The eighth edition of UN Environment’s Emissions Gap report, released ahead of the UN Climate Change Conference in Bonn, finds that national pledges only bring a third of the reduction in emissions required by 2030 to meet climate targets, with private sector and sub-national action not increasing at a rate that would help close this worrying gap.
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The United Nations Development Programme (UNDP) is grateful for the specific pledges made by Norway, India, Luxembourg, Russian Federation, Thailand, Kuwait, Bangladesh, United Arab Emirates, Singapore, Estonia, Indonesia, Lao People's Democratic Republic, Mongolia, Myanmar and Albania to regular resources totaling $77 million.
IIED director Andrew Norton told the Development & Climate Days audience in Bonn that climate change is "the biggest social injustice of our generation".
By 2050, Fiji’s annual losses due to extreme weather events could reach 6.5 percent of GDP because of the impact of climate change, with more than 32,000 people pushed into hardship every year, according to a significant new climate vulnerability study launched today at COP23 in Bonn, Germany.
The Green Climate Fund (GCF) is providing a $12 million grant as additional financing to the ongoing Cook Islands Renewable Energy Sector Project, which will help the country transition to a renewable energy future.