BONN, Germany (PAMACC News) - Multilateral Development Banks and other financing institution have been urged to boost climate finance in support of new international agreement and sustainable development pathways especially in Africa in line with the COP 21 Paris Agreement;
The call was made at climate discussions in Bonn May 13, 2017, on how Multilateral Development Banks can mobilize and deploy climate finance in developing countries to permit them carryout the different projects outlined in their NDCs.
According to Dr Stephen Singer, CAN International, multilateral banks have crucial parts to play in achieving the goals set out in the Paris Agreement and the Sustainable Development Goals.
“Delivering on the Paris Agreement is all about radical economic transformation and fostering sustainable, low-carbon and strong growth. Economic policy and finance, and this multilateral banks and finance ministries, will be at the core,” he said.
Experts called for a strong partnership between multilateral banks and the provide sector to be able to stand the challenges of growing urbanization and emerging markets.
“What these financial institutions do over the next two decades will determine whether we succeed or fail to deliver this global agenda.
During that time, the size of the world’s economy is likely to double, and the amount of infrastructure will probably increase by a still larger factor, with strong urbanization and growth in developing and emerging market countries,” noted Peter Bett of the Department of Business, Energy and industrial Strategy, Robert Moore UK.
According to conference participants,investments in sustainable infrastructure will not only help us to realize the goals of the Paris Agreement but will also allow the different countries meet up with the challenges to reach the Sustainable Development Goals.
Gareth Philips, of the African Development Bank Group pointed out that the world is set to invest aboutUS$90 trillion in infrastructure over the next 15 years. That means spending will increase from about US$3.4 trillion per year to about US$6 trillion with most of this investment located in developing and emerging market countries.
“If this infrastructure is not sustainable, and instead locks in high-carbon activities, the world will lose its chance of meeting the Paris Agreement goal of holding the rise in global mean surface temperature to well below 2 Celsius degrees above its level in the middle of the 19th century,” he said.
Sustainable infrastructure is not only low-carbon but it is also climate-resilient. It must be able to cope with the current climate and with those impacts of climate change that we cannot now avoid. And it is clean, efficient and smart.
All new infrastructure, including for energy, transport, water and communications, must be sustainable, as was emphasised by the report on ‘The Sustainable Infrastructure Imperative’ by the Global Commission on the Economy and Climate in October. This is particularly true for cities and towns, which already host the majority of the world’s population.
Urbanisation is taking place at a remarkable speed. Only sustainable infrastructure can help to reduce pollution, waste and congestion, and ensure that we can live and breathe in our cities. If we get the infrastructure right, we will have resilient and inclusive towns and cities
where poor people have a chance to raise their living standards and escape from poverty. And those in rural areas will see new opportunities to move, and more will be able to access, energy, transport and water supplies.
Participants agreed that the ‘nationally determined contributions’ to the Paris Agreement can help each country to have sustainable and inclusive growth and to reduce poverty. But noted that building low-carbon and climate-resilient infrastructure will drive growth, and will allow countries tackle together economic development, and climate change mitigation and adaptation, the two being intimately intertwined in both urban and rural areas.
“ Success in financing climate resilience projects will create huge economic opportunities. But there are also great dangers in delay and severe risks of locking in unsustainable infrastructure, said Said Chakri of the Moroccan NDA secretariat to GCF.
“The urgent need to invest in sustainable infrastructure is a central issue for both finance ministries and for the national and regional development banks,” he added.
Experts noted that finance ministries should be concerned with growth, investment, policy and resources because only credible policies will raise finance, through both direct revenue and economic growth itself.
Mithika Mwenda of PACJA raised the issue of the absence of pre-prior consents of local communities that have never been respected by investors, citing the case of Congo Basin in Africa.
“The question is whether this is going to affect financing of projects in these areas or not. Most of these investments are profit driven but there is need to balance investments and climate change challenges,” Mithika said.
This entails the need for consistency, clarity and credibility, creating an environment that is conducive for both investors and the indigenous communities, he added.
