UNFCCC: Systems Transformations Needed to Meet Paris Goals

Governments meeting at COP28 need to “support systems transformations” that mainstream climate resilience and low GHG emissions development to reinforce global efforts to tackle climate change. The need for systems transformations was emphasised in the synthesis report on the technical dialogue of the first Global Stocktake of climate policy since the Paris Agreement, released by the UN Framework Convention on Climate Change (UNFCCC). The report also noted that non-Party stakeholders need to undertake “credible, accountable and transparent” actions to bolster these efforts for systems transformations. The report highlighted that systems transformations can create opportunities, with “carefully designed” climate action holding the potential to generate “significant” social and economic progress and benefits, including in health, education and employment. While the report acknowledged that rapid systems transformations changes could be “disruptive”, the impacts of climate change would be more so. The synthesis report also found that global emissions are not in line with modelled global mitigation pathways consistent with the temperature goal of the Paris Agreement, noting a “rapidly narrowing window” to implement existing commitments. It also flagged that increased adaptation action and enhanced efforts to avert, minimise and address loss and damage are “urgently needed” to reduce and respond to increasing climate change, and impacts on countries and communities. that the report also said international public finance needed to be strategically deploying to scaled-up the mobilisation of support for climate action in developing countries. Established under Article 14 of the Paris Agreement, the Global Stocktake is scheduled to conclude at COP28. The stocktake will feed into negotiations in Dubai and will play a key role in setting nationally determined contributions for the next five years. 

 

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