COP22 addresses a strong global pledge to effectively implement the Paris Agreement

COP22, Marrakesh, 07/11-12/11/2016 Salaheddine Mezouar, President of the COP22 Date: 08/11/2016 Location: Marrakesh © European Union , 2016 / Photo: Mohammed Kamal

COP22, Marrakesh, 07/11-12/11/2016
Salaheddine Mezouar, President of the COP22
Date: 08/11/2016 Location: Marrakesh
© European Union , 2016 / Photo: Mohammed Kamal

Last Friday, more than 190 countries gathered at the United Nations Climate Change Conference (COP22) and jointly pledged through an Action Proclamation to implement the Paris Agreement showing a sense of global unity on climate change. The Proclamation was a clear call for more political commitment in order to fight climate change and prevent its unpleasant consequences.

COP21 was a turning point in the climate change battle whereas COP22’s goal concerned the implementation of the Paris Agreement which is a laborious and lengthy one that cannot be accomplished in just two weeks. Therefore, what should be taken away from the Marrakech Conference is the strong will of all the member states to turn matters into a greener side.

COP22: legal confirmation of Paris Agreement

The 22nd Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change has already been concluded and decided that the implementation of the Paris Agreement will be completed by 2018 with a progress review in 2017. COP22 was of no added value but availed mainly for the legal confirmation of the Paris Agreement terms.

More specifically, Luca Mercalli, president of the Italian Meteorological Society, stated that: “COP22 was an almost perfunctory follow-up to COP21 and a legal examination of the commitments made last year. As expected, it served to confirm the terms of the Paris Agreement, but there is no big news to speak of, only details that must until 2018, the deadline for the Agreement’s entry into force. As such, the implementation process is still too long, and we don’t have time to waste, as global warming won’t wait for human negotiations”.

Negotiations and Discussions

The main negotiations that were held during COP22 were about the set of extensive decisions also known as the Paris rulebook. Issues with topics such as mitigation, adaptation, finance, transparency, a new “global stocktake” process, market mechanisms, and implementation and compliance were discussed. Regarding mitigation, there was a serious opposition between developed and developing countries about the requirements of the up-front information of future Nationally Determined Contributions (NDCs); a major problem that must be solved through adequate guidance on the different types of NDCs.

Climate finance was also discussed with the UNFCCC’s Standing Committee on Finance to release its second biennial assessment where total global climate finance increased 15% in 2013-14, reaching an estimate of 741 billion dollars in 2014. Before the beginning of COP22, developed countries had provided a roadmap describing how they intend to reach the goal of 100 billion dollars a year in public and private finance for developing countries by 2020. Furthermore, several countries together with institutions announced their financial pledges providing extra support to the developing world.

More in detail, Canada, Denmark, the European Union, Germany, Italy, Japan, Korea, Switzerland and the U.S. will deliver 23 million dollars for the Climate Technology Centre and Network (CTCN), which provides technical assistance and capacity building for developing countries. Australia, Canada, Germany, Italy, the Netherlands, New Zealand, Sweden, Switzerland, the U.K., the U.S. and the Walloon Region (Belgium) promised more than 50 million dollars for the Capacity-building Initiative for Transparency established in Paris to help developing countries build the capacity to meet new transparency requirements. Last but not least, the World Bank will finance the Middle East-North Africa region with 1.5 billion dollars by 2020 to deal with the intense threats of climate change.

Trump changes his climate stance?

Donald Trump mentioned yesterday at the New York Times that he has not yet decided on whether the U.S. will abandon the Paris Agreement. Donald Trump precisely said: “I’m looking at it very closely. I have an open mind to it”. The aforementioned statement reveals that the President-elect will most likely take back all he has said about pulling out of the Paris climate pact if it does not cost to the U.S. companies. If the U.S. remains and keeps its promises, then the world will be highly benefited at a moment when the U.S. is supposed to provide three out of the 100 billion dollars to the emerging countries by 2020.

Climate’s future

UN Secretary-General Ban Ki-moon told to its delegates during the 22nd Conference: “I have never missed any of the 10 COP meetings during last 10 years. I leave you with the strong hope that we will have the courage, tenacity and wisdom to live up to our responsibility to future generations by protecting our only home: this beautiful planet Earth. I have made climate change a priority since my first days in office. Over the past 10 years, I have seen great progress in our common journey toward a low-emission, climate resilient future. We have proved the power of multilateral cooperation.” These words compose the stockpile of the outgoing UN Secretary-General.

