COP26: CARE welcomes Climate Emergency Pact by highly impacted countries
Glasgow, 2 November 2021 - Today, the Climate Vulnerable Forum, a group of around 50 countries highly vulnerable to the impacts of the climate crisis, have launched the Climate Emergency Pact at COP26 in Glasgow. The pact proposes concrete steps for the quick and ambitious implementation of the Paris Agreement in areas of emission reductions for the 1.5°C limit, adaptation and climate finance.
CARE’s Global Policy Lead on Climate Change and Resilience, Sven Harmeling said:
CARE strongly welcomes the ambitious proposal for a Climate Emergency Pact, put on the table today by a large group of highly ambitious developing countries who are impacted most severely by the climate crisis.
This proposal is what is needed to protect people worst affected by the climate crisis, and fast: a climate finance delivery plan which ensures developed countries deliver USD $500 billion between 2020-2024. This figure is over and above development assistance commitments and half of it represents funding for adaptation. Independent annual monitoring, as proposed today, could fill a current, crucial gap and hold the richest countries to account.
The country group also highlights the need for each COP in the coming years to act as a platform for raising mitigation ambition, to fill the existing gap to the 1.5°C limit.
Finally the CVF stresses that this COP must deliver decisive action on additional finance for addressing the growing loss and damage in the Global South and anchor it permanently on the COP agenda. This adds to the calls for holding polluting countries and companies accountable for the damage their emissions cause to others, as has also been raised by the Prime Minister of Antigua and Barbuda at yesterday’s Heads of States segment. This proposal is rightly ambitious and, if implemented well, could offer real hope for the worst affected countries.”