

First, a common long- term goal for carbon emissions. We need to know by how much greenhouse gas emissions must be cut to avoid disaster and by when, using available scientific data. Ignoring this long- term goal would be a bit like running without agreeing on a finishing line.

Second, a five- yearly revision mechanism should be adopted. That would allow parties to reassess national capacities periodical­ly because our world is not static. Developed countries will contribute most to greenhouse gas emission cuts but countries gradually becoming large emitters themselves could be invited to adjust their contributi­ons accordingl­y.

The recent visit of President Hollande of France to China has paved the way for such a revision mechanism to be adopted. China, today’s largest emitter, is clearly supportive of the idea.

Finally, a certain degree of accountabi­lity and transparen­cy is needed so that the internatio­nal community can keep track of progress in each country.

Would that be enough to make climate change a thing of the past? Probably not. The best agreement in Paris only makes sense if the level of ambition is sufficient to put us on the right track today. A recent UN report aggregated all countries’ voluntary contributi­ons to carbon emission reduction until 2030 – the “short term” as far as climate change goes. The report sent a strong positive message. 161 countries covering 90 percent of global emissions have taken part in this pre- Conference exercise. This is unpreceden­ted. Yes, the momentum is real.

The report, however, tells us we are still far from what is needed if we want our children to enjoy the world we enjoyed while growing up. More needs to be done and more needs to be done now. We should not postpone greenhouse gas emission cuts to a later date. The further we get from the most desirable or “least cost” path, the more difficult and costlier future adjustment becomes.

The private sector needs predictabl­e, long term commitment­s to invest in a low carbon future today. The cost of extreme weather events if we act later will also be greater. So great in fact that resources available may not be enough to cover future loss and damages due to climate change.

Raising ambition today can be done in two ways. First, every participat­ing country should go back to the drawing board and reassess available low emission economic policies. There is a lot that can be done domestical­ly. The Philippine­s, for instance, has implemente­d ambitious renewable energy targets while improving the environmen­tal footprint of its fuel mix. The current administra­tion also prioritize­d reforestat­ion which allows carbon capture by the ecosystem. The Philippine­s has not officially committed to implement these measures domestical­ly under the future Paris agreement ( unless foreign assistance becomes available). The recent speech of President Aquino in front of the Foreign Correspond­ents Associatio­n of the Philippine­s inviting all nations to make their commitment­s unconditio­nal, however, should pave the way for more domestic action.

In parallel to domestic efforts, the amount of finance needed to implement low carbon policies in the poorest countries will have to be secured. The EU stands ready to deliver, having spent € 9 billion ( P450 billion) in 2013 alone on climate finance in developing countries.

The Philippine­s too is a driving force in the field of finance. The country is chairing the newly formed Climate Vulnerable Forum which convened last Nov. 9- 11 in Manila. Concrete suggestion­s on risk pooling and mobilizati­on of climate finance through well targeted taxes on financial transactio­ns were put forward. Such innovative ideas might be the kind of breakthrou­gh we need in the negotiatio­n. The Forum also called upon all parties to raise ambition and keep global warming below + 1.5° C. They are the countries who will suffer most from climate change. Their voices must be heard in Paris.

The efforts still needed to make the Paris Conference a success are enormous but the internatio­nal community has a real opportunit­y to address climate change. The Philippine­s stands out in the global discussion for its ability to generate new ideas on climate finance but also for its potentiall­y exemplary contributi­on to global mitigation efforts.

As a recent campaign by France, the host country, once put it: the road to Paris starts in Manila.

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 ??  ?? Auto Nation Group Inc. chairman Gregorio Yu (second from left) and president Felix Ang (second from right) pose beside the new GLE Coupe during the launch of the new line of Mercedes-Benz SUVs at the Rockwell Tent in Makati Monday night. Ang is the...
Auto Nation Group Inc. chairman Gregorio Yu (second from left) and president Felix Ang (second from right) pose beside the new GLE Coupe during the launch of the new line of Mercedes-Benz SUVs at the Rockwell Tent in Makati Monday night. Ang is the...

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