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"We Are Losing Climate Battle," Dr. Sultan Al Jaber :: Uganda Radionetwork
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"We Are Losing Climate Battle," Dr. Sultan Al Jaber

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Dr. Al Jaber, who is the President of the upcoming UN Climate Change Conference (COP28) in Dubai said the world is struggling to reach the action required to limit global warming to 1.5°C.
06 Sep 2023 15:15
Dr. Sultan Al Jaber addressed the African Climate Summit in Nairobi Kenya. He said Africa needs two hundred and fifty billion dollars annually to meet Africa’s Climate financing.

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 Dr. Sultan Al Jaber says the World is already off track in securing the goals of the Paris Climate Change Agreement.

Dr. Al Jaber, who is the President of the upcoming UN Climate Change Conference (COP28) in Dubai said the world is struggling to reach the action required to limit global warming to 1.5°C.

At COP 21 in Paris, on 12 December 2015, Parties to the UNFCCC reached a landmark agreement to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future.

The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.       

Speaking at the ongoing Africa Climate Summit, he said the leaders must admit that they are not delivering the results they need.   

////Cue In “We must accept....   

Cue out... unite around a plan of action”///    

Turning to Africa and climate change, he said it is unacceptable that millions of Africa were not accessing clean energy and suggested that for Africa to address its energy gaps finance must be made available, accessible, and affordable. 

Quoting the latest statistics by the African Development Bank, Dr. Al Jaber said Africa needs two hundred and fifty billion dollars annually to meet Africa’s Climate financing.     

Sadly, he said Africa receives only 12% of that amount and that 2% of the money received by Africa goes to adaptation     

“We can all agree that this is neither just or equitable. We must agree that it is a big missed opportunity,” he said.      

///Cue In “ The World Bank estimates..     

Cue out..... they made over a decade ago”///    

At COP15 in 2009, developed countries committed to a collective goal of mobilising USD 100 billion per year by 2020 to support climate action in developing countries.         

Tracking reports by the Organization for Economic Co-operation and Development found that in 2020 developed countries jointly mobilized USD 83.3 billion in climate finance, USD 16.7 short of the goal.         

The OECD said although support for adaptation action, Least Developed Countries (LDCs) and Small Island Development States (SIDS) continued to grow, climate finance largely focused on mitigation activities and was concentrated in a few high-emitting countries.       

As countries head to COP28 in the United Arab Emirates, Dr. Sultan Al Jaber who will be steering it used the Africa Climate Summit in Nairobi to remind developed countries not just to talk. He said he will continue to push for the replenishment of the Green Climate Fund. 

The Green Climate Fund (GCF) is supposed to create enabling environments for countries like Uganda to reduce poverty. The Green Climate Fund was created under the UN Framework Convention on Climate Change in 2010, to finance developing countries’ response to the climate crisis.      

Calls for the replenishment of the Green Climate Finance have been raised figured at the Africa Climate Summit. Speakers have noted that the rising food prices, energy insecurity, recession, and devastating floods, require urgent climate action to mitigate the physical and socioeconomic effects of the climate crisis.

Dr. Al Jaber highlighted the need to transform the global goal on adaptation from “theory and text to real action and tangible results” “What was promised in Sharm el-Sheikh must be delivered in Dubai. We can no longer accept pledges and announcements without roadmaps of implementation,” said Dr. Al Jaber. 

The COP27 in Egypt tasked the Standing Committee on Finance to prepare a report on doubling adaptation finance for consideration at COP28 next year.

The Sharm el-Sheikh Implementation Plan highlights that a global transformation to a low-carbon economy is expected to require investments of at least USD 4-6 trillion a year. 

Leaders at COP27 also agreed on creating a specific fund for loss and damage.

Following up on an earlier call by the UN Secretary-General, AntónioGuterres, Dr. Al Jaber said there is need for an urgent need to reform international climate finance.

“We need a complete upgrade. In fact, we need a surgical intervention of the global financial architecture that was built for a completely different era. IFIs to MDBs need modernizing. They were built for the second half of the last century. They urgently need to be upgraded to meet the needs of this one.”     

/// Cue In “IFIs and MDBS must step up....   

Cue Out...impactful projects on the ground,”/// 

He announced a new initiative between the United Arab Emirates and Africa that he said aims to unlock Africa’s capacity for sustainable prosperity.       

He said the Abu Dhabi Fund for Development and Etihad Credit Insurance others will join Africa50 to develop 15 gigawatts of clean power by 2030.  $4.5 billion dollars will be invested in the initiative

. “This initiative will target countries with clear transition plans, robust regulator frameworks, and a real commitment to put real grid infrastructure in place”