[OPINION] Climate finance: A call to action for the Philippines

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 71 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 86%

Climate Change Nachrichten

COP29,Environmental Issues,Environmental Policy

If climate-vulnerable developing countries such as the Philippines carry these common positions on the New Collective Quantified Goal on Climate Finance, then we expect that the outcome in Baku, Azerbaijan, will be robust

This is AI generated summarization, which may have errors. For context, always refer to the full article.

ACT2025 is a consortium of think tanks and experts elevating the needs and priorities of vulnerable developing countries to deliver ambitious, balanced, just, and equitable outcomes at the UN climate negotiations and other multilateral fora to chart a path toward greater global solidarity.The state of negotiations and climate action

However, the last-minute election of Azerbaijan to the COP presidency makes the seasoned and the new actors in climate negotiations doubtful of the host’s capacity to shepherd a crucial and highly contentious agenda, such as the NCQG. Azerbaijan’s pillars for its presidency, which is “to enhance ambition and enable action,” seem vague and require a lot of nuancing to carry forward. To say the least, immense leadership, trust-building, and consolidation of gains are demanded from the presidency.

Ensuring developed countries assume the responsibility and leadership of providing and mobilizing financial resources to support developing countries’ transitions to 1.5°C-compatible trajectories and a climate-resilient future. Adopting a framework for the quality of climate finance. The new goal must be shaped in a way that avoids exacerbating the already unsustainable levels of indebtedness of developing countries, prioritizing the use of non-debt instruments that prevent perpetuating climate finance as a synonym of climate-induced debt.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Livestock Philippines and Aquaculture Philippines 2024 lead way in driving business opportunities, industry growthManila, Philippines – Informa Markets in the Philippines is set to host again the Livestock Philippines and Aquaculture Philippines this year, highlighting innovation and technology to improve the agricultural economy particularly the livestock and aquaculture industries.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »

Livestock Philippines and Aquaculture Philippines 2024 highlight innovation, expertise to empower industryPasay City - Informa Markets in the Philippines is optimistic that this year’s Livestock Philippines and Aquaculture Philippines will empower stakeholders from both subsectors to adopt technology and enter new markets, helping fuel economic growth at the regional and national levels.
Herkunft: BusinessMirror - 🏆 19. / 59 Weiterlesen »