Did you know the United Nations Climate Change Conference (COP27) just wrapped up? Below are some of the strategies and agreements leaders and advocates from across the world agreed on to limit global temperature rise to 1.5 degrees Celsius.
- An agreement to establish a “Loss and Damage” fund for historically ignored countries that are vulnerable to climate change. Developing countries will be able to access technical assistance and resources through the Santiago Network for Loss and Damage to reduce greenhouse gasses, however an implementation strategy still needs to be developed.
- The establishment of the 2022 Global Climate Observing System and Implementation Plan to address knowledge gaps in developing nations’ natural environments (oceans, mountains, deserts, and polar regions). This will assist vulnerable communities in developing data driven climate mitigation strategies and early warning systems.
- The Least Developed Countries Expert Group announced as of now, 17 of the 46 least developed countries have submitted national adaptation plans since 2010. Fourteen nations have successfully accessed funding to implement climate resilience projects.
- A total of $11.3 billion has been approved by the Green Climate Fund to implement over 200 climate adaptation and mitigation projects in 128 developing countries. Although developed countries have not reached their goal to collectively pledge $100 billion per year by 2020, several have pledged over $300 million to the Adaptation Fund, Least Developed Countries Fund, and Special Climate Change Fund. COP27 urged developed countries to deliver on their pledges.
- An agreement from world leaders could not be reached to phase down the production of fossil fuels. While island countries and other frontline nations advocated to reduce dependency, oil rich countries announced they would continue to produce fossil fuels, but claimed they would invest in carbon sequestration projects to capture emissions.
The COP meeting demonstrated the significance of every day climate actions on humanity’s ability to slow down a warming planet. It is because of advocates like yourself that Green Umbrella is able to support local climate action initiatives. Will you consider donating to Green Umbrella to further the mission of creating resilient and equitable communities across our region?