The 47th ministerial meeting on climate change among the least developed countries (LDCs) in Thimphu discussed and endorsed agenda for the Conference of Parties (COP25) in December.
The ministers emphasised the need to reduce the green house gas (GHG) emissions to limit global warming to 1.5°C.
The recent special report on land, climate change, and the ocean and cryosphere, published by Intergovernmental Panel on Climate Change (IPCC), highlighted the damaging impact climate change has on agriculture and important biospheres critical to LDCs’ livelihoods and food security.
During COP25, LDCs group will push forward the urgent need for rapid reduction in global emissions to avoid increased loss and damage due to climate change, and scale up support so that LDCs can adapt and build resilience.
“Limiting warming to 1.5°C remains feasible and will have considerable sustainable development benefits for LDCs and all other countries compared to warming of 2°C; however, the current average global temperature levels are already causing significant negative impacts in LDCs,” the document stated.
For greater emission reduction, LDCs will urge stronger policies and actions over the next decade to achieve global net zero emissions by 2050. In line with that, the communiqué acknowledged the UN Secretary-General’s call for political momentum and awareness during the climate action summit last month.
However, the ministers emphasised the need for more ambitious nationally determined contributions (NCDs) and climate action.
To mitigate and build resilience to impacts of climate change in LDCs, developed countries are mandated to support LDCs financially.
It was noted that the developed countries were not in line with the agreed goal to mobilise 100 billion USD annually by 2020. COP25 is expected to witness LDCs pushing this point forward.
LDC group will also urge the developed countries and international partners to provide finance, technology transfer and capacity-building support to LDCs to implement NDCs and long-term low GHG emissions development strategies, among others.
During COP25, which will be held in Chile, LDCs will urge all the parties to complete implementation of the remaining elements of the Paris Agreement, particularly Article 6.
Article 6, if properly implemented, would make it easier to achieve reduction targets and raise ambition through the emission trading system.
The mechanism allows countries with low emissions to sell their exceeding allowance to larger emitters. By paying a price on carbon, countries exceeding their NDCs would bear the costs of their emissions.
The approach could reduce GHG emissions and create platforms for innovative and cleaner technologies and transition towards a low-carbon economy.
LDCs will commit to advance the LDC renewable energy and energy efficiency initiative for sustainable development, LDC initiative for effective adaptation and resilience, and the LDC Universities Consortium on Climate Change.
These are LDC-led initiatives to address climate change and drive sustainable development at the national level, which will support the delivery of the LDC 2050 vision.
Bhutan is the LDC group chair for the year 2018 and 2019.
The meeting ended on October 25.
From : Kuenselonline.com