Cement Energy and Environment

asked the APA to continue its consideration of "possible additional matters relatin!~ to the implementation of the Paris Agreement." Other Marrakech Outcomes Beyond developing the Paris rulebook, parties took actions and made announcements on a range of other issues, including: Adaptation Fund One holdover issue from Paris was whether the Adaptation Fund established under the Kyoto Protocol, which provides adaptation support to developing countries, would continue under the Paris Agreement. Although developed countries would prefer to channel support through the newly establish Green Climate Center for Climate and Energy Solutions 3 Fund, developin9 countries pushed very hard to keep the Adaptation Fund alive. Parties decided the fund "should serve the P<.tris Agreement," pending decisions on governance and other issues. 2018 Facilitative Dialogue In Paris, anticipating that the Paris Agreement would not be in force for several years, parties decided to conduct an early stocktake through a "facilitative dialogue" in 2018. (The next round of NDCs is due in 2019/20.) In Marrakech, parties asked the presidencies of COP 22 and COP 23 to jointly undertake consultations on how to organize the facilitative dialogue, and to report back at COP 23. Mid-Century Strategies The Paris Agreement encourages countries to prepare and submit "long-term low greenhouse gas emission development strategies" outlining the kinds of actions needed to achieve much deeper emission reductions. In Marrakech, Canada, Germany, Mexico, and the United States became the first countries to submit what have come to be known as mid-century strategies. A new initiative called the 2050 Pathway Platform was launched, with support from a broad array of national governments, cities, states, and companies, to help other countries develop their own mid-century strategies. Finance Heading into Marrakech, developed countries released a roadmap outlining how they foresee meeting the goal of mobilizing $100 billion a year in public and private finance for developing countries by 2020. In Marrakech, the UNFCCC's Standing Committee on Finance released its second biennial assessment, showing that total global climate finance increased 15 percent in 2013-14, reaching a high-bound estimate of $741 billion in 2014. Countries and others announced a variety of new financial pledges, including: • $23 million for the Climate Technology Centre and Network (CTCN), which provides technical assistance and capacity building for developing countries. • More than $50 million for the Capacity-building Initiative for Transparency established in Paris to help developing countries build the capacity to meet new transparency requirements; and • A doubling of World Bank climate finance for the Middle East-North Africa region to $1.5 billion by 2020. loss and Damage Parties conducted the first review of the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts (WIM). The mechanism, established as an interim body at COP 19 and subsequently brought under the Paris Agreement, is charged with developing approaches to help vulnerable countries cope with unavoidable climate impacts, including extreme weather events and slow-onset events such as sea-level rise. The next review will take place in 2019, and further reviews will be conducted on a five-year cycle, which cou ld align with the global stocktakes. Future Meetings Negotiations will resume at the annual Subsidiary Bodies meeting, set for May 8-18, 2017, in Bonn, Germany. Fiji will assume the COP presidency at COP 23, to be held November 6-17, 2017, in Bonn. Poland will host COP 24, set for November 5-16, 2018. Courtesy: Center for climate and energy solutions (C2ES) is an independent, nonpartisan, nonprofit organization working to forge practical solutions to climate change. Our mission to advance strong policy and action to reduce greenhouse gas emissions, promote clean energy, and strengthen resilience of climate impacts. 38 ... - -