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Mr Carlos Fuller, International and Regional Liaison Officer, is representing the Caribbean Community Climate Change Centre (CCCCC) at the meetings of the Subsidiary Bodies of the United Nations Framework Convention on Climate Change (UNFCCC) to be held in Bonn, Germany from 16 to 26 May 2016.
Mr. Fuller was elected as the Chairman of the Subsidiary Body on Scientific and Technological Advice (SBSTA) at the 21st Conference of the Parties (COP 21) held in Paris, France this past December. He will hold the post for one year. The other two subsidiary bodies which will be meeting in Bonn are the Subsidiary Body on Implementation (SBI) and the Ad Hoc Working Group on the Paris Agreement (APA). On Wednesday, May 11th, 2016 Mr. Fuller met with the delegations representing the Least Developed Countries (LDC) to brief them on how he proposed to conduct the work of the SBSTA at the session. He will provide similar briefings to the other negotiating groups on Friday, Saturday and Sunday prior to the opening of the negotiating sessions on Monday.
Bridgetown, Barbados, March 17, 2016:
The Caribbean Development Bank (CDB) can now better access funds to address climate change and mitigate the impact on Borrowing Member Countries (BMCs) after the Board of the Adaptation Fund announced on March 1 that accreditation has been granted to the regional development funding agency.
“CDB’s accreditation opens gateways to well-needed grant financing which will enable our Borrowing Member Countries to proactively address life threatening vulnerabilities,” said Dr. Warren Smith, president of the CDB.
A major pillar of CDB’s Climate Resilience Strategy is that of helping BMCs access concessionary resources to provide financing to support urgent actions required to build climate resilience. According to Dr. Smith, “accreditation to the AF is an extremely positive achievement, since it gives the Bank access to a source of grant resources to help to support urgent climate resilient investments for some of the most climate vulnerable countries in the world.”
The Adaptation Fund was established in 2001 under the Kyoto Protocol of the UN Framework Convention on Climate Change to finance concrete adaptation projects and programmes in developing country Parties that are particularly vulnerable to the adverse effects of climate change. The AF works across seven areas: Agriculture, Coastal Zone Management, food security, disaster risk reduction, multi-sector projects, rural development and water management. The Fund has committed US$ 331 million in 54 countries since 2010 to climate adaptation and resilience activities.
CDB’s current Strategic Plan has building resilience to climate change as its principal thrust. This emphasis recognizes the reality that there is a probability that at least one Caribbean country has a 25 per cent chance of being hit by a major climate event every year.
To achieve accreditation CDB had to demonstrate that it has the capacity to manage and provide oversight of the use of AF’s resources in an efficient, effective and transparent manner. Accreditation is valid for five years.
Dr. Smith noted that CDB’s recent experience in preparing climate action investment projects, showed that preparation costs could increase by between 10-15%, because of the required supporting technical investigations or studies; such as climate vulnerability assessments; that are required to demonstrate the explicit adaptive or mitigation measures employed to achieve climate resilience. He expects that the Bank will make its first formal submission to the AF before the end of the 2016.
Credit: Caribbean Development Bank
The European Commission (EC) published a Communication identifying overarching principles and key components of a global partnership to support the post-2015 development agenda, to inform EU positions ahead of the Third Financing for Development (FfD3) Conference and the Post-2015 Summit, and to contribute to the preparation of the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC).
The Communication, titled ‘Global Partnership for Poverty Eradication and Sustainable Development After 2015,’ is based on previous Conclusions of the EU Council on a transformative post-2015 agenda. It notes that “the EU and its Member States will continue to develop more detailed common positions during the negotiations, so as to enable the EU to speak with one voice.” It is addressed to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions.
As overarching principles of a global partnership, the Communication highlights, inter alia: national ownership and leadership; cooperation at all levels and with all stakeholders, building on experience with the Millennium Development Goals (MDGs) on developing a Global Partnership for Development, and with other international partnerships; shared responsibility, mutual accountability and respective capacity; integrating the three dimensions of sustainable development in a balanced manner and making trade-offs between different objectives; and focusing on achieving measurable, concrete and sustainable results.
It calls for the partnership to be based on human rights, good governance, rule of law, support for democratic institutions, inclusiveness, non-discrimination, and gender equality. Emphasizing the need for transparency and information-sharing for all stakeholders, it calls for promoting more effective and inclusive forms of multi-stakeholder partnerships, operating at all levels and involving the private sector and civil society, including social partners, academia, foundations, knowledge institutions and public authorities.
The Communication identifies means of implementation as a key element of the global partnership, and discusses its various components, including: an enabling and conducive policy environment at all levels; capacity development; mobilization and effective use of domestic and international public finance; stimulating trade to eradicate poverty and promote sustainable development; using science, technology and innovation as important drivers of implementation; mobilizing the domestic and international private sector; and harnessing the positive effect of migration. It also stresses the need for a strong framework for monitoring, accountability and review at all levels.
The Communication conveys strong EU support for the UN Secretary-General’s call for all developed countries to meet the UN target of 0.7% of Gross National Income (GNI) for official development assistance (ODA), and expresses its agreement on concrete timetables to meet these commitments. It remarks that high-income countries should respect the UN target of 0.15% of GNI for development assistance to the Least Developed Countries (LDCs), and that upper-middle income countries and emerging economies should commit to increasing their contribution to LDCs, and set targets and timelines accordingly.
The Communication highlights the need to provide a stable enabling environment for the private sector, “including establishing a level playing field for competition” and encouraging sustainable investments. It also mentions the primary responsibility of each country to maximize the potential of trade for inclusive growth and sustainable development through good governance, sound domestic policies and reforms, so as to create a stable regulatory environment that is favorable to the private sector and investment.
The annex of the Communication lists a series of possible actions that could contribute to the effective implementation of the post-2015 agenda, and proposed actions to be carried out specifically by the EU.
Credit: Climate Change Policy & Practice