BONN, Germany (PAMACC News) - Civil society organisations at the ongoing Subsidiary Body for Scientific and Technological Advice (SBSTA) conference in Bonn have called on the UNFCCC to kick out representatives of big oil, gas and coal corporate organisations from the climate negotiation room, citing conflict of interest.
Article 12 of the Paris Agreement explicitly allows public participation in the climate policy making process, thus inviting everybody on board, including representatives of major fossil fuel corporations.
But now, civil society groups say that this is likely going to derail the entire process. “There will be no progress with involvement of the industry, because such players are profit oriented,” said Jesse Bragg, the spokesperson of the Corporate Accountability International.
On 12th May 2007, the UNFCCC released a report based on one of the sessions during the conference, where participants had expressed concerns about involvement of such multibillion dollar corporate groups, arguing that they were likely going to use their financial capabilities to influence global policies on climate change.
According to the report published on the UNFCCC website, some participants stressed that enhancing the engagement of non-Party stakeholders must not undermine the legitimacy and integrity of the UNFCCC process.
To that end, one group proposed that the UNFCCC process should adopt a definition of conflict of interest in the same manner it was adopted by the World Health Organization (WHO) in to safeguard public health policy formulation especially when it involves issues to do with tobacco.
According to Article 5.3 of the WHO Framework Convention on Tobacco Control, such actors with conflicts of interest have been locked out completely due to similar reasons cited by climate lobby groups.
The WHO Article states; “In setting and implementing their public health policies with respect to tobacco control, Parties shall act to protect these policies from commercial and other vested interests of the tobacco industry in accordance with national law.
“This is the kind of protection we are looking for, when we are talking about climate change,” said Kathleen Roof also of Corporate Accountability International, noting that some of the biggest fossil fuel corporations knew more than 20 years ago that social and environmental devastation would follow in their footsteps, but they sought to deepen their pockets at any and every cost.
The same view is held by the umbrella of African civil society organisations on climate change, otherwise known as the Pan African Climate Justice Alliance (PACJA).
“By all means, we must have all fossil fuel corporate organisations off the climate negotiation table because they have always been an impediment to the process,” said Mithika Mwenda, PACJA Secretary General.
“We have seen them influence the Presidency of the United States of America, and given their money power, they will definitely bribe their way to ensure that their interests are taken good care of, despite the impact such decisions may cause to the environment,” said Mithika.
According to Corporate Accountability International, such business organisations are already represented at the UNFCCC through different accredited groups.
However, according to Sam Ogallah, also of PACJA, these groups are already recognized under the Paris Agreement, and that cannot be changed. To that effect, it means that civil society groups will need to employ innovative tactics to bar them from influencing the process.
BONN, Germany (PAMACC News) - Civil society organisations at the ongoing Subsidiary Body for Scientific and Technological Advice (SBSTA) conference in Bonn have called on the UNFCCC to kick out representatives of big oil, gas and coal corporate organisations from the climate negotiation room, citing conflict of interest.
Article 12 of the Paris Agreement explicitly allows public participation in the climate policy making process, thus inviting everybody on board, including representatives of major fossil fuel corporations.
But now, civil society groups say that this is likely going to derail the entire process. “There will be no progress with involvement of the industry, because such players are profit oriented,” said Jesse Bragg, the spokesperson of the Corporate Accountability International.
On 12th May 2007, the UNFCCC released a report based on one of the sessions during the conference, where participants had expressed concerns about involvement of such multibillion dollar corporate groups, arguing that they were likely going to use their financial capabilities to influence global policies on climate change.
According to the report published on the UNFCCC website, some participants stressed that enhancing the engagement of non-Party stakeholders must not undermine the legitimacy and integrity of the UNFCCC process.
To that end, one group proposed that the UNFCCC process should adopt a definition of conflict of interest in the same manner it was adopted by the World Health Organization (WHO) in to safeguard public health policy formulation especially when it involves issues to do with tobacco.
According to Article 5.3 of the WHO Framework Convention on Tobacco Control, such actors with conflicts of interest have been locked out completely due to similar reasons cited by climate lobby groups.
