3/9. The letter argues that as the world’s largest historical contributor to #ClimateChange the #US has “ a moral and a strategic responsibility to provide comprehensive support for countries facing #ClimateDisaster, including #DebtForgiveness and #Reparations.”
4/9. The letter goes on to say that, “While we work toward those crucial goals, there are also smaller but no less important mechanisms we should be supporting.” They urge the #US to support the establishment of a #LossAndDamage finance facility under the @UNFCCC.
5/9. The letter urges: “We believe that a new #LossAndDamage fund that is carefully designed and negotiated could both urgently address such funding gaps and fully embrace a transformative global #ClimateJustice framework.”
6/9. And ends with: “We have a momentous opportunity to bring other partner countries to the table and shape an equitable path forward...Our leadership in supporting #LossAndDamage financing would pave the way for transformative improvements in the global response on climate.”
7/9. We are grateful to these 13 members of Congress for their support and alignment with the demands of vulnerable developing countries on establishing an “operating entity” for addressing #LossAndDamage under the @UNFCCC and we urge @ClimateEnvoy@JohnKerry to heed their call.
8/9.We look forward to a new day of negotiations tomorrow where we anticipate all Parties to agree to establishing the operating entity. We also look forward to contributions to the #SantiagoNetwork and to an agreement to provide #LossAndDamage finance as the end of #COP27 nears.
1/5.⚡️WHERE ARE WE AT?⚡️:Good morning Its day 13 of #COP27 and we have run into overtime. We are waiting to hear what will happen throughout the day as heated bilateral discussions continue on “funding arrangements” for #LossAndDamage. 🧵
2/5. But make no mistake, everything is still up for grabs and we are still pushing for an “operating entity” (be it a fund or facility) to be established under the financial mechanism of the @UNFCCC at #COP27 to address #LossAndDamage.
3/5.Don’t forget, this is what AMBITIOUS means: The operating entity needs to be under the CMA and the COP, it needs to deliver new and additional funds, it needs to be based upon equity and CBDR-RC, it must cover ALL vulnerable developing countries, not just the most vulnerable.
1/28. A serious issue has been bubbling under the surface at #COP27 and it's reaching boiling point as we near the final plenary: the importance of the Convention(@UNFCCC) and its ongoing role in @UN#ClimateChange negotiations. Here is why this is important for #LossAndDamage.🧵
2/28. In the informal stocktaking plenary last night, we heard many interventions from developing country Parties highlighting their concerns regarding efforts by developed country Parties to remove references to the principles of the Convention across all thematic areas.
3/28. Under the Convention, Parties agree to protect the climate system “on the basis of equity and in accordance with their common but differentiated responsibilities and respective capabilities (CBDR-RC).” These are important agreed principles that must be preserved.
1/25.📜It’s day twelve of #COP27 and here is your daily #LossAndDamage focused thread. The intense negotiations on “funding arrangements" continue today after the release of a new text which contained a set of three options for a decision on a fund to address #LossAndDamage. 🧵
2/25. As summarised by @YebSano of @GreenpeaceSEA during @CaninT press conference these options equate to: “Option 1, we have a fund here. Option 2, we have a fund next year, Option 3, we don't have a fund, let's talk some more.”
3/25. However, it is very important to note — as we did earlier in an extensive thread— that “option number 1” is not in line with the G77 and China’s current proposal for an operating entity (be it a fund or facility) under the financial mechanism of the @UNFCCC.
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".
1/4. This evening at #COP27#Barbados told @COP27P: "We would not wish to come out of this COP without a clear definitive language within the text and the cover text that addresses #LossAndDamage."
2/4. Support on #LossAndDamage, "has to include a reform of #MDBs. It has to address a pathway for accessing #Finance. It has to deal with the scale of finance which must be commensurate with the scale of the crisis which we did not ask for and cannot afford to finance."
3/4. The intervention continued: "Circumstances where we are highly debt burdened because the scale of financing development far outstrips our capacity. There is an urgent need for us to have the fiscal space to deal with crisis and deal with development issues."
1/4. Tonight in #SharmElSheikh the COP, CMP and CMA closing plenaries took place for issues that have been finalised thus far at #COP27.
2/4. During the plenary #AntiguaAndBarbuda for @AOSISChair took the floor to say that the agenda item on #LossAndDamage has not received just treatment: “We are disheartened with the way the agenda item on funding arrangements for #LossAndDamage has been conducted."
3/4. #Colombia for @AilacCC added that, “the capacity of individual states to respond to the level of the crisis is not feasible without international support" and said they looked forward to a text on funding for #LossAndDamage and a historic outcome at #COP27.