No progress on #ClimateFinance (NCQG),
❌ Developed countries are still trying to avoid responsibilities and exclude #LossAndDamage,
❌ No real money on the table,
❌ Carbon markets are NOT finance.
The #ClimateFinance text has some good elements that need to be kept:
✅ Goal option 1: trillions, new money for mitigation, adaptation & #LossAndDamage, no debt
✅ Commitment to #HumanRights & access
✅ Recognition of need for grants-based finance, in particular for adaptation and L&D
The Lima Work Programme on #Gender:
✅ Gets extended to 10 years
✅ Has a clear roadmap for a Gender Action Plan
✅ includes gender- & age- disaggregated data.
The Global Goal on Adaptation:
✅ Includes critical #HumanRights indicators,
❌ lacks specific women & gender indicators,
❌ no mention of human mobility.
Carbon Markets ( #Article6) undermining ambition:
❌ Open door for #DangerousDistractions (removals) in 6.4
❌ No #HumanRights in Article 6.2,
❌ Accountability for harm or emissions reductions overestimates in 6.2,
❌ No transparency in 6.2.
The overall picture at #COP29 is bleak.
Countries are backtracking on human rights obligations across the board.
This includes developed countries’ obligations to provide public #ClimateFinance at scale.
✊️⚖️ No #ClimateJustice without #HumanRights. ⚖️✊️