Relevance : GS Paper III (Ecology & Environment)
[1200 words reduced to 200]
- Average global temperatures have crossed a degree Celsius above pre-industrial levels.
- Purpose of the COP 24 is to agree on a rulebook to implement pledges made by the Paris Agreement.
- In the NDCs each country described the actions it would for mitigation and adaptation and the financial and technological support it needed.
- Article 9 of the Paris Agreement calls for financial support from developed countries and article 9.5 requires them to communicate their levels of support.
- The Hurdles
- Estimate of adaptation is complicated and has not yet developed.
- Little progress on finance, technology transfer and capacity development.
- Multilateral funds pledged until 2017 are less than $30 billion,.
- Double counting and counting of development aid.
- Inability to have any agreement between developing and rich countries.
- occupation of atmospheric carbon space by rich countries, leaving little room for poor nations.
- the Kyoto Protocol has not been ratified yet
- developed countries are not doing their duties much better
- Developed nations are still reliant on oil and coal.
- Way forward
- Reliable climate flows required from developed countries.
- Rich countries must alter their lifestyles considerably
- support to poor countries experiencing losses from climate change events.
- Earth is heading to be 3-4º C warmer by the end of the century. Drastic steps are needed to prevent the destruction of ecosystems and the mass extinction of species.