Weather and atmospheric phenomena are evolving. - Talks on climate funding are stalled.
A ten-day UN climate conference in Bonn ended without a breakthrough on the hotly debated topic of climate financing. Although the initial 65-page draft was reduced to 35 pages by Thursday, both sides maintained their demands.
Ever since 2009, industrialized countries have striven to provide billions annually in aid for climate protection initiatives in developing countries. This ambition was cemented in the Paris Climate Agreement of 2015 and further extended to 2025. In 2022, the $100 billion annual goal was finally achieved for the first time. Now, the focus is on post-2025 strategies. The upcoming World Climate Conference in November (COP29) is anticipated to provide concrete answers on this matter. Preparations for the COP29 should have commenced in Bonn.
Industrialized nations are pushing for financially contributed aid from developing countries in the future. The reasoning behind this is that these countries hold considerable contributions to climate pollution, namely oil extraction, and possess the corresponding wealth to support others.
Germany's State Secretary for Climate, Jennifer Morgan, informed the German Press Agency that progress on climate financing and various contentious matters have been left unresolved in Bonn. "While we haven't pinpointed a solution, we now have options we'll discuss politically," Morgan said. It's vital to achieve headway before the World Climate Conference in Baku: "We require a fresh approach to climate financing and sustainable economic planning globally," Morgan added.
Representatives from environmental protection organizations voiced their dissatisfaction. Susann Scherbarth from the German Environmental and Nature Protection Association (BUND) lamented, "Unfortunately, the kickoff for a successful climate conference in November in Azerbaijan was absent this week." "Countless political issues remain unanswered after the technical mid-term negotiations in Bonn," Scherbarth mentioned.
Jan Kowalzig, an Oxfam Climate Expert, called it "alarming" that industrialized countries have continuously attempted to reduce their commitments to assist low-income nations. Negotiations at the ministerial level are necessary for a solid draft resolution to be developed in Baku: "If the Azerbaijani COP presidency delays action, Baku may crumble on the topic of financing," Kowalzig cautioned.
Germanwatch Climate Expert David Ryfisch evaluated the progress made in Bonn as "extremely underwhelming." The ensuing responsibility lies with the Azerbaijani presidency: "Only ministers and ministers can mediate the intricate political disputes," Ryfisch declared. "Until then, the negotiating parties will continue to conceal their plans."
Various climate-related statistics were disclosed during the conference. The EU Climate Change Service Copernicus revealed that every month since record-keeping began had witnessed a new global warmest-monthly-average record. Consequently, May was the twelfth straight month in which the worldwide average temperature hit a new monthly record. Morgan highlighted, "The Southern German floods demonstrate: Each of us must better prepare ourselves for floods, droughts, heatwaves, and forest fires." This is particularly crucial for the most vulnerable developing countries.
Read also:
- The upcoming UN Climate Change Conference in November (COP29) in Baku is expected to provide concrete answers on post-2025 climate financing strategies, following the lack of a breakthrough on the topic at the recent ten-day conference in Bonn.
- With Germany leading the charge, industrialized nations are pushing for financially contributed aid from developing countries, arguing that these countries contribute significantly to climate pollution and have the wealth to support others.
- Jennifer Morgan, Germany's State Secretary for Climate, expressed her disappointment regarding the unresolved matters related to climate financing and other contentious issues that emerged from the climate conference in Bonn.
- The United Nations Framework Convention on Climate Change (UNFCCC) COP29 in Baku is of paramount importance, as Morgan emphasized the need for a fresh approach to climate financing and sustainable economic planning globally.
- The focus of discussions at the ministral level during COP29 in Baku will be crucial for developing a solid draft resolution, as Oxfam Climate Expert Jan Kowalzig warned against the imminent collapse of the conference on the matter of financing if no action is taken by the Azerbaijani presidency.
- The Germanwatch Climate Expert David Ryfisch assessed the progress made in Bonn as extremely underwhelming, highlighting the responsibility that lies with the Azerbaijani presidency to mediate the intricate political disputes and allow the negotiating parties to reveal their plans.
- The UN Climate Change Conference in Bonn revealed various climate-related statistics, such as the EU Climate Change Service Copernicus reporting that every month since recording began has witnessed a new global warmest-monthly-average record, with May being the twelfth consecutive month to set a new record.