Day 8 Policy Updates: Coal-land

By Anna Odell and Bohdan Zymka SBSTA closed early Sunday morning (late Saturday night) and SBI closed this morning before the stock-taking plenary. Overall, the G77 remains unified in the face of growing political pressure, particularly on the issues of loss and damage and finance. The G77 has stated that they won’t discuss post 2020 finance until pre 2020 finance has been addressed, and LDCs...

Day 2 Policy Updates: Welcome to COP

by Bogdan Zymka and Lara Shirley Since these were the first two days of COP19, not much exciting has happened: only a couple contentious discussions in various forums. In the COP (Conference of the Parties), the G77+China strongly emphasized the need for a finance roadmap and strong mitigation targets calling it "an implementation COP". Definite finance targets are on track to become a key...

Overview of UNFCCC Finance

by Bohdan Zymka In an effort to prepare for the coming COP in Warsaw, Earth in Brackets presents a brief overview of finance under the UNFCCC. The cost of climate change is rising. South Centre put the costs of mitigation and adaptation at 600 billion USD to 1.5 trillion USD per year, 5-10 times more then what has been pledged under the UNFCCC, and the costs of loss and damage have yet to be...

No money, mo’ problems

by Bogdan Zymka The clock is winding down in Doha and as the negotiations press on, the blank ivory pages under finance in the LCA have burned into our pupils like the setting Doha sun. So far, the only financial support that has been pushed through the text is more market mechanisms, despite major opposition from the developing world. Markets run on a profit motive, not a climate motive, when...

Tuesday’s Child

by Nathan Thanki and Bogdan Zymka (as part of our effort to be a resource to Youth groups, the following was sent to UNFCCC youth on Tuesday night) The opening of the high level plenary began today. Nothing really dramatic yet--apart from the ridiculous opening ceremony which actually included an interview that said "one must not be ashamed of doing something unspectacular or with low...