17/12/2017
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Global Green

The COP23 climate conference wound up on November 17 in Bonn, after two weeks of discussions on tackling climate change. Many commitments towards climate action through greater clean energy use were made at the talks.

According to a media statement by France Diplomatie, “significant progress” was made on several issues relating to climate action.

These include a Gender Action Plan that highlights the role of women in climate action, the launch of several new initiatives, and negotiations towards finalized Paris Agreement guidelines. It was also agreed that the Paris Agreement legislation be completed and adopted by COP24 in Poland 2018.

At the conference, UN Secretary-General António Guterres referred to climate change as the “defining threat of our times”. He also said we need to do more on climate-friendly developments and on the strengthening of political leadership

Talks lead to financial and climate action commitments

Delegates attending the conference also made numerous other commitments and pledges at the talks.

These include:

  • Financial commitments towards insurance for poor and vulnerable people so they can be covered for climate-related risks.
  • Investment commitments to the Clean Energy Transition Programme – an initiative of the International Energy Agency.
  • Pledges by 25 cities to reduce emissions and develop climate-resilient cities by 2050.
  • Corporate commitments towards emissions reductions, including by Mars, Walmart and Microsoft.
  • New ratifications to international agreements, including Syria to the Paris Agreement and eight countries to the Montreal Protocol Kigali Amendments.
  • Agreement by more than 20 countries to join a new coal phase-out alliance.

Delegates agreed to organize several new events, including in relation to the International Solar Alliance (ISA).

The ISA is an alliance of over 120 ‘sunshine’ countries located between the Tropic of Cancer and Tropic of Capricorn. The group’s main objective is to reduce dependence on fossil fuels and increase the use of solar power.

Coal phase-out alliance launch

A new initiative is known as ‘Powering Past Coal Alliance’ was also launched at the conference. More than 20 countries have joined so far and have agreed to phase