UN calls for doubling of finance for nature-based solutions
1/12/2022: The second edition of the State of Finance for Nature finds that investments into nature-based solutions must double by 2025 to deliver goals for climate, biodiversity, and land degradation. Subsidies for nature-negative activities need to be phased out.
Source: UN Environment Programme
UN biodiversity talks approach ‘Copenhagen or Paris’ moment
22/11/2022: The UN biodiversity summit in Montreal in December will seek agreement to reverse nature loss and restore ecosystems by 2030. Negotiations on finance will aim to mobilize $200 billion per year and phase out subsidies for nature-destructive practices.
Source: Climate Home News
What was decided at COP27 climate talks
20/11/2022: Developing countries got the loss and damage fund they fought for at COP27, on the proviso that the burden of paying into it does not all fall on rich governments. A transitional committee will look into what funding is needed and where the money should come from.
Source: Climate Home News
African activists oppose local fossil fuel developments
17/11/2022: African delegations have exploited COP27 to embrace the new scramble for oil and gas in the continent. according to Greenpeace. However, African activists pledge concerted resistance to local fossil fuel expansion.
Source: Greenpeace International
UN climate summit set for tough negotiations in final week
11/11/2022: Developing countries showed a united front during the first week of COP27 on the need for a dedicated fund for loss and damage, ideally financed by taxes on fossil fuel firms. Notably, the conference is being attended by over 6,000 members of coal, oil and gas companies.
Source: China Dialogue
COP27: It’s Africa’s time to lead
7/11/2022: The lack of momentum at COP27 may create space for Africa to take charge of its energy and climate future. The response of richer countries to recent multiple global crises undermines established principles for climate negotiations.
Source: African Arguments
Deforestation is pushing Amazon to ‘point of no return
9/11/2022: A new report from the World Wildlife Fund warns that threats to the Amazon have worsened in recent years. As a result, the biome is nearing its “tipping point,” meaning it could soon transition from wet rainforest to dry savanna.
Source: Mongabay
Glasgow forest pledge loses signatories in first year
7/11/2022: At COP26 in Glasgow, 145 nations representing over 90% of the world’s forests promised to strengthen their efforts to conserve forests. Under pressure of accountability, signatories are dropping out.
Source: Climate Home News
Climate loss and damage: what does compensation look like?
2/11/2022: The question of payments for loss and damage has been a long-standing point of negotiation at UN climate conferences. With the terrible flooding in Pakistan fresh in the memory, many developing countries are looking to COP27 as a crucial moment for making progress.
Source: The Conversation
Antarctic Ocean Commission fails to deliver ocean sanctuaries
4/11/2022: The annual meeting of the Antarctic Ocean Commission has failed to reach consensus on creating three large Marine Protected Areas for the Antarctic Peninsula, East Antarctica and the Weddell Sea, despite support from an overwhelming majority of governments.
Source: Greenpeace International