The 25th annual Conference of Parties (COP 25) to the United Nations Framework Convention on Climate Change (UNFCCC) began on 2nd December. The Paris climate agreement under the UNFCCC has two mechanisms to address the global climate challenge. First, each country must submit a nationally determined contribution (NDC) of the climate actions that it intends to achieve in the medium run. Second, NDCs must be reviewed through a global stock-take and be ...
Blog Posts: climate finance
The 22nd session of the Conference of Parties, COP22, began this week at Marrakech, Morocco. Last year’s event in Paris set into motion a historic and ambitious commitment for countries to tackle climate change. Industries now better understand that business-as-usual doesn’t cut it any more. There are clear challenges, especially with regard to raising the required finance for implementation and scaling up. Broadly, this is known as climate finance.
However, there is significant debate around various aspects of climate finance, including the definition, the issues with addressing...
This post originally appeared on Climate Home
India’s anticipated commitment to climate action will be nothing short of transformational given challenges on the ground. With the world’s third highest carbon emissions [fourth if the EU is counted as one block] to its name, a strong commitment could make a noticeable difference to prevent the rise of global sea levels, extreme weather events, heat waves and other climate impacts.
However, this global...