The momentum for climate action we are witnessing is extraordinary. Throughout 2019, millions of people took the streets all around the world to join the youth climate movement's school strike. Yet at this year’s most important climate politics meeting, the UN Climate Action Summit in New York, most governments were far from committing to sufficient action to avert dangerous climate change. Dr. Beatrice Mosello and Dr. Virginie Le Masson explain how to move things forward.
Ten years after committing to phase out fossil fuel subsidies, G20 countries still subsidise coal, oil and gas to the tune of around USD 150 billion annually. Peer review of fossil fuel subsidies help push the G20 forward on this issue, but these reviews need to be followed by action. Subsidy reforms could free up resources that could be channeled back into government programmes and on accelerating a clean energy transition.
As India grapples with the worsening impacts of climate change, the need to strengthen its adaptation efforts has become more significant than ever. Climate diplomacy and mainstreaming climate adaptation into the most vulnerable sectors could provide some solutions to overcoming barriers, such as the lack of sustainable funding.
From contentious rules on carbon trading, through efforts to raise ambition to who will host next year’s summit, negotiators have a full agenda this fortnight. Climate talks resume this week in Bonn, Germany, with negotiators working to finalise the last contentious points of the rulebook for the Paris Agreement.