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Context
Details
Concerns
India’s point of discussion
Global Stocktake It is a process which aims to assess for reviewing the implementation of the Paris Agreement i.e. goal of keeping global warming to well below 2°C and pursuing efforts to keep it under 1.5°C above pre-industrial levels. Hence it reviews the world’s collective progress towards achieving these agreed goals and provides It provides an opportunity to identify gaps correct the course to meet the targets to build a resilient future |
Agendas of Discussion
Mobilizing finance
Building adaptation and resilience
Nature regeneration
Addressing climate losses and damages
Loss and damage fund Historically, G20 countries have emitted majority of the greenhouse gases driving the climate crisis leading to loss and damages. It means negative consequences to life, livelihood and ecosystems due climate change. In response to address this a Loss and Damage Fund was, established in United Nations Climate Conference (COP 27), Sharm el-Sheikh in Egypt. It reaffirmed nations’ commitment to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels. Hence it will help in strengthening the ability of impacted communities/nations to mitigate and adapt to climate change. It will also promote collaboration in the field of research and systematic observation of the climate system. |
Cross-cutting prioritization of inclusivity across all efforts
Other points of discussion
SBSTA The Subsidiary Body for Scientific and Technological Advice (SBSTA) is a subsidiary body of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP). It meets at least twice a year and provides timely information and advice on scientific and technological matters as they related to various conventions related to climate. Suggestions could be on -
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MUST READ ARTICLE:
https://www.iasgyan.in/daily-current-affairs/climate-finance
PRACTICE QUESTION Bonn meeting in Germany is a road to success of COP 28 in Dubai. Discuss with reference to its intended objectives of improving overall health of ecosystems of the planet. (250 words) |
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