The dialogues on Climate Change Action have failed to produce effective measures. At the heart of the problem is the refusal of the developed countries to accept the reality that they were the beneficiaries of the industrial revolution, colonialism, and imperialism and have contributed the maximum to the current problems humanity faces on account of climate change. Hence, two-thirds of the world’s assertion that developed nations bear the costs of implementing corrective measures is very valid and logical.
The 27th Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) was hosted by the Government of the Arab Republic of Egypt from 06 November to 18 November (extended to 20 November). This conference comes at a time when the world witnessed massive heatwaves, flooding in Pakistan, wildfires across Spain and California, and droughts in East Africa. The mission of the conference is to take collective action to combat climate change under the Paris agreement and the convention. After a decade of climate talks, the question is, “are countries ready to take collective action against climate change”?
Developed Nations’ Responsibility and Accountability
Financial compensation remains a huge contestation point between developed and developing countries. Developing countries or the Global South face the adverse effects of climate change and demand compensation for the historical damage caused by colonialism and resource extraction that aided in the development of the Global North. This includes countries in the EU and the United States. Developed countries bear the most responsibility for emissions leading to global temperature rise — between 1751 and 2017, the United States, the EU and the UK were responsible for 47% of cumulative carbon dioxide emissions compared to just 6% from the entire African and South American continents. At COP15 in Copenhagen in 2009, Global North nations agreed to pledge $100 billion (€101 billion) annually by 2020 to help developing countries adapt to the impacts of climate change, for example, by providing farmers with drought-resistant crops or paying for better flood defences. But according to the Organization for Economic Cooperation and Development (OECD), which tracks funding, in 2020 wealthy countries pledged just over $83 billion.
Developed countries bear the most responsibility for emissions leading to global temperature rise — between 1751 and 2017, the United States, the EU and the UK were responsible for 47% of cumulative carbon dioxide emissions compared to just 6% from the entire African and South American continents.
Such compensation for loss and damage has been a focal point in all climate summits since 1991. In terms of institutional developments, the COP19 conference in 2013 established the Warsaw Mechanism for Loss and Damage, which is supposed to enhance global understanding of climate risk, promote transnational dialogue and cooperation, and strengthen “action and support”. At COP25, the Santiago Network on Loss and Damage (SNLD) was set up to provide research and technical assistance on the issue of loss and damage from human-induced climate change. The meeting did not discuss the working process of the network and hence it was taken up in COP26, where no elaborate changes were made. Although in COP26, the Glasgow facility to finance solutions for loss and damage was brought by G77 countries, developed countries such as the US and the EU bloc did not go beyond agreeing to a three-year dialogue.
Developed countries constantly focus on holding dialogues rather than coming up with solutions for climate risk mitigation.
The US’s stance on financing vulnerable countries to find solutions against climate change is constantly shifting. The trend indicates that the US wants to focus on curbing global warming rather than dwell on past losses and damages that have already occurred. The Global North is reluctant to acknowledge the mere definition of loss and damage, as an acknowledgement will make them liable for 30 years’ worth of climate change impact. Developed countries constantly focus on holding dialogues rather than coming up with solutions for climate risk mitigation. In a statement prior to COP27, U.S. climate envoy John Kerry expressed concern about how the shifting focus on loss and damage “could delay our ability to do the most important thing of all, which is [to] achieve mitigation sufficient to reduce the level of adaptation.”
USA’s leads Evasive Tactics
The Bonn Summit held in June 2022 which set a precedent for the COP27 agenda ended in disagreement as the US and EU refused to accept funding for loss and damage as an agenda. Although, during the conclusion of COP27, the countries were successful in agreeing to establish a fund for loss and damage. Governments also agreed to establish a ‘transitional committee’ to make recommendations on how to operationalize both the new funding arrangements and the fund at COP28 next year. The first meeting of the transitional committee is expected to take place before the end of March 2023.
Parties also agreed on the institutional arrangements to operationalize the Santiago Network for Loss and Damage, to mobilise technical assistance to developing countries that are particularly vulnerable to the adverse effects of climate change. Governments agreed to move forward on the Global Goal on Adaptation, which will conclude at COP28 and inform the first Global Stocktake, improving resilience amongst the most vulnerable. New pledges, totalling more than USD 230 million, were made to the Adaptation Fund at COP27. These pledges will help many more vulnerable communities adapt to climate change through concrete adaptation solutions.
