UNCTAD urges stronger action to help least developed nations tap into carbon markets
The United Nations Trade and Development (UNCTAD) urged during the 29th United Nations Climate Change ...
UNEP to work ever closer with African nations to drive low-carbon, climate-resilient development transitions
Executive Director of the United Nations Environment Program (UNEP) Inger Andersen said the UNEP will work ever closer with the African Ministerial Conference on the Environment (AMCEN) and African nations to drive low-carbon and climate-resilient development transitions. And to support Africa as it cements its place as a thriving and respected leader in carving out a better, greener future for all.
“Africa can truly take a great leap forward to low-carbon, climate-resilient and prosperous societies. And this is a leap that African nations must take. Yes, the big emitters, particularly G20 nations, must bring down their emissions rapidly. Yes, they must support developing nations. But low and middle-income countries must also ensure that they do not themselves step into spots vacated by the big emitters and commit the self-defeating act of fueling their own climate vulnerability,” she highlighted.
“We are gathered here at this COP, and at this event, to make real progress on the climate emergency. It is time to set new climate records. Not on temperature highs and climate extremes. But on emissions cuts, on financing adaptation, on loss and damage and on just transitions. This is essential to end the climate injustice that means the nations, communities and people who bear the least responsibility for climate change suffer the most from its impacts,” she said.
UNEP’s 2023 Emissions Gap Report was clear that countries with greater responsibility for emissions must take more ambitious action – and provide financial and technical support to developing nations. UNEP’s Adaptation Gap Report was clear that wealthy nations, the private sector, philanthropies and others must deliver serious funds for adaptation and Loss and Damage. Because the adaptation finance gap runs to hundreds of billions each year. And losses and damages are mounting.
The green-lighting of the Loss and Damage Fund, and financial pledges made to it, at this COP is a step in the right direction. Now we look to what progress can be made on the global goal on adaptation and the collective quantified finance goal.
“Africa is becoming an ever-stronger global force on climate,” she said.
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