*[Enwl-eng] Here is the latest news from the High-Level Champions!
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Mon Oct 10 19:06:56 MSK 2022
UN Global Climate Action
10 October 2022
High Level Climate Champions
Newsletter
Climate Week NYC: Getting it Done
The message of this year’s Climate Week in
New York City was clear - Get it done.
In this decisive decade for humanity, urgent
climate action is non-negotiable. We must halve emissions by 2030, reverse
biodiversity loss and enhance resilience for the millions already
experiencing the devastating impacts of inaction.
As Simon Stiell, UN Climate Change Executive
Secretary said during this year’s United Nations General Assembly, “Every
single leader arrives from a country affected by climate impacts. We know it’s
time to change course. Let’s stop the backsliding, regain momentum on
climate change and get moving on the massive transformation that must happen
this decade.”
Against a backdrop of multiple
interconnected crises around the world, this movement must include a rapid
acceleration of adaptation action and resilience to prepare us for the
future impacts we know are coming.
Key to this is finance - both public and
private. The United Nations Environment Programme (UNEP) estimates that the
annual adaptation costs in developing countries to be $115-330 billion by
2030.
Of the $29.5bn annual climate finance
committed in Africa in 2019 and 2020, only 39% ($11.4bn) was targeted at
adaptation activities. From this, only 3% came from the private sector.
Some non-State actors (NSAs) such as
communities, cities and companies are stepping up to deliver economic,
social and environmental benefits. But in order for these, often disparate
actions to have meaningful impact, a set of milestones is needed to help
direct these solutions into tangible outcomes by 2030.
To that end, the UN Climate Change
High-Level Champions and NSA members of the Marrakech Partnership introduced
the Adaptation and Resilience Breakthroughs.
The Breakthroughs outline what key NSAs must
do and by when, to reach the Race to Resilience’s global goal of making 4
billion vulnerable people more resilient by 2030.
Whilst action by NSAs is vital to a net zero
future, so too is an increase in ambition from states.
At COP 26, 45 countries committed to make
clean technologies the most affordable, accessible and attractive option in
each major greenhouse gas emitting sector by 2030 under the Breakthrough
Agenda.
The inaugural Breakthrough Agenda Report,
produced by the International Energy Agency (IEA), International Renewable
Energy Agency (IRENA) and the UN Climate Change High-Level Champions, was
launched during Climate Week NYC.
It provides an assessment of progress
towards each Breakthrough goal and a framework for tracking progress in the
future.
Its findings were presented and discussed at
the Global Clean Energy Action Forum and the 13th Clean Energy Ministerial
held in Pittsburgh, United States where leaders across all sectors were
urged to engage in far greater international cooperation.
As IEA Executive Director, Fatih Birol said,
“Without this collaboration, the transition to net zero emissions will be
much more challenging and could be delayed by decades.”
Both the Breakthrough Agenda and Adaptation
and Resilience Breakthroughs set out how radical collaboration between both
State and non-State actors and across sectors can be a catalyst in this
vital decade of delivery.
Nature Risk Is Investment Risk
Nature is the planet’s greatest asset. Not
just for its beauty and awe-inspiring wonder but the fact it’s integral to
our survival.
Nature is also fundamental to achieving net
zero emissions. Without ending net deforestation and transforming the
agriculture, food and land-use sectors by 2030, this won’t be possible.
The health of ecosystems on which we and all
other species depend is deteriorating more rapidly than ever. This decline
is eroding the very foundations of our livelihoods, health, food security
and economies.
Added to that, a report from the UN Climate
Change High-Level Champions presented during Climate Week NYC, highlights
what this could mean for the bottom line of some of the world’s most
valuable food and agriculture companies, currently worth over US$2 trillion.
The report finds these companies could lose
up to a quarter of their value by 2030, with permanent sector-wide losses
equivalent to the 2008 financial crash.
Ignoring these alarm bells makes little
business sense.