Despite a groundbreaking agreement, the most common question asked by the public is “are the climate summits any good?”
The question arises due to the absence of effective leadership to monitor or condemn nations over the destruction of the environment. The summits have created a sense of accountability for all nations, irrespective of the stage of vulnerability. While vulnerable states bear a higher cost due to climate change, all states collectively pledge to reduce carbon emissions and achieve net-zero emissions by 2050. While a monitoring mechanism is absent, non-governmental organisations (NGOs) and civil societies actively advocate for climate change mitigation measures and also criticise both state and non-state actors for their lack of initiatives against the cost. Incidentally, COP27 partnered with Coca-Cola for sponsorship and many activists slammed the move as Coca-Cola is one of the top five polluters in 2022, producing around 120 billion throwaway plastic bottles a year.
Apart from that, many other funding networks and initiatives have been introduced to support vulnerable countries against climate change. Under Germany’s G7 presidency, the G7 along with the vulnerable 20 countries or V20 launched the Global Shield against Climate Risks during COP27. The Shield gathers activities in the field of climate risk finance and preparedness together under one roof. Under the Shield, solutions to provide protection will be devised that can be implemented swiftly if climate-related damages occur. At COP27, Chancellor Olaf Scholz announced Germany’s contribution of 170 million euros to the Shield. Of this, 84 million euros are earmarked for the central financing structure of the Shield, the other funds for complementary instruments of climate risk financing, which will be implemented towards concrete safeguarding measures over the next few years.
On 20 September, Denmark became the first developed country in the world to provide financial compensation to developing countries for ‘loss and damage’ caused by climate change. The country pledged approximately EUR 13 million (100 million Danish krone) to civil society organisations based in developing nations working on climate change-related loss and damage. Germany and Denmark are so far the only financial supporters of the initiative launched at COP27.
What can India do?
India has launched Mission LiFE, an initiative to bring a lifestyle change that reduces the burden on the environment. During the event, the MoEFCC – UNDP Compendium ‘Prayaas Se Prabhaav Tak – From Mindless Consumption to Mindful Utilisation’ was launched. It focuses on reduced consumption, circular economy, Vasudhaiva Kutumbakam, and sustainable resource management. India has also signed the Mangrove Alliance for Climate (MAC), determined to protect mangroves and create a carbon sink of 3 billion CO2 by expanding the forest cover.
India has maintained a stance where it has neither advocated for nor against financial compensation for loss and damage. However, it has always called on developed countries to provide finance for developing technology or sharing technical know-how to reduce climate risk. Such an approach can help other countries to push for financial aid to develop technology instead of using their own resources.
Further, India holds a unique position among developing countries as an emerging economy. With its diplomatic prowess under the Modi government, India can play an ideal role in negotiating with developed countries. India has maintained a stance where it has neither advocated for nor against financial compensation for loss and damage. However, it has always called on developed countries to provide finance for developing technology or sharing technical know-how to reduce climate risk. Such an approach can help other countries to push for financial aid to develop technology instead of using their own resources. India is also focused on phasing out the use of fossil fuels and not just the use of coal, which is another consistent move that adds to the country’s credentials. With the weaponization of energy by Russia since the onset of the Ukraine war, India’s call for action has garnered intensive support from both developed and developing nations. With the support of the Global South, India can assume a leadership role in establishing south-south cooperation with respect to climate risk mitigation and shift to renewable energy such as solar power.
Conclusion
Climate funds are important for designing and implementing solutions as developing and vulnerable countries find it difficult to diversify resources from developmental activities. The question largely remains whether the COP27 countries will adhere to the agreement concluded at the summit. There is no conclusive evidence on when the fund will be set up and the liability if countries fail to contribute to the fund. Eventually, it comes down to the countries- both state and non-state actors to effectively reduce fossil fuel consumption and reduce wastage, as many countries still focus on exploiting African gas reserves to meet their energy requirements. Ambitious goals with no actual results are a trend that is expected to continue till the next summit, and with such a trend the world has a long way to go to curb the temperature at 1.5 degree Celsius at pre-industrial levels.
Feature Image Credit: www.cnbc.com
Article Image: aljazeera.com
