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

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Climate Change ข่าว

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

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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.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 4. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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