This has been evident in increased and more intense floods, droughts, fires and high temperatures. The globe is struggling with current temperatures of 1 oC above pre-industrial temperatures.
This must be a floor, not a ceiling,” Manuel Pulgar-Vidal, WWF Global Lead Climate & Energy said. It is clear that there is more to be done, and negotiators must improve the areas of the text that are still weak. “With the world still on course for dangerous global warming, it is essential that ministers work to include a clear plan to close the 2030 ambition gap and the timeframe to do this. Nationally Determined Contributions now in place show the planet headed towards a 2.4-2.7 oC global average temperature increase if no further action is taken. This becomes a challenge to achieving the 1.5 oC target that countries are seeking to collectively achieve. Yet, they have failed to meet their climate financing issues which are expected to be met by 2023.įailure to increase funding means that developing countries may not meet their targets. No specific amounts are mentioned in the text, despite developed countries rallying $20-trillion to address the pandemic. While the text acknowledged the devastating impact of Covid-19 on global economic recovery, it failed to make any further provision, but instead made a call for developed countries to increase funding. Loss and damage have been a big talking point for Small Island and Developing States (SIDS) which are set to undergo coastal erosion and sea-level rise as the planet continues to heat. More drafts are expected in the following days.Ĭountries were also encouraged to strengthen their goals to keep 1.5 oC within reach by cutting emissions by 2030. Released two days before the conclusion of the conference, the draft is expected to be negotiated among countries until a final and suitable agreement is reached between the nations. The conference is expected to conclude on Friday, but some have speculated that the negotiations could drag on, especially in light of a draft text that shows little ambitious action for developing countries. Ministers now have three days to turn this around and get the job done here in Glasgow instead of once again kicking the climate can down the road,” Morgan said.
“While the text calls for an accelerated phase-out of coal and fossil fuel subsidies, wreckers like the Saudi and Australian governments will be working to gut that part before this conference closes. Jennifer Morgan, executive director at Greenpeace International, said the draft needed to be much stronger on finance and adaptation and needed to include real numbers. What has seemed to translate into the negotiation has been an increase in funding for adaptation to developing countries, with the amount being urged to match that of the mitigation budget. Large amounts were pledged by developed nations in the first week of the conference, with countries making promises of ambitious deals and pledges that boosted morale and expectations in the negotiating rooms - a separate occurrence to the binding multilateral discussions. The text also called on private institutions to contribute towards climate finance.ĭetails on mitigation fleshed out how countries needed to improve their 2030 climate plans by 2023 to ensure the global average temperature does not surpass a 1.5 oC increase. Thus far, developed countries had pledged about $80-billion, in 2019.Īlso amended in the text is the call for developed countries to increase their funding to developed countries, but no specifications as to what the increased amount will be. In 2009, developed countries had pledged $100-billion a year to developing countries to assist with meeting their climate action targets.
This is a specific ask of poor countries,” Adow said. The fact that the deadline for the long-promised $100-billion of climate finance from rich countries has been missed doesn’t even get mentioned. “On helping these countries adapt to climate impacts and deal with the permanent losses and damage, it is very fuzzy and vague.