The WHO Article states; “In setting and implementing their public health policies with respect to tobacco control, Parties shall act to protect these policies from commercial and other vested interests of the tobacco industry in accordance with national law.
“This is the kind of protection we are looking for, when we are talking about climate change,” said Kathleen Roof also of Corporate Accountability International, noting that some of the biggest fossil fuel corporations knew more than 20 years ago that social and environmental devastation would follow in their footsteps, but they sought to deepen their pockets at any and every cost.
The same view is held by the umbrella of African civil society organisations on climate change, otherwise known as the Pan African Climate Justice Alliance (PACJA).
“By all means, we must have all fossil fuel corporate organisations off the climate negotiation table because they have always been an impediment to the process,” said Mithika Mwenda, PACJA Secretary General.
“We have seen them influence the Presidency of the United States of America, and given their money power, they will definitely bribe their way to ensure that their interests are taken good care of, despite the impact such decisions may cause to the environment,” said Mithika.
According to Corporate Accountability International, such business organisations are already represented at the UNFCCC through different accredited groups.
However, according to Sam Ogallah, also of PACJA, these groups are already recognized under the Paris Agreement, and that cannot be changed. To that effect, it means that civil society groups will need to employ innovative tactics to bar them from influencing the process.
BONN, Germany (PAMACC News) - The African civil society organisations have presented a communiqué that reviews the COP 22 Marrakech outcome and Paris Agreement regime and also contains recommendations for upcoming COP 23 to the Chair of African Group of negotiators, Seyni Nafo.
Coordinated by the Pan African Climate Justice Alliance (PACJA) the communiqué was presented in a meeting on the sidelines of climate talks in Bonn from 8-18 May, 2017.
PACJA’s Technical and Political Affairs Chair Augustine Njamnshi said the document was drafted at an Africa Regional Consultative Forum on Post-Marrakech and the Paris Agreement on April 19-21, 2017 in Kampala, Uganda. The consultation meeting accordingly, brought together Africa civil society, private sector, regional institutions like the United Nations Economic Commission for Africa and Pan-African Parliament, pastoralists, youth and women representatives.
The chair of the African group of negotiators Seyni Nafo hailed PACJA for its lead role on coordinating civil society in the continent.
“Civil society has an important role to play in ongoing climate talks, working in tandem to push national governments to action,” he said.
“African leaders have the liberty to make their own decisions. And though they may not be influenced by their ministers or by a commissioner of the EU in implementing decision, they are by and large accountable to the people that elected them to office. The civil society represents the voice of the grass root communities and this is very important,” Seyni noted.
The African Group of Negotiators, AGN, accordingly is a structure of all African Member States’ senior officials, experts and negotiators in the UNFCCC negotiations, with the African Ministerial Conference on the Environment (AMCEN) providing political oversight on the group.
Seyni said it has become traditional for AGN representatives to meet with various interest groups to explain the momentum and direction of negotiations during climate talks, reason why the meeting with African civil society led by PACJA at the ongoing SB46 talks in Bonn was imperative.
The African Civil Society raised the issue of the slow development of operational mechanism of the Africa Renewable Energy Initiative.
PACJA’s programmes Manager Sam Ogallah, emphasized on the continued role of non-state actors in the implementation of the Paris Agreement and called on the African non-state actors to enhance cooperation and partnership with African governments and development partners so as to intensify national climate actions
The document presented by the African civil society also called on the Pan African Parliament to strengthen the work of the African Climate Change Legislative Initiative by supporting countries to develop and implement climate change legislations as part of action to enhance implementation of the Paris Agreement.
It also called upon “African leaders and the African Group of Negotiators (AGN) to consider a paradigm shift in response to climate change catastrophe. Climate Change should be looked at as an “economic influence” as it affects productive sectors of most African countries; hence need to be factored in all economic equations. The demand to Annex 1 countries should include development of green industries and initiatives in Africa, address challenges of intellectual property rights and limited financing hindering technology transfer.”
The document request African leaders to fast-track and ensure an African-led process in the operationalisation of the Africa Renewable Energy Initiative (AREI) to serve the African people.
