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At UN Climate Summit, Green Funds, Collective Commitment in Focus

At UN Climate Summit, Green Funds, Collective Commitment in Focus

New Delhi: On September 23, when the world meets at the UN Climate Summit in New York, world leaders will speak about their commitment to preventing dangerous climate change impacts by keeping global temperature rise under two degrees Celsius over pre-industrial levels.

At the same time, sticky issues such as delivering on the $100 billion Green Climate Fund and the principle of common but differentiated responsibility (CBDR) based on the different capabilities of economies are likely to be discussed at the forum.

Days ahead of the summit, called by UN secretary general Antonio Guterres to urge nations to enhance their ambitions to meet targets, India’s environment secretary C.K. Mishra said the group of like-minded developing countries (LMDCs), G-77 developing nations and Brazil, Russia, India, China and South Africa (BRICS) are likely to underline the CBDR principle, or the principle of equity at the summit.

India, which is on target to achieve its Intended Nationally Determined Contribution (INDC) – efforts by each country to reduce national emissions and adapt to the impacts of climate change – is unlikely to make any enhancement to commitment at the 2015 Paris Agreement.

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“We are among only five countries [along with Ethiopia, the Philippines, Costa Rica and Morocco as per climateactiontracker.org] whose NDCs are on track to achieve the two-degree target. We are already doing what is supposed to be done. The $100 billion promise is far from being fulfilled. Like-minded country groups will raise these issues,” Mishra said.

In 2010, developed countries had agreed to mobilise $100 billion per year by 2020. Only about 10.8 billion dollars has been committed till this year.

No negotiations at the summit

There will be no negotiations at the summit, which will later take place in Chile in December at the 25th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC). But with extreme weather events staring in the face, activists and experts are hoping that world leaders, particularly those who are not in line to meet the 2-degree target, will at least express their intention to meet it and have a strategy on how industry can switch to a low-carbon trajectory.

India, along with Sweden, will make a presentation on transforming the industry sector to meet the 1.5-degree target of global warming. “Our presentation will be on making steel, aluminium, chemicals, cement etc. on switching from grey to green,” Mishra added. PM Narendra Modi will make a statement on India’s plans and role also.

“My understanding is that the summit is not a replacement for the negotiations under the UNFCCC. The Entire world should recognise it and not push countries like India in a defensive space. The UN Summit is an opportunity to discuss the scale of the problem and climate emergency,” said Sunita Narain, director general of Centre for Science and Environment (CSE).

The US, Russian Federation and Saudi Arabia are critically insufficient when it comes to achieving the two-degree Celsius target, according to climateactiontracker.org.

“The UN Climate Action Summit is a great opportunity to showcase global ambition which is what is needed to move to a below-two-degree Celsius world. The world should focus on strategies to make decarbonisation of various sectors profitable in the long term thus access to technology and adequate and reliable finance will continue to be pertinent concerns,” said Karan Mangotra, associate director and climate specialist at The Energy and Resources Institute (TERI).

an important aspect of knowing the sources of pollution is emissions monitoring and making that information available in real-time for further analysis. Credit: JuniperPhoton/Unsplash
The focus should be on strategies to make decarbonisation of various sectors profitable in the long term, experts say. Credit: JuniperPhoton/Unsplash

Role of developed countries

India and France’s joint statement during PM Modi’s visit to France in August also urged all developed countries to scale up their contributions to Green Climate Fund in its first replenishment cycle in line with their commitments and raised the issue of equity.

“The dirty fossil fuel party is over; we now have to clean up the mess. Whoever caused the biggest mess has the most responsibility. Millions of people are already experiencing the devastating effects of extreme weather, rising sea levels and hunger. Climate justice means that rich polluting countries must own up to their responsibility for causing the crisis. They also need to deliver on their promise to provide $100 billion per year of climate finance to help developing countries cope with impacts and green their economies,” said Harjeet Singh, global lead on climate change for ActionAid.

Also Read: UN Secretary General Urges Public Pressure to Address the Climate ‘Emergency’

The Climate Action Summit will take place in the backdrop of World Meteorological Organisation (WMO) declaring that June and July were the hottest months globally in 2019, and the 2015-2019 period was the hottest on record. India saw erratic monsoons this year with floods and droughts being experienced in the same states in Kerala and Maharashtra, the forest fires in the Amazon caught the attention of the world and are likely to be discussed at the summit. Current INDCs will lead to a warming of 3.4 degrees over pre-industrial levels by the end of the century. This, according to climateactiontracker.com, because the INDCs are not ambitious enough.

This story originally appeared in Hindustan Times. It is republished here as part of The Wire‘s partnership with Covering Climate Now, a global collaboration of more than 250 news outlets to strengthen coverage of the climate story.

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