The urgent imperative of tackling climate change is rarely associated with the dry science of budgeting and fiscal policy—but it should be. Director of WRI's Governance program Mark Robinson explains.
For the first time, loss and damage now resides within the international climate agreement as a standalone concept. It springs from the reality that there are some climate change impacts that cannot be adapted to—impacts that are so severe that they leave in their wake permanent or significantly damaging effects.
The new Paris Agreement places unprecedented importance on actions needed to help people adapt to a warmer world, and solidifies expectations that all countries will do their part to promote greater climate resilience.
Negotiators made major and encouraging promises when they adopted the new Paris Agreement at COP21 last week. Yet the future success of this Agreement relies on tough questions about accountability, participation, transparency and effectiveness—all of which have governance challenges at their core.
Countries are at different stages of development, with different levels of capabilities. This reality must be considered when building a low-carbon and climate-resilient world.
Never in the history of UN climate summits has there been such a bright spotlight on transport. This is a momentous kick-start to promote widespread adoption of sustainable mobility in order to curb climate change.
One of the new Agreement's core ingredients is known as the ambition mechanism, or cycles of action. This mechanism lays out a process to continue strengthening countries' climate action every five years, starting before 2020.
The Agreement adopted at COP21 in Paris takes the world further than it has ever gone before on climate policy. WRI Climate Director Jennifer Morgan explains.
The Paris Agreement has set the world on course for transformative climate action to cut emissions, promote clean energy, build climate resilience, and catalyze climate action investments. The Agreement’s backbone is transparency and accountability on the steps countries are taking toward these goals. This transparency is vital for building international trust and confidence that action is taking place as well as for assessing how to facilitate further action.
"Under President Obama, the United States has sent a clear message at home and abroad that it's serious about climate action," write WRI Board member and former Governor of New Mexico Bill Richardson. "We've vastly increased fuel efficiency standards for vehicles, set standards to limit carbon pollution under the Clean Power Plan, and brought China and other countries together around firm international commitments for action."