The Adaptation Fund gained around USD 155 million during its Contributor Dialogue. Ministers lauded the work of the Fund, even as negotiators worried about its future. In a finance negotiation, there were questions about how the Adaptation Fund will raise additional funds if its share of proceeds from the Paris Agreement market mechanisms fails to materialize.
Want to dig deeper into today's talks? Read the full Earth Negotiations Bulletin daily report.
It was Gender and Finance Day, a chance to discuss scaling up finance for those most vulnerable to climate change. Ministers met to discuss a gender-responsive just transition. Many underscored the disproportionate impacts of climate change on women. But more importantly, there were clear signals that women are the agents of change in their communities and countries.
Mitigation was the focus of several negotiation sessions. These included market and non-market approaches, the mitigation ambition and implementation work programme, and emissions from international aviation and shipping. Progress across the board was slow on these issues.
A key transparency issue discussed was on providing support to developing countries for their national reporting. Under the Paris Agreement, all countries provide national reports as part of the enhanced transparency framework. For developing countries, especially least developed countries and small island developing states, it is a difficult task. Support is needed to help develop the processes to gather and report on the wide range of information required under the new reporting requirements. Robust reports will support understanding of the scale of climate actions and impacts.
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All ENB photos are free to use with attribution. For the UN Climate Change Conference - United Arab Emirates 2023 please use: Photo by IISD/ENB | Mike Muzurakis