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

Advertising

Advertising

Featured Stings

An all-out fight for the EU budget

Germany to help China in trade disputes with Brussels

Novartis and Johnson & Johnson to deprive Europeans of their right to Health

Commission’s action plan: financial world mandatory links to environmental targets

European Business Summit 2014: The role of youth entrepreneurship education in EU’s Strategy for Competitiveness

Commission’s action against imports from China questioned

This is what countries are doing to fight plastic waste

Preparing the future today: World Health Organisation and young doctors

ITU Telecom World 2016: it’s all about working together

Global health challenges require global medical students

New VAT rules in the EU: how a digital sea could have become an ocean

Macro-Financial Assistance: Europe’s way to control Ukraine?

Can the banking union help Eurozone counter its imminent threats?

Why do medical students have to emigrate to become doctors in 2017?

Industrial producer prices on free fall and stagnant output

How smart tech helps cities fight terrorism and crime

Gender equality and medicine in the 21st century: an equity unachieved

Lessons from the Global Entrepreneurship Index

MEP Cristiana Muscardini @ European Business Summit 2014: International Trade in Europe

“One Belt One Road”: Its relevance to the European Companies


Re-thinking citizenship education: bringing young people back to the ballot box

European Commission determined to conclude EU-Mercosur trade deal this year despite French concerns

Eurozone: Even good statistics mean deeper recession

Do academia and banks favour a new Middle Ages period?

JADE Spring Meeting 2016 highlights

Juncker’s Investment Plan in desperate need for trust and funds from public and private investors

Eurozone: Bank resolution proposal gains wider interest

World Retail Congress Dubai 2016: Retail’s night of nights

EU unfolds strategy on the Egypt question

COP21 Breaking News: Conference of Youth Focuses on Hard Skills to Drive Greater Climate Action

Financial Transaction Tax: More money for future bank bailouts?

Are ECB’s €500 billion enough to revive Eurozone? Will the banks pass it to the real economy?

Has Germany rebuffed ECB on the banking union?

Pollinating insects: Commission proposes actions to stop their decline

A new proposal breaks the stalemate over the Banking Union

Global Citizen-Volunteer Internships

Will CETA be implemented after eight long years or it will be vetoed by the EU citizen?

The Peoples are missing from EU’s monetary union

GDPR and the World Cup have these 4 things in common

EU lawmakers vote to reintroduce visas for Americans over “reciprocity principle”

Russia and the West use the same tactics to dismember Ukraine

German opposition win in Lower Saxony felt all over Europe

The importance of exchanges for the medical students of the world

Greece returns to markets at a high cost to taxpayers, after four years out in the cold

A Sting Exclusive: “The Chinese economy is steady and moving in the right direction”, Ambassador Yang of the Chinese Mission to EU underscores from Brussels

Auditors say EU spending delivers limited value for money but the timing of their report poses questions

D-Day for Grexit is today and not Friday; Super Mario is likely to kill the Greek banks still today

EU plans to exploit the Mediterranean Sea and the wealth beneath it

How bad is the Eurozone economy? The ECB thinks too bad

A Brussels antithesis reveals where the EU is heading

Copyright: European Union , 2017; Source: EC - Audiovisual Service; Photo: Frank Molter

EU hits deadlock on the future of glyphosate a month before deadline

EU Commission: Once in every 20 beef meals you eat…horse probably with drugs in it

Investment, not debt, can kick-start an entrepreneurial Europe

From inconvenience to opportunity: the importance of international medical exchanges

Canada leading the way on women’s inclusion and empowerment, says OECD

EU-US resume trade negotiations under the spell of NSA surveillance

Trump stumbles badly on his Russian openings; Europeans wary of Putin

EU to pay a dear price if the next crisis catches Eurozone stagnant and deflationary; dire statistics from Eurostat

Ahead of State of the Union the European Youth Forum highlights lack of action on youth employment

A Sting Exclusive: “Youth voice must be heard in climate change negotiations!”, Bérénice Jond Board Member of European Youth Forum demands from Brussels

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 )

Google+ photo

You are commenting using your Google+ 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 )

w

Connecting to %s