Discover and read the best of Twitter Threads about #BridgetownInitiative
Most recents (4)
1/6 Debt pause clauses for climate shocks is one of the most likely innovations expected to take off from this week’s Paris Summit (one of the asks of the #BridgetownInitiative and not as expensive as other reforms on the table). But a few important caveats @CentreForDP 🧵👇
2/6 Supply- potential liquidity relief created depends on who offer them: MDBs, official bilateral and/or private creditors. While the official sector is expected to initially lead the way, combined efforts of ALL external creditors is key for these clauses to have most impact.
3/6 Demand- Even if creditors offer these clauses, all borrowers are unlikely to automatically want them. Need to understand factors affecting demand and to support countries in assessing pros & cons given their context: debt composition, access to capital mkts, macro situation..
1/25. Today is the ninth day of the #BonnClimateConference (#SB58) and it saw the continuation of discussions on the #SantiagoNetwork for #LossAndDamage, a number of excellent side events, and importantly the adoption of the agenda. Here are some of our highlights!🧵 
2/25. This morning kicked off with three #LossAndDamage side events happening at the same time! Sadly we could not get to them all, but the good news is that there are webcasts with which to revisit them.
3/25. They included: "#HumanRights, #ClimateChange and disaster induced migration and #Displacement: Regional Perspectives" with @UUSC, @esperance_ong, @ALIANZAAMERICAS.
📼See the webcast here:
📼See the webcast here:
1/18.📜#COP27 OUTCOME: Members of the @LossandDamage Collaboration share their thoughts on the outcome of #COP27 on all #LossAndDamage elements.
🔗Read it here: lossanddamagecollaboration.org/pages/facing-u…
🔗Read it here: lossanddamagecollaboration.org/pages/facing-u…
2/18. 📢GOOD NEWS: #COP27 has established a #LossAndDamage fund! Following courageous and consistent championing for 30+ years by countries on the frontlines of the #ClimateCrisis. This is a historic moment that sets us on a pathway to #ClimateJustice.
3/18. During this time, climate-vulnerable countries were supported by the tireless efforts of #CivilSociety who have and will continue to demand that polluters #PayUp4LossAndDamage. We’ve put our heart and soul into this for decades now and we are not stopping anytime soon!
1/12.📜NEW TEXT: Good morning, the new text on “funding arrangements for #LossAndDamage” was released last night. As it stands the proposal of the G77 & China is not reflected and we are extremely concerned with the use of the term “funding arrangements” this is why.🧵
2/12. See the new “Draft negotiating texts” here under the 8f drop down here: unfccc.int/event/cop-27?i…
3/12. The G77 and China have tabled a very detailed proposal for a fund designated as an “operating entity” of the financial mechanism of the @UNFCCC, but the current text uses the term “fund as part of new and enhanced funding arrangements".