All in all, COP22 was no more than a transitional climate conference where the world shifted from the agreement to  the implementation of the new climate rules with politicians, countries and organisations taking the opportunity to announce new initiatives, strategies and finance.

Marrakech officially sealed the Paris deal leading to its realization at the COP23 which will be hosted by the UNFCCC next November in Bonn, Germany.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

A new European banking space is born this year

COP21 Breaking News_12 December: Another sleepless night for the negotiators before Indaba meeting

Refugee crisis update: Commission still in panic while Turkey is to be added in the equation

Draghi’s ‘quasi’ announcement of a new era of more and cheaper money

When is Berlin telling the truth about the EU banking union?

Will ECB win against low inflation by not following Quantitave Easing?

Does the EU want GMOs and meat with hormones from the US?

European Union: More taxes out of less income

Is there a chance for the West to win the war on terror?

European Youth Forum welcomes establishment of new Youth Intergroup in the European Parliament

Press coverage of migration crisis in Europe: a call for collaborative action

Convincing the Germans to pay also for the unification of Eurozone

Scotland and First Minister Salmond enter the most challenging battlefield for independence: Europe

Refugee crisis update: Commission is struggling alone with little help from EU or G7 leaders

New skills needed for medical students in Industry 4.0

JADE May Meeting last call for participants – join us in Zagreb

Who really cares for the environment?

Yes, together we can make a change! YO!Fest and EYE 2016

“The winner is who can accelerate the transition to a new digital era”. The Sting reports live from EBS 2015: a Digital Europe 4.0

Eurozone: Retail sales betray economic frailty

Britain in and out of the EU

Does the Greek deal strengthen the Eurozone? Markets react cautiously

JADE visits Lithuanian Junior Initiatives

Greferendum: the biggest political gaffe in western modern history to tear Europe apart? #Grexit #Graccident

Why the ECB suddenly decided to flood banks with money?

European Sting Cookie Policy

JADE Spring Meeting 2015: a step forward for Youth Entrepreneurship

Draghi left alone with no hope of boosting EU growth as Merkel just focuses on next elections

More state aid to big firms, no special provisions for the SMEs

Germany and France only care about keeping their borrowing cheap

The refugee crisis brings to light EU’s most horrible flaws and nightmares

Youth unemployment: No light at the end of the tunnel

The EU slowly exits from “Excessive Deficit Procedure” and hopefully from ‘Excessive Austerity Procedure’ too

Access to ‘affordable’ medicines in India: challenges & solutions

Arlington, USA: kick-off of the fifth round of the EU-US boxing match

We are close yet so far…

Cloud computing under scrutiny in the EU?

YO!Fest back in Strasbourg for the 2nd edition of the European Youth Event – 20-21 May 2016

Neelie Kroes at the European Young Innovators Forum: Unconvention 2014

The 28 EU leaders show contempt for the European Elections results

Will Europe be a different place this Monday?

EU is now giving Google new monopolies to the detriment of European citizens and Internet companies

We’ll succeed together

Will Merkel ever steer the EU migration Titanic and restore her power in Germany?

SCADA Security Conference 2017 in Prague, Czech Republic

MWC 2016 LIVE: Telenor CEO calls on operators to embrace Mobile Connect initiative

China’s stock markets show recovery signs while EU is closely watching in anticipation of the €10bn investment

IMF’s Lagarde indirectly cautioned Eurozone on deflation

Who is to lose from the 6-month extension of the EU economic sanctions against Russia?

Counting unemployment in the EU: The real rate comes to anything between 16.1% and 20.6%

G20 LIVE: G20 leaders reaffirm OECD’s role in ensuring strong, sustainable and inclusive growth

Maros Sefcovic Canete European Commission Energy

Better late than never? Commission runs now to fight energy dependency on Russia with the sustainable energy security package

US, Russia oblige each other in Syria and Ukraine selling off allies

The historic accomplishment of a seamless EU patent and intellectual property space

Greece did it again

The European Parliament wants to stay in one place

How to test if Kiev’s ‘Maidan’ was an authentic revolt or a well-planned operation

A Sting Exclusive: why the environment is important to your health, by UNEP’s Head for Europe

Tsipras imposes more austerity on insolvent Greece; plans to win new early election soon

The Europe we want: Just, Sustainable, Democratic and Inclusive

More Stings?

Trackbacks

  1. […] agreement to continue the discussion on climate finance. There’s still uncertaintysurroundingthe pathway to mobilizing $100 billion in climate finance for developing countries by […]

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s