A historic announcement from the G7, signalling the beginning of the end for fossil fuels, the Norwegian Sovereign Wealth Fund’s decision to divest from coal and IKEA’s announcement to pledge €1billion to climate action all show the real-economy and real-Leaders like German Chancellor Angela Merkel understand what’s at stake in Paris.
Yet with the Bonn negotiations criticised for “moving too slow” and for failing to get into the substance of a Paris agreement, these external realities are yet to penetrate the plenaries, and some countries are yet to harness these growing signals from the outside world.
Some progress was seen over the last two weeks, with governments delivering steps towards more ambitious and immediate emissions cuts over the next five years – a key element of the Paris package – and producing a breakthrough on the UN-backed forest protection scheme, REDD+.
They also reorganised and streamlined the draft negotiating text, and gave a “green light” for the co-chairs of the negotiations to produce an even more compact version ahead of the next round of talks in August.
This will allow negotiators to get straight to the “crunch issues” when they meet again, such as “ensuring that the Paris deal is funded, that it protects vulnerable communities and it has a mechanism to increase ambition over time”.
Pressure is now on governments to “make more rapid progress” and “make the necessary, bold decisions in the coming months that will ensure historic international action on climate change”.
With business leaders, major investors, faith groups, youth networks, trade unions, and frontline communities all adding to the momentum demanding and driving the transition away from fossil fuels and towards a future powered by renewables, the message to governments is clear: “The transition to a low carbon world is speeding up. Countries can either ride that wave or be washed away by it.”
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Tierney Smith is editor of TckTckTck.org
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