COP 27 delivered on what was the ‘litmus test’ for its success – consensus on the establishment of a fund on loss and damage. What seemed impossible was made possible, largely due to the unity of the G77 and China and the role of the Egyptian Presidency. Also important were
Tag: Climate Change
Historic loss and damage fund takes COP27 to the edge
COP27: Despair, lack of progress at climate talks, yet hope blooms
COP27: Show me the money-supported by policy
Climate change is an existential threat to humans and our ability to thrive on a healthy planet. But when it comes to rising temperatures, the inability of humankind to slow emissions and limit warming to 1.5 degrees Celsius isn’t because we lack knowledge or need new technologies. Consider: Humans have been
Launch of EBRD climate adaptation action plan at COP27
As it moves to increase its climate adaptation finance, the European Bank for Reconstruction and Development (EBRD) has launched the EBRD Climate Adaptation Action Plan (CAAP) at COP27, the global climate summit taking place in Sharm el-Sheikh, Egypt. Climate adaptation – adapting to already existing climate change and anticipating future changes
COP27: Dhaka urges developed nations to double climate finance by 2025
Environment, Forest and Climate Change Minister Shahab Uddin has urged developed countries to at least double their collective provision of adaptation finance by 2025, as agreed upon during COP26 in Glasgow, and to provide support for the implementation of National Adaptation Plan (NAP). The environment minister made the call while
COP27: No decision yet on climate funding to vulnerable nations
No decision has been made yet over getting compensation for climate vulnerable countries, said Environment, Forest and Climate Change Minister Shahab Uddin."No decision has been made yet regarding the compensation to the vulnerable countries including Bangladesh, though Bangladesh and other countries are still hopeful that a decision about financial assistance
Call for collective actions to minimise migration, displacement
Collective actions are needed to minimise migration and displacement, including in Bangladesh, due to global climate change. Bangladesh, the International Organization for Migration (IOM) and the Climate Vulnerable Forum (CVF) jointly made the call for more action around climate induced migration and displacement. They recognised that climate change is a
COP27: The thorny road to Sharm El Sheikh
The 27th Conference Of Parties (COP27) on Climate Change comes at a time when we are facing unprecedented challenges due to the magnitude and the interconnected nature of our multiple structural crises. The world’s average temperature is now at 1,1℃. For many years now, we have been experiencing irreversible damage to
WTO urges countries to lift green trade barriers
The World Trade Organization on Monday urged countries to abolish trade barriers in environmental goods and services in order to help fight climate change. In its annual World Trade Report, the WTO says international commerce should not be pitted against combating the climate crisis. The report comes as global leaders