 commences in Dubai, the global community braces for intense discussions and negotiations on climate change.){kind=link}
As the 28th Conference of Parties to the United Nations Framework Convention on Climate Change (COP28) is all set to commence in Dubai, the global community braces for intense discussions and negotiations on climate change. Representatives from governments, climate science, environmental groups, conservationists, policymakers, researchers, and corporate entities have converged in Dubai, with a comparable number participating virtually.
Least Developed Countries (LDCs) Demand Action on Climate Finance
A major focal point of discussions leading up to COP28 has been the persistent concern of Least Developed Countries (LDCs) regarding climate finance. LDCs, severely impacted by climate change, are urging developed and wealthy nations to fulfill their commitments for compensation. Citing their minimal contribution to greenhouse gas emissions and financial constraints, LDCs stress the urgent need for leading emitters to deliver on previous promises.
During COP15, developed countries pledged to jointly mobilize $100 billion per year by 2020 for climate action in developing countries. However, the implementation has been lackluster, prompting the LDCs to call for a clear roadmap on doubling adaptation finance by 2025.
LDC Priorities for COP28: A Roadmap to Paris Agreement Goals
The International Institute for Environment and Development has outlined four key concerns that could rejuvenate progress towards the goals of the Paris Agreement. These include an ambitious conclusion to the Global Stocktake, the adoption of a framework for the Global Goal on Adaptation (GGA), operationalization and rapid capitalization of the Loss and Damage Fund, and the restoration of trust in climate finance to facilitate progress towards the new collective quantified goal.
Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ Stresses Rights to Compensation
In the run-up to COP28, Prime Minister Pushpa Kamal Dahal ‘Prachanda’ emphasized the need for countries to claim their rights, particularly in terms of compensation for the loss and damage caused by climate change. Leading the Nepali delegation to COP28, PM Dahal is set to attend the high-level segment of the World Climate Action Summit, delivering a national statement titled ‘Call of the Mountain: Who Saves us from the Climate Crisis?’ on December 2. His address aims to amplify Nepal’s voice on climate change and advocate for the mountain agenda in the COP negotiation process.
As COP28 unfolds, the global community watches closely, anticipating concrete actions and commitments to address the pressing issues surrounding climate finance, adaptation, and mitigation. The outcome of these deliberations will undoubtedly shape the trajectory of international efforts to combat climate change in the coming years.