1/CMA.3 mentions the importance of "nature and ecosystems" to "achieve the Paris Agreement temperature goal", i.e. limiting temp rises to 1.5C
It also mentions the adverse impacts on people and nature of climate and weather extremes, thereby implicitly recognising that restoring biodiversity and stopping climate change are interconnected.
While in 1.CP/26 nature and ecosystems are mentioned not just as sinks for greenhouse gases but also that it is important to "protect[ing] biodiversity" while ensuring human rights and environmental safeguards
Restoring ecosystems can:
- be "net carbon sinks"
- reduce climate vulnerability
- support sustainable livelihoods
- including *for indigenous peoples and local communities*
And elsewhere this text recognises the importance of protecting ecosystems & biodiversity, which are "recognized by some cultures as Mother Earth".
NB (there are other references to indigenous peoples, local communities, youth, and women elsewhere in these texts, separate to the refs to nature).
Some observers concerned about greenwashing may view ecosystems' role as "net carbon sinks" as opening door for it, and harm to nature, while others will see this, with strong rules, as critical for funnelling finance towards nature restoration.
Para 54 encourages Parties to take account of the different roles of ecosystems (para 53) in national and local policies, which could include countries' NDCs (2030 climate plans), LTSs (long-term climate plans), national adaptation plans.
/ENDS (probably... still reading)
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The new version of #Article6 has been published this morning. Some 🔑 points:
1⃣ overall the text looks stronger and could avoid some of the worst risks of double counting
2⃣ But it doesn't completely prevent countries/companies from gaming system, continuing to pollute while using carbon credits that may provide no real climate benefit
3⃣ The hand of some countries (Japan/US) can be seen, eg in resistance to funds going to dvng country adaptation
4⃣ But all of it is in "square brackets", meaning none of it is agreed
⚡️ Reminder: Article 6 is all about how countries collaborate on emissions cuts and potentially swap/trade those efforts with one another, or even sell the credits to companies.
New #Article 6 update (based on new text out this morning):
🔑 point: this bit of negotiations is all abt honesty + ambition: whether countries (+ companies) want tight rules on trading emissions cuts, or want to game system by counting cuts 2x & using old carbon credits
There is still language that could allow 2x counting of a single emissions cut (creating false impression of benefit to climate).
This comes from any cuts outside a country's national climate plan not being subject to "corresponding adjustments" if those cuts are traded.
Much of this text is still Option A/B or in [ ] so in question. #COP26Glasgow