The day’s negotiations were noticeably protracted. Observers focused on adaptation issues were especially distraught to see not only the negotiations on the Adaptation Committee’s report and its review, but also on least developed countries, grind to a halt. This even prompted an intervention by the Chair of the Subsidiary Body for Implementation to motivate progress, which indeed helped move discussions on national adaptation plans along.
Want to dig deeper into today's talks? Read the full Earth Negotiations Bulletin daily report.
There were also successes, however. Discussions on “action for climate empowerment,” which focus on societal engagement in climate action, made progress, and observers expressed appreciation for having been invited to the very informal discussions usually reserved for parties only.
Highlights from the Sixth High-Level Ministerial Dialogue on Climate Finance included:
- the EU underscoring the need to broaden the contributor base of the new collective quantified goal on climate finance (NCQG) to all countries in a position to do so, including emerging economies;
- China emphasizing that developed countries must continue to fulfill their obligations and take the lead in mobilizing climate finance, with the NCQG and voluntary support provided through South-South cooperation mutually reinforcing each other;
- the US noted that the USD 100 billion goal did not draw on the full set of countries capable of contributing and suggested the new goal can address this through a pragmatic approach that does not rely on criteria and is in line with Paris Agreement Article 9;
- Germany urging the use of innovative sources of finance, such as levies that ensure that polluters pay;
- Colombia underscoring that lack of progress on mitigation means more investment to tackle loss and damage, and emphasizing that developing countries’ lack of fiscal space impedes just transition; and
- the Solomon Islands calling for addressing fossil fuel subsidies.
The negotiations on the NCQG are seemingly going to continue behind closed doors for now, which many hoped might help foster more targeted discussions and broker agreement on thorny issues–of which there are many.
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All ENB photos are free to use with attribution. For the 2024 UN Climate Change Conference Baku, please use: Photo by IISD/ENB | Mike Muzurakis