Delegates at the Glasgow Climate Change Conference heard the first overview of the state of play in the negotiations since texts and issues were handed to ministers on Monday, 8 November. Finance discussions continued with additional urgency, given the COP 26 Presidency’s call to conclude technical deliberations on these items by the end of the day.
Presidency’s Stocktaking Session
COP 26 President Alok Sharma said world leaders were clearly committed to an ambitious COP 26 outcome. Ministerial Co-Facilitators reported back.
On Article 6, Espen Barth Eide, Minister of Climate and the Environment, Norway, said there is universal agreement on concluding this work at COP 26. He noted key political issues remain: share of proceeds; accounting for units generated out of the scope of nationally determined contributions (NDCs), including corresponding adjustments; and carryover of activities and units from the Kyoto Protocol’s Clean Development Mechanism (CDM).
On common time frames, Simonetta Sommaruga, Minister of the Environment, Transport, Energy and Communications, Switzerland, said the Co-Facilitators pared down the text to two options. She said views still differ widely, with some parties stressing the Paris Agreement’s five-year ambition cycle and others calling for flexibility.
On the enhanced transparency framework, James Shaw, Minister for Climate Change, New Zealand, reported that a revised draft decision text was imminent and noted concerns around the sequencing of decisions given the linkages to other agenda items. Noting that the first reports are due in 2024, he relayed calls for assurances on the delivery of support, and said continued work was required on how to deliver such assurances.
On adaptation, Aminauth Shauna, Minister of the Environment, Maldives, said that parties have agreed to a two-year work programme on the global goal for adaptation under the subsidiary bodies, with the involvement of the CMA Presidencies to maintain the political profile of the goal. Continue reading