- Dec 2015
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cop21.okfnlabs.org cop21.okfnlabs.org
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Option 1: [The mobilization of climate finance [shall][should][other] be scaled up [in a predictable and transparent manner] [beyond previous efforts] [from USD 100 billion per year] from 2020[, recognizing the important role of the Green Climate Fund in the scaling up of financial resources for the implementation of this agreement, as well as other multilateral mechanisms and other efforts].] Option 2: [The provision and mobilization of financial resources by developed country Parties and other developed Parties included in Annex II shall represent a progression beyond their previous efforts towards achieving short-term collective quantified goals for the post 2020 period to be periodically established and reviewed. Financial resources shall be scaled up from a floor of US$100 billion per year, including a clear burden-sharing formula [among them], and in line with needs and priorities identified by developing country Parties [including Parties whose special circumstances were recognized by COP decisions] in the context of contributing to the achievement of the [objective][purpose] (Article 2/XX) of this Agreement.
Report of the GCF and Guidance to the GCF: GCF Board Co-Chair Henrik Harboe (Norway) highlighted key milestones including: nomination of 136 National Designated Authorities; accreditation of 20 entities to channel finance into action on the ground; and signed contribution agreements representing 58% of the initial US$100 billion in pledges.
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[Developed country Parties shall provide developing country Parties, taking into account the needs of those that are particularly vulnerable, with long-term, scaled-up, predictable, new and additional finance
REPORT OF THE ADAPTATION FUND BOARD: Adaptation Fund Board Chair Hans Olav Ibrekk (Norway) reported that the “fund has never been more in demand” and has delivered effectively on its mandate, but that the sustainability of the fund is “in danger.” Parties established a contact group co-chaired by Richard Muyungi (Tanzania) and Herman Sips (the Netherlands) on this item (FCCC/KP/CMP/2015/2).
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the rights of indigenous peoples
INDIGENOUS PEOPLES urged, inter alia: respecting indigenous peoples’ rights; recognizing traditional knowledge and practices; and providing direct access to climate finance.
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Option 1: communication to 5 year time period Every 5 years, harmonised [NDMC*][INDC] Each Party shall [[communicate its [successive] [new]] [update its] [NDMC][INDC] by [year x] [2020] [2021] and every five years thereafter on a [synchronized][common] basis, [or resubmit an existing [NDMC][INDC]] [for the subsequent five-year time frame], taking into account the outcomes of the global stocktake referred to in Article 10.
Saying “we are far from where we need to be,” Climate Action Network (CAN), for ENVIRONMENTAL NGOs (ENGOs), called for creating five-year cycles and matching conditional INDCs with finance.
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Option 1: [The mobilization of climate finance [shall][should][other] be scaled up [in a predictable and transparent manner] [beyond previous efforts] [from USD 100 billion per year] from 2020[, recognizing the important role of the Green Climate Fund in the scaling up of financial resources for the implementation of this agreement, as well as other multilateral mechanisms and other efforts].] Option 2: [The provision and mobilization of financial resources by developed country Parties and other developed Parties included in Annex II shall represent a progression beyond their previous efforts towards achieving short-term collective quantified goals for the post 2020 period to be periodically established and reviewed. Financial resources shall be scaled up from a floor of US$100 billion per year, including a clear burden-sharing formula [among them], and in line with needs and priorities identified by developing country Parties [including Parties whose special circumstances were recognized by COP decisions] in the context of contributing to the achievement of the [objective][purpose] (Article 2/XX) of this Agreement.
China, for Brazil, South Africa, India and China, emphasized conducting work in an open, transparent, inclusive and party-driven manner, and said that the Paris agreement should be in line with CBDR and respective capabilities. On the pre-2020 period, he stressed that developed countries must meet their commitments and define a clear roadmap to achieving the US$100 billion goal.
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Flexibility LDCs [and SIDS][and African states] may communicate their [NDMC*][INDC] at their discretion, including information on strategies, plans and actions for low GHG development, reflecting their special circumstances.
The Republic of Korea, for the ENVIRONMENTAL INTEGRITY GROUP, called for the adoption of an agreement that is applicable to all, includes a flexible approach to differentiation, and has common rules and a mechanism to increase ambition over time.
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Hold the increase in the global average temperature [below 1.5 °C] [or] [well] [below 2 °C] above preindustrial levels by ensuring deep cuts in global greenhouse gas [net] emissions;
Angola, for the LDCs, stated that the 2°C limit is inadequate and should be strengthened to 1.5°C.
Maldives, for the ALLIANCE OF SMALL ISLAND STATES (AOSIS), called for the agreement to establish, inter alia, medium- and long-term emission reduction pathways capable of delivering less than 1.5°C of warming.
WOMEN AND GENDER urged countries to limit temperature rise to 1.5°C and avoid concepts such as net zero, carbon neutrality and offsetting.
LOCAL GOVERNMENTS AND MUNICIPAL AUTHORITIES highlighted the contributions of local governments to mitigation and adaptation, while calling for a 1.5°C temperature limit.
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Emphasizing the need to respond to the urgent threat of climate change on the basis of the [best available] [reliable] scientific knowledge, in particular, the assessment reports of the Intergovernmental Panel on Climate Change,
Saudi Arabia, for the ARAB GROUP, emphasized that setting a goal for governments’ efforts “needs to be substantiated by proven science,” provided by the IPCC.
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