By Asitha Jayawardena
A five-point plan for solidarity, fairness and prosperity is proposed at the UN Climate Change Conference (COP26) by over 100 developing nations in July 2021. They are mitigation, adaptation, loss and damage, finance and implementation.
G7 in June 2021
It all started with the UK organising the G7 Summit in June 2021 and the world was looking at it despite the Covid-19 pandemic. Climate change, although it is not the G7 Summit’s primary aim, was not beneficial to many. The effect on the climate was to phase out coal from homes as well as to stop financing the coal overseas. That is all and the developing nations were not happy.
The rich nations were not providing support for the poor nations despite the Covid-19 pandemic. It mirrored the vaccination for Covid-19. The rich countries had many doses of vaccination while the poor nations had no doses to cover at least the healthcare workers.
Developing nations in July 2021
The developing nations must have expected the “non-climatic” results from the G7 summit of the rich nations and decided (I think) to go ahead with this summit.
It is worth doing beforehand because COP26, scheduled in October, will not only be a rallying round call from all the nations – rich and poor – but the climate crisis has become critical. It is called a climate emergency by organisations, cities and even countries due to many disasters from wildfires to flash floods.
Five-point plan of the developing nations
Representatives from developing countries came up with a five-point plan so that it will be discussed in the COP26 summit in October this year. Some of the points of the plan are:
- With the goal of 1.5C degrees, set ambitious targets and policies to meet them with the basis of national actions on developed countries on their fair share.
- Establish a clear pathway to the Global Goal on Adaptation (GGA) in the Paris Agreement.
- Allocate at least 50% of climate finance to adaptation.
- Allocate to the Adaptation Fund the proceeds from the market mechanism activities in Article 6 of the Paris Agreement.
Loss and damage:
- Under the United Nations Framework Convention on Climate Change (UNFCCC), establish Loss and Damage as an agenda item.
- Request loss and damage financing.
- Deliver the commitment to supply at least $100bn per year by 2020.
- Commit to providing grants instead of loans.
- From 2021 to 2025, commit to scaling up annual financing with at least US$100bn a year.
- As mandated on the Paris Agreement, initiate negotiations of a new, higher global finance goal for 2025 onwards.
- Conclude the negotiations in Article 6 in markets in a way that it promotes ambition, safeguard real emission cuts, environmental integrity while providing substantial financial resources to adaptation in vulnerable developing countries.
- For all countries, agree on a common 5-year time frame for Nationally Determined Contributions (NDCs).
At COP26, what will happen?
When the rich nations met in G7 in June 2021, their pledges to climate change were not successful for many. Then, in July 2021, the developing countries put forward a five-point plan, comprising mitigation, adaptation, loss and damage, finance and implementation.
When the G7 countries, developing nations and other states meet for the UN Climate Change Conference in October 2021, will the five-point plan for solidarity, fairness and prosperity be acknowledged by the UK as the host of COP26?
Now three more months to go until COP26 to discuss about delivering the Paris Agreement.
COP26: Delivering the Paris Agreement, a five-point plan for solidarity, fairness and prosperity https://drive.google.com/file/d/1LfeLF7hOkecQDdD9FKYu_Y00LVzeiTX6/view
Climate change: ‘No more excuses’ at COP26 climate summit – poor nations https://www.bbc.co.uk/news/science-environment-57839368
G7 leaders face make-or-break moment in climate crisis https://www.theguardian.com/world/2021/jun/11/g7-leaders-face-make-or-break-moment-in-climate-crisis
G7 to agree tough measures on burning coal to tackle climate change https://www.bbc.co.uk/news/uk-politics-57456641