Environmental

Adapt to climate and cut emissions, say Brazil, South Africa, India and China

The collective of the four advanced developing countries, BASIC, Brazil, South Africa, India and China, has stressed that the global effort to tackle climate change must focus on adapting to climate as well as reducing emissions.

The Economic Times
13/10/2014 15:58
Visualizações: 244 (0) (0) (0) (0)

The collective of the four advanced developing countries, BASIC, Brazil, South Africa, India and China, has stressed that the global effort to tackle climate change must focus on adapting to climate as well as reducing emissions. "Adaptation needs are driven by the extent of adverse effects of climate change, experienced both now and in the future," the BASIC said in the statement on Friday at the end of their two-consultation in Sun City, South Africa.Ahead of the negotiations to be held in Bonn later this month, the BASIC made it clear that the developing countries will not allow a lopsided global agreement that will focus more on efforts to reduce emission.

 

 

The quartet stressed that the new global compact to be finalised in Paris next December must be balanced and include the efforts to be made by each country or intended nationally determined contributions (INDC) must include mitigation, adaptation, finance, technology development and transfer, and capacitybuilding. In this context, the representatives of the four countries reiterated the need to focus on adaptation. "Adaptation is an issue which requires a global response and is as important as mitigation. National Adaptation Plans (NAPs) could be the basis for parties' adaptation INDCs. Investment in adaptation by developing countries would represent an adaptation contribution," the BASIC said in the statement.The BASIC has said that the existing institutions and mechanisms created under the Convention should be used and further strengthened beyond 2020. "The elements of the 2015 agreement should strengthen and enhance the effectiveness and efficiency of climate action. This will be done through provisions to strengthen institutional linkages between the adaptation committee and the Technology Executive Committee with the Standing Committee on Finance with the Green Climate Fund and other operating entities of the Convention's Financial Mechanism," according to the statement.

 

Making the link between provision of climate finance by industrialised countries and the robustness of the global effort to counter climate change, the BASIC sought clarity on the manner in which developing countries will be supported in the implementation of their contributions under the 2015 agreement, given the serious socio-economic challenges they face and their urgent efforts to eradicate poverty. The quartet called on the industrialised countries to give "clearer" indications of their commitment to meet the climate finance goal of $100 billion a year by 2020 and the initial capitalisation of the Green Climate Fund. Till now $2.3 billion has been pledged towards the Green Climate Fund, but it falls far short of the $10 billion required to begin operations in 2015.

 

The BASIC leaders "stressed the need for clearer indications from developed countries on meeting their commitment to provide $100 billion in climate finance per year by 2020, and meaningful and substantial contributions to the Green Climate Fund", the statement said.

 

Besides, the four countries agreed to push for adequate resource allocation to the Adaptation Fund and the adaptation window of the Green Climate Fund at the December negotiations in Lima under the aegis of the United Nations Framework on Climate Change.

 

The leaders and representatives of the four countries stressed that the new global compact must not redefine or renegotiate the convention and must recognise the differentiation between developed and developing countries as reflected in the principle of common but differentiated responsibility and respective capabilities.Industrialised countries have been pushing for a reworking of the 1992 firewall between developed and developing countries, arguing that the economic realities of the 1990s no longer hold true in 2014.

 

 

Most Read
see see
Results
ANP Releases Consolidated Data on Oil and Gas Production...
03/08/26
SOG 2026
Banco do Nordeste Has R$ 504 Million for the Energy Sect...
03/08/26
PPSA
TotalEnergies and ExxonMobil Win Atapu and Bacalhau Cargoes
31/07/26
SOG 2026
Sebrae Sergipe Strengthens Small Businesses and Expands ...
31/07/26
PPSA
PPSA Expects to Hold the First Auction of the Union’s Na...
30/07/26
SOG 2026
Sergipe Oil & Gas 2026 Begins with a Focus on Investment...
30/07/26
SOG 2026
Petrobras Director Opens Sergipe Oil & Gas with Analysis...
30/07/26
FIRJAN
Agrega + Indústria brings together entities, companies, ...
29/07/26
SOG 2026
ABPIP brings to Sergipe Oil & Gas a debate on strengthen...
28/07/26
Event
BR Aviation presents its portfolio of customized solutio...
23/07/26
Royalties
Royalties: amounts referring to May production distribut...
23/07/26
Fuels
Fuel and lubricants sector registers 1.8% drop in June, ...
22/07/26
IBP
Studies point to redundancy of the export tax and extra ...
22/07/26
PPSA
7th Spot Auction: PPSA markets cargoes from Atapu and Ba...
20/07/26
Results
Union oil production reaches 244 thousand barrels per da...
17/07/26
State of Ceará
Natural gas arrives in Cariri (CE) and strengthens econo...
16/07/26
Terminals
Vast announces contract extension with PETRONAS Brasil u...
15/07/26
International
War, oil and the dollar: how global fluctuations impact ...
13/07/26
ANP
Third-party access to natural gas flow pipelines and pro...
10/07/26
Agreement
ANP and Petrobras sign agreement to bring 335 offshore w...
07/07/26
Logistics
Vast Infraestrutura and Petrobras strengthen partnership...
07/07/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2