According to the same report, a US$4.5
trillion opportunity awaits companies willing to support the sector’s
transition to a net zero future.
This latest analysis reinforces research
published by Race to Zero earlier this year which revealed an urgent need
for companies in the forest, land and agriculture sectors, to make progress
on reducing deforestation. The study found that without much greater action,
over 90% of these companies that have committed to net-zero, risk missing
their targets.
Progress on this issue was made at COP26.
More than 100 global leaders pledged to halt and reverse deforestation and
land degradation by the end of the decade. This was underpinned by US$19
billion in public and private funds to invest in protecting and restoring
forests.
In addition, more than 30 of the world's
biggest financial companies promised to end investment in activities linked
to deforestation. The plan also reinforced the important role of indigenous
people in protecting their forested lands.
But as with all voluntary action,
governments and corporations need to deliver on their commitments from 2021
and act now to eliminate commodity-driven deforestation from their
investment and lending portfolios.
Turning the Tide on Shipping
Shipping has been the backbone of global
economies for thousands of years and today accounts for 90% of world trade.
It’s also responsible for approximately 2%
of global emissions. If it were a country, it would be on a par with the
total emissions of Germany.
The challenge to decarbonise shipping is
huge. With around 60,000 vessels currently in operation emissions are
expected to be 50% higher in 2050 than in 2018.
To reach its goals of full decarbonization
by 2050, the industry needs to move and move fast.
The recent Climate Action in Shipping
Report - Progress towards Shipping’s 2030 Breakthrough launched during
Climate Week, is cause for some optimism. It finds there has been
“significant progress from industry, national governments and positive
developments at the International Maritime Organization (IMO)”, but
converting the commitments into concrete developments is vital for further
progress.
There are more than 200 shipping
decarbonization pilot projects in the pipeline and progress has been made
regarding bunkering and safety guidelines internationally. But now the key
requirement is moving from pilots to Scalable Zero Emission Fuels (SZEF)
production commitments, investments, and infrastructure developments.
While the report acts as an honest stocktake
of progress, these commitments and pledges must be turned into tangible
actions and solutions. All eyes are on COP 27.
Keeping Up With The Champions
a.. Mahmoud Mohieldin delivered a keynote
speech at the Global Methane, Climate and Clean Air Forum 2022.
a.. Mahmoud Mohieldin delivered a video
message to the 51st regular session of the Human Rights Council for a panel
discussion on the future of the right to work in connection with climate
change actions, responses and impacts.
a.. Nigel Topping spoke at 'The road to COP
27 & COP 28' session hosted by The World Cement Association.
a.. Nigel Topping out three “rules'' for
ensuring a successful transition to a zero-carbon future in an interview
with avivainvestors.com: “harness ambition loops”, which means locking in
the positive effects of bold climate commitments; set “exponential goals”,
like we’ve seen in battery production; and “follow shared pathways” to
ensure everyone is taking the required action to reach net zero.
The Champions at United Nations General
Assembly and Climate Week NYC
a.. Speaking at an event to mark the
beginning of Climate Week NYC, Mahmoud Mohieldin said,“We must address data,
finance and implementation to get the job done. We need equitable access to
energy in Africa and elsewhere in a sustainable way. Climate finance is
insufficient, inefficient and unfair. We need political will to fix it.”
a.. Speaking at the United Nations Climate
Action: Race to Zero and Resilience Forum, Mahmoud Mohieldin said, “There is
a deficiency of trust and a surplus of crisis. But we are here today to
provide solutions. We need a truly holistic approach. Sustainability is not
only climate action, this reductionist approach is a misleading formula. We
need to put this all within the Sustainable Development Goals framework.”
a.. Nigel Topping moderated a panel with
Catherine McKenna and Laurence Tubiana during the United Nations Climate
Action: Race to Zero and Resilience Forum. The participants discussed a
critical, but often overlooked aspect of climate action, transparency. Nigel
said, “We need to pivot to integrity and implementation. That means making
good promises and then making good on those promises.”
