7/14. #Droughts, such as those affecting #EastAfrica, that have claimed the lives of 650,000 people since 1970, mostly in countries least responsible for the #ClimateCrisis.
9/14. The report then details the expected economic costs of #LossAndDamage from #ClimateChange and that the @V20Group's economies have been hit hard by the #ClimateCrisis losing about $525 billion in the past two decades owing to the impacts of #GlobalWarming.
10/14. The Non-economic #LossAndDamage caused by #ClimateChange, including climate change #Displacement, the loss of life, human health, cultural heritage and sovereignty.
11/14. Before highlighting the inadequacy of the available funding for #LossAndDamage and that the G77 & China (which represent 2/3rds of the world's population) proposal for a #LossAndDamage Finance Facility to was rejected by just a few developed countries at #COP26.
12/14. And that when funding is provided it is provided at the whim of donor countries, often incurs more debt than and is woefully inadequate to address #LossAndDamage.
13/14: Ending on recommendations, the @SRclimatechange suggests that the #UN General Assembly establish a #LossAndDamage Finance Facility and establish an interim financial window for funding urgent #LossAndDamage under the #GreenClimate Fund and much more!!!
1/24. 📢During the first contact group on the New Collective Quantified Goal on #ClimateFinance (#NCQG) the G77 and China has indicated they will not accept the substantive framework for a draft text as a basis for negotiations and requested a new text. 🧵
2/24. The G77 asked for a new text to be provided by the Co-Chairs before the next session of the contact group, one that reflects the points that developing countries have raised repeatedly under the Ad Hoc Work Program of the #NCGQ .
1/24 Today was the final day of the 21st meeting of the Executive Committee (ExCom21) of the Warsaw International Mechanism for #LossAndDamage (WIM), which took place from September 11th to 13th in Bonn, Germany. Prior to ExCom 21, the 2nd meeting of all thematic expert groups of the ExCom (EG2) was also held in Bonn from September 9th to 10th. Our team was there! Here are some key points from the discussions.🧵
2/24 🗣️ ExCom21 covered several agenda items, including:
👉Preparation of voluntary guidelines for enhancing collection and management of data and information to inform the preparation of biennial transparency reports (BTRs);
👉How the latest climate science can inform policy-making relevant to averting, minimising, and addressing #LossAndDamage;
👉Work related to strategic workstreams on slow onset events, non-economic losses (NELs), comprehensive risk management (CRM) approaches, human mobility, and action and support;
3/24 agenda items (cont’d)
👉Cross-cutting activities of the second five-year rolling workplan of the ExCom;
👉Collaboration with the Advisory Board of the #SantiagoNetwork;
👉Collaboration with the entities that form the #LossAndDamage funding arrangements, including the Fund for responding to #LossAndDamage (Fund);
👉Recommendations to be included in the 2024 ExCom annual report.
1/59.📢 The final day of the 11th Technical Expert Dialogue (#TED11) and Third Meeting of the Ad Hoc Working Program (#MAHWP3) of the New Collective Quantified Goal on #ClimateFinance (#NCQG) concluded yesterday in Baku, Azerbaijan 🇦🇿. Here are our #LossAndDamage takeaways. 🧵
2/59. 📺The webcast from day 4 of #TED11 and #MAHWP3 can be found here:
3/59. The 4th day of the meeting saw the continuation of #MAHWP3, a report back on #TED11, and a stocktaking session identifying further technical issues, elements and recommendations for political consideration.
1/55. The first day of the 2⃣nd meeting of the Board of the #LossAndDamage Fund has concluded in Songdo - Incheon, in the Republic of South Korea 🇰🇷. Here are our takeaways.🧵
2/55. The 2⃣nd meeting of the Board of the #LossAndDamage Fund opened with a statement by Ji-Young Choi, Deputy Minister for Intl. Affairs, @moefkorea_eng, Republic of Korea 🇰🇷, who announced a voluntary contribution of $7 million USD to the #LossAndDamage Fund.
3/52. Having announced the contribution to the #LossAndDamage Ji-Young Choi indicated that he hoped the pledge would act as a catalyst to encourage more, much needed, contributions to the Fund. 💰
1/44. 📢 Today was the first day of the 2024 #BonnClimateConference which saw the opening plenary and a Technical Expert Dialogue on the New Collective Quantified Goal on #ClimateFinance (#NCQG), here are our #LossAndDamage takeaways. 🧵
2/44. This morning started with a Press conference from the Alliance of Small Island States (@AOSISChair) and the Chair of the Least Developed Countries Group (@LDCChairUNFCCC) on expectations for the #BonnClimateConference.
3/44. Key messages included from the @LDCChairUNFCCC, Evans Nijewa: “The current $100 billion goal [set in 2009] is far below the needs we have in our countries. The New Collective Quantified Goal on #ClimateFinance (#NCQG) must reflect the true needs of our countries.”
1/18.⚠️USEFUL INFO: The 20th meeting of the Executive Committee (ExCom) of the Warsaw International Mechanism for #LossAndDamage (WIM) will take place from the 12-15th of March in Bonn, Germany 🇩🇪. Here’s some useful context, what to expect and our expectations for #WIMExCom20🧵.
2/18. #WIMExCom20 will take place at Wissenschaftszentrum Bonn with the meeting opening on the 12 March 2024 at 09:00 a.m. CET. The meeting will be hybrid.
3/18. The WIM was established at #COP19 in Warsaw to address #LossAndDamage associated with impacts of #ClimateChange, including extreme weather events and slow onset events, in developing countries that are particularly vulnerable to the adverse effects of #ClimateChange.