On 22 and 23 May, 900 decision-makers from countries, regions and cities as well as stakeholders and experts from around the world convened for the International Conference on Climate Action (ICCA 2019) in Heidelberg. Their aim: strengthening mitigation and adaptation measures, especially in urban areas, by improving coordination and cooperation across all levels of government and with civil society and the private sector.
The G20 has a strong economic interest in limiting global warming to 1.5°C due to climate change’s negative impact on total economic activity, the productivity of the workforce and the smooth functioning of financial markets. The G20 countries are key for driving this global transition since they account for approximately 80 % of global greenhouse gas emissions, 85 % of global gross domestic product and 75 % of foreign direct investment flows.
The Paris Agreement sets an irreversible direction for countries to tackle the climate crisis and pursue sustainable development. However, the Agreement still has to show that it can trigger the necessary ambition of action. One potential way to accelerate action are transformative implementation partnerships.
The Green Climate Fund (GCF) is the world’s largest dedicated fund for climate action. By the end of this year it will have distributed all USD 10.2 billion of its initial resource mobilisation to over 102 projects in 97 countries, and we hope have raised twice as much again in its first formal replenishment. It is vital that the GCF’s efforts to increase finance for climate change are successful.
Monitoring and evaluation (M&E) has involved external experts or stakeholders measuring performance of a project or an activity against preset indicators, using standardized procedures and tools. However, with growing emphasis on participatory approaches towards development, there has been recognition that M&E should also be inclusive and consultative.
We hope that you are all well and keep on applying your ECL-knowledge in your daily lives! It has been half a year since you last met in Germany/ Tanzania for your evaluation seminar. It is more than two years of learning and working together under ECL. It is therefore time that we look back for a long-term evaluation. – Would be very helpful if you can fill out the short online questionnaire until June 10th. Thanks!
In ECL-Newsletter No. 6 we give you an update on interesting news and CAN Tanzania & Germanwatch work.
In Japan, this year's G20 host, awareness of climate-related risks has risen in recent years. However, the road to a fully sustainable financial system is still long.
Not only cities and municipalities, but also the real estate industry are driving the market for green bonds in Sweden, making the country a pioneer in sustainable finance. However, there are still no binding standards.
China is following ambitious green finance plans – also for its investments overseas. But some standards are too low and should be tightened. So far, coal investments have also been considered green if the projects are "cleaner".
In regards to the informal summit of the European Council in Sibiu, Romania, on 9th of May and the European elections, a major European alliance of cities, regions, businesses, civil society organizations, sports and youth associations urge the EU decision makers to take decisive action to respond to the climate emergency. Germanwatch supports the Climate Action Call.
Short about the CO2 intensive lifestyle of a metropolitan. Directed by Peter Wedel with Benno Fürmann.