a.. Mahmoud Mohieldin attended the
Africa-Europe Foundation (AEF) Women Leaders Network event at UNGA77 to
discuss Climate Adaptation and Climate Finance, and to join AEF’s efforts to
reframe and reinforce the Africa-Europe partnership on the global stage.
a.. Mahmoud Mohieldin spoke at the closing
reception of The Climate Pledge Summit during which he provided an overview
of COP 27 priorities and recommendations on how businesses and other
non-state actors can engage.
a.. Mahmoud Mohieldin and Nigel Topping
attended the Marrakech Partnership Stakeholders Workshop at Climate Week
NYC. Participants discussed improving the partnership as well as the
implementation and regionalisation of global climate action.
a.. Mahmoud Mohieldin attended the Green
Climate Fund high-level dialogue during Climate Week NYC. The theme was
“Reaching scale: Catalysing climate finance”. Leaders spoke about the GCF’s
unique role and ability to de-risk climate investments, mobilise private
capital at scale and deploy blended finance.
a.. Mahmoud Mohieldin also attended the
following events during UNGA 77 and Climate Week NYC:
a.. UNGA 77: Private Sector Roundtable.
Driving Positive Behavior Change for People and Planet
b.. Financial and Technological Solutions
for Just Transition in Agriculture: A Developing Countries’ Perspective
c.. Resilience Hub: Collaboration is Key to
Building Resilient Cities: An Interactive discussion on Unlocking the
Interface between Business and Cities.
d.. Virtual roundtable on strengthening
climate ambition with Barbara Buchner, Global Managing Director of Climate
Policy Initiative.
e.. Bloomberg Emerging and Frontier Forum
2022: Negotiating the Road to Net-Zero
In Case You Missed It
United Nations General Assembly and Climate
Week NYC
a.. Egypt’s Foreign Minister has urged
improved climate commitments at COP 27. During a speech to the high-level
segment of the UN General Assembly, Sameh Hassan Shoukry Selim called on the
international community to act on climate pledges made to developing
countries.
a.. Windfall profits made by fossil fuel
companies should be taxed to pay for climate damage, UN Secretary General
Antonio Guterres told the General Assembly. He said polluters should pay for
the impact of climate-related events as the question of who funds these
losses has long dogged international negotiations.
a.. African Development Bank Group President
Dr. Akinwumi Adesina and speakers at the 2nd ministerial meeting on climate
and development questioned the commitment of developed countries to deliver
on the promises they made at COP26 in Glasgow and the 2015 Paris Agreement.
Adesina told the gathering on the sidelines of this year’s UN General
Assembly, “ Africa is suffering, choking, and is in serious financial
distress for what it didn’t cause. There must be a greater sense of
urgency.”
a.. Michael Bloomberg, UN Special Envoy on
Climate Ambition and Solutions and founder of Bloomberg L.P. and Bloomberg
Philanthropies, launched the Bloomberg Countdown to COP 27 – a 45-day long
series of initiatives and commitments aimed at delivering on UN
Secretary-General António Guterres’ call for urgent climate action leading
into this year’s UN Climate Change Conference in Sharm El-Sheikh, Egypt.
Designed to turbocharge climate progress from public, private, and civil
society actors around the world, Bloomberg L.P. and Bloomberg Philanthropies
will unveil dozens of climate actions through investments, partnerships, and
capacity-building and educational efforts during the 45-day Countdown to COP
27.
a.. President Macron’s and Michael Bloomberg’s
Climate Data Steering Committee announced and released their recommendations
for a Net Zero Data Public Utility which should be which should be designed
and built to be part of the UNFCCC’s Global Climate Action Portal. The
public consultation period is open until 20 Oct.
Other news
a.. The International Renewable Energy
Agency (IRENA) and the International Labour Organisation (ILO) published the
Renewable energy and jobs: Annual review 2022 during the Global Clean Energy
Action Forum in Pittsburgh. It states "worldwide renewable energy employment
reached 12.7 million last year, a jump of 700,000 new jobs in one year
despite the lingering effects of COVID-19 and the growing energy crisis".
The International Energy Agency (IEA) also provided their first assessment
of energy jobs worldwide by region and technology through the World Energy
Employment Report. It shows that the number of energy jobs worldwide has
recovered from disruptions due to Covid-19, increasing above its
pre-pandemic level of over 65 million people, or around 2% of the total
labour force. The growth has been driven by hiring in clean energy sectors
surpassing the 50% mark for its share of total energy employment, with
nearly two-thirds of workers involved in building new projects and
manufacturing clean energy technologies.
a.. The two co-facilitators of the Global
Stocktake's technical dialogue published the Summary report and a video of
the first meeting (TD1.1) held during SB 56 in June 2022. The report will be
presented during an informal virtual consultation on Thursday, 6 October
2022, from 14:00 to 15:30 CEST. An information note by the co-facilitators
on arrangements for the second technical dialogue meeting (TD1.2) to be
taking place during COP 27 in Sharm El-Sheikh will also be made available on
the UNFCCC website by Friday, 7 October and these details will also be
outlined during a second informal virtual consultation on Tuesday, 18
October 2022, from 14:00 to 15:30 CEST. In addition, the co-facilitators are
encouraging Parties to the Paris Agreement and non-Party Stakeholders
wishing to submit inputs to the second dialogue (TD1.2) to accompany the
submissions with a one page poster summary on the submission and inputs to a
creative space at COP 27 which can consist of performances or art, among
other formats before Friday, 14 October.
a.. The Output Report of Latin America and
the Caribbean Climate Week 2022 (LACCW 2022) is now available with key
takeaways from this year’s event which was held in July in Santo Domingo,
Dominican Republic.
a.. The Science Based Targets Initiative
(SBTi) has launched the Forest, Land and Agriculture (FLAG) Science Based
Target Setting Guidance enabling companies in the forest, land and
agriculture sector to set science-based emission reduction targets
a.. The Ellen MacArthur Foundation and WWF
announced plans to launch the Business Coalition for a Global Plastics
Treaty, bringing together 85 businesses across the plastics value chain,
financial institutions and NGOs, to call for and support the development of
an ambitious and effective global treaty to end plastic pollution.
a.. To further support inclusive
participation of youth voices at COP27, the Government of Egypt is offering
more than 400 opportunities of subsidized accommodation for youth delegates.
Applications need to be received by October 7th.
a.. The US senate has ratified the Kigali
amendment to the Montreal Protocol on substances that deplete the ozone
layer. It says the amendment targets a phase down of hydrofluorocarbons
(HFCs) that are “hundreds to thousands of times as powerful as carbon
dioxide in speeding up climate change”. Democratic senate majority leader
Charles Schumer said the amendment, along with the recently adopted
Inflation Reduction Act, was “the strongest one-two punch against climate
change any Congress has ever taken”.
For more news from across the Race to
Resilience and Race to Zero Communities, check out
climatechampions.unfccc.int and Marrakech Partnership for Global Climate
Action/UNFCCC.
Mark Your Calendars
a.. 2022 Daejeon United Cities and Local
Governments World Congress in Daejeon, South Korea: 10-14 October
b.. IMF-World Bank Autumn Meetings in
Washington, DC, US: 14-16 October
c.. World Food Day 2022: 16 October
d.. World Health Summit 2022: 16-18 October
e.. Cairo Water Week: 16-19 October
f.. Regional Finance Forum in Geneva,
Switzerland: 17 October
g.. C40 World Mayors Summit in Buenos Aires,
Argentina: 19-21 October
h.. G20 Leaders’ Summit in Bali, Indonesia:
30-31 October
i.. COP27 in Sharm El-Sheikh, Egypt: 6-18
November
j.. Convention on Biodiversity COP15,
Canada: 7-19 December
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