Addis Ababa October 13/2017 As the negotiation for the implementation of the Paris Agreement get underway, least developed countries called upon developed countries to instantly act on implementing the agreement.
Negotiators, who gathered in Addis Ababa last week to discuss recommended LDC Group positions, urged the need to move from negotiation to action.
It is to be recalled that LDC Group held a High-level Ministerial meeting here in Addis Ababa.
Chairman of Least Developed Countries (LDC) Group at UN Climate Change negotiations, Gebru Jember told ENA that developed countries need to act instantly in order to effectively implement the agreement.
The amount of funds that have been available in the financial mechanism is not adequate, despite the pledge by developed countries, he said.
“When we look at the current amount of money which has been secured so far it is by far below what we are really looking for implementing adaptation and mitigation projects especially in least developed and developing countries which are highly vulnerable to climate change” Gebru pointed out.
Noting that some of the developed countries were saying they needed more time to fully act on climate change, he said “what science has been saying is that we need to act now”.
Mentioning that developed countries claim to have invested trillions of Dollars on renewable energies, Gebru said they don’t even manage to meet the pledge for the 100 billion USD contributions.
“But the actual contribution they have made from the public finance for the implementation of the projects especially adaptation projects is by far lower than what science has been recommending”.
The rulebook, which will guide countries in the implementation of the agreement, is going to be finalized by the end of next year. Once finalized, it will guide LDCs on how to plan and implement climate change effectively, he said.
Climate Change Finance Chief Negotiator for LDCs, Evans Njewa said that developed countries should mobilize and provide adequate and sustainable financial support to the developing countries in particular those from LDC’s.
“Most of the water sheds and rivers are drying up because of climate change and we want to restore those ecosystems, so urgent climate finance is required”, he added.
“When you look at Africa as a whole the amount of resources required for us to address climate change is huge and the amount of funds that have been available in the financial mechanism of the convention is not adequate yet,” the Chief Negotiator pointed out.
Recalling that developed countries agreed to mobilize 100 billion USD by 2020 in Copenhagen in 2009, Njewa said “but this has not happened yet”.
According to him, the Green Climate Fund (GCF), which is the major fund for climate finance, has only received pledges up to 10 billion USD which is only one tenth of the expected 100 billion USD.
“We now need to consider having a scientific figure that will have the 100 billion USD as the floor or the minimum by the year 2020 and we will move from there,” Njewa added.
He said that not having a written and agreed definition of the climate change finance until now was one of the major challenges encountered in attaining all the required assistance for projects of adaption and mitigation.
LDC Group, which consists of 47 countries, discussed issues and set strategies and positions for the Group’s effective engagement in the upcoming UN climate change negotiations.
The Paris Agreement aims to strengthen the global response to the threat of climate change, in the context of sustainable development and efforts to eradicate poverty.
Governments agreed to provide continued and enhanced support for adaptation recognizing the importance of averting, minimizing and addressing loss and damage associated with the adverse effects of climate change.