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!
4/18. The #LossAndDamage Fund was established with a #TransitionalCommittee to work out the details of how to operationalise it throughout 2023. So that means there is more work to do! See you at #COP28 in #Dubai in the United Arab Emirates (#UAE)!
5/18. Just kidding! We’ll be at all the #TransitionalCommittee meetings, workshops and making all the submissions to raise the voice of #CivilSociety and communities on the frontlines of the #ClimateCrisis to ensure that the #LossAndDamage Fund is fit-for-purpose.
8/18. But we have sharp elbows (and good ideas!) so we plan to help ensure that the #SantiagoNetwork catalyses technical assistance for those on the frontlines of the #ClimateCrisis in line with the Universal Declaration of #HumanRights.
9/18. However, #COP27 failed to deliver on #LossAndDamage as separate element within the New Collective Quantified Goal on #ClimateFinance (#NCQG) due to developed countries blocking. This means no decisions on scale, scope, quality, and access to finance made at #COP27.
10/18. The launch of the #GlobalShield Against Climate Risk at #COP27 was a concerning moment due to the likelihood that it will focus on #Insurance which pushes the responsibility for #LossAndDamage costs onto those who have done little or nothing to cause the #ClimateCrisis.
13/18. It is also important to note that the #GlobalShield’s funding is recycled from #Adaptation funding, other #ClimateFinance, or development funding (aid), meaning, that it’s not really #LossAndDamage finance at all.
15/18. Whilst progress has been made on #LossAndDamage at #COP27, we note with grave concern that all indication is that there was pushback against a definitive call to phase OUT all #FossilFuels by #Russia, #SaudiArabia and #Iran.
16/18. Lets us not forget that rapid mitigation, to keep 1.5 alive, through the phasing out of all #FossilFuels is essential to reduce #LossAndDamage. Blocking Parties must do better.
1/11. With the final gavel of the @COP27P behind us, here ends @LossandDamage’s coverage of #LossAndDamage at #COP27. We thank you all for reading what we have shared with you. Now It is time for us to rest and travel home to our loved ones.
2/11. But before we do we wish to extend huge gratitude to all those within our Collaboration and beyond have worked tirelessly for months to deliver a #LossAndDamage fund and the operationalisation of the #SantiagoNetwork for #LossAndDamage.
3/11. We are grateful for the solidarity and unity of the G77 and China and in particular the leadership of #Pakistan under the team led by H.E @sherryraham and lead negotiator #LossAndDamage@VicentePaoloYu.
1/25.📜It’s day thirteen of #COP27. We’re in overtime now and behind closed doors, Parties have been working with the @COP27P to find common ground on funding arrangements for #LossAndDamage.🧵
3/25. Key messages included, @RachelCleetus on the G77 and China’s continued expectations for #COP27: "Climate-vulnerable countries came with a clear ask. They want a #LossAndDamage fund under the COP and the CMA. Then we can talk about getting it operationalised."
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".