At Opening Plenary of the Bonn Climate Conference, AOSIS sets stage for COP 272022-06-06 Ambassador Conrod Hunte
Madam Executive Secretary Chairs of the Subsidiary Bodies Excellencies Colleagues I speak on behalf of the Alliance of Small Island States, in line with the intervention by the Group of 77 and China. This year, as Parties, we have two critical challenges ahead: the first is to build accountability and follow-through to convert the Glasgow Climate Pact promises into credible and tangible action; the second is to urgently accelerate a just climate transition that will benefit people’s lives. Permit me to elaborate. GLASGOW CLIMATE PACT FOLLOW-THROUGH On the first pillar of the Glasgow Climate Pact: At COP26, we witnessed a clear shift to collectively support keeping 1.5 alive. The Glasgow Climate Pact called on Parties to revisit and strengthen 2030 targets in NDCs. We need each Party to do this, aligned to a 1.5-degree global emissions pathway with no overshoot. We expect strengthened NDC targets from major emitters, especially G20 members, by September to inform the Synthesis Report. This is just 3 months away! The Mitigation Work Programme is our chance to close the pre-2030 ambition gap. This session should draft text for adoption at COP27 that sets out the critical evidence-based actions for a 1.5- pathway with no overshoot. We call on Parties to indicate when their emissions will peak in their revised NDCs, for those who have not yet peaked emissions or announced a peaking year. COP26 was a historic moment for explicitly pointing to fossil fuel subsidies, and their marketdistorting impact. Excellencies, our decision on this has been reinforced by the Secretary-General of the UN, who called fossil fuel subsidies a “scandal”, and the IPCC, which estimates that phasing out subsidies would reduce global GHG emissions by up to one tenth, a full 10%, by 2030 – an amount larger than the third highest emitting Party. ANTIGUA AND BARBUDA AOSIS CHAIRMANSHIP 2021-2022 In contrast to the estimated nearly $6 trillion that subsidized fossil fuels in 2020, developed countries undershot the hundred-billion-dollar goal, and provided just $19 billion for adaptation. The Glasgow decision to at least double adaptation finance from 2019 levels, must be reinforced with a plan and complemented by concrete progress on the global goal on adaptation work programme. This should include key performance indicators on access and support. The data we’ve seen on the number of months to approve an adaptation project is, frankly, embarrassing. It’s no wonder the private sector doesn’t engage in adaptation finance. Implementation mode means turning promises into credible action. Today’s SBs are a half-way milestone from COP26 to COP27. We need to see and demonstrate progress at this session to arrive in Sharm El-Sheikh on solid ground. ACCELERATE A JUST TRANSITION On the second pillar of a just transition: We have always said that SIDS are canaries in a coal mine when it comes to climate change. This year’s IPCC reports confirmed just that, recognizing now, all regions, all countries, companies, communities, and people are being adversely impacted by climate change. Loss and damage and response measures are the cross-cutting “safeguards” of the Convention and the Paris Agreement. Loss and damage is already happening now and getting worse, but financing to address loss and damage has spun its wheels for 30 years. For AOSIS, the global architecture designed to address climate change is a moral hazard, where each tonne of emissions does not bear the cost of that tonne on vulnerable economies and populations. In 2019, the 39 SIDS emitted just 0.6% of global emissions. Yet, our countries are disproportionately suffering from climate-induced displacement. As we stated at the adoption of CMA.3 last year, AOSIS firmly believes that this year’s Glasgow Dialogue should lead to the conclusion that a new Loss and Damage Finance Facility is necessary and will be adopted at this year’s COP, so that the future Glasgow Dialogues to 2024 can operationalize the Facility. We reiterate that position here today, and signal our position for an agenda item on funding arrangements at COP 27 and CMA 4 to facilitate this becoming a reality. On response measures, peaking global emissions at the last possible window to limit warming to 1.5-degrees, which is where we are today, means a dramatic, steep emissions decline. Casualties of the steep decline ahead means more stranded assets, more job displacement, more uncertainty and risk to developing economies, more burden on disadvantaged communities – women, youth, indigenous peoples, local communities, persons with special needs. Response measures covers analytical work to diversify carbon-intensive sectors and economies and re-train workers. As we Parties collectively underperform on the three Article 2 goals of the Paris Agreement – adaptation, mitigation and finance – the cross-cutting safeguards of addressing loss and damage ANTIGUA AND BARBUDA AOSIS CHAIRMANSHIP 2021-2022 and response measures must now kick in. That is the global perspective we expect to see from a robust Stocktake that prepares us for the coming years of pre-2030 action and implementation. Finally, rest assured, Distinguished Chairs, that AOSIS will work with you and our partners for strong conclusions at SB-56, in a manner that moves us all forward on the Convention and the Paris Agreement. Progress must be captured in writing; we cannot afford to waste time. Thank you.
Sub Topic: Cross-cutting