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When climate negotiators arrive in Dubai, they'll have a full agenda: completion of the first Global Stocktake under the 2015 Paris Agreement, operationalizing the funding arrangements for loss and damage, a new collective quantified goal on climate finance, and the global goal on adaptation, among other items.
Opening comments on ensuring climate action is achieved without sacrificing economic development or just transitions for energy security set the tone for the entire week. Participants discussed just and equitable energy transitions, economic diversification, and inclusive finance to meet climate goals.
With the Intergovernmental Panel on Climate Change’s Sixth Assessment Report underscoring once more the urgent need for enhanced climate action, and less than six months to go before the 28th meeting of the Conference of the Parties convenes in Dubai, delegates had their work cut out for themselves in Bonn.
For the first time, countries agreed to recognize the need for finance to respond to loss and damage associated with the adverse effects of climate change, and quickly established a fund and the necessary funding arrangements, with the details to be worked out over the coming year.
When delegates returned to Bonn after three years, the venue was the same, but so much else had changed: two parties are at war, greenhouse gas emissions are higher than ever, and climate impacts are increasing in severity. Loss and damage is now unavoidable—as are vulnerable countries’ calls for compensation.
Despite divisive negotiations at COP 26, parties managed to finalize the Paris Agreement Rulebook and adopt other substantive outcomes. During the closing plenaries, parties reflected that the overall package was not perfect, and many stressed that they were adopting the package “in the spirit of compromise.”
Delegates agreed to meet virtually, with the subsidiary bodies focused on a smaller set of agenda items in informal consultations only. To assuage some countries, there was no negotiating text or draft decisions in preparation for COP 26. Rather, progress on each item was captured in an informal note.
On the fifth anniversary of the adoption of the Paris Agreement, the United Nations, United Kingdom, and France, in partnership with Chile and Italy, co-convened a high-level event to mobilize government and non-governmental leaders to demonstrate their commitment to the Paris Agreement and the multilateral process.
With COP 26 delayed due to COVID-19, the UNFCCC decided to hold a series of virtual events to keep climate action and momentum alive, implement mandated events for 2020, and discuss ongoing and emerging issues, such as a sustainable recovery from the pandemic.
While a face-to-face meeting was impossible, the UNFCCC held a series of virtual events to keep climate action and momentum alive. Several events related to the work of the constituted bodies, which are the bodies that focus on implementing various aspects of the Convention and the Paris Agreement. These technical bodies provided updates on their work and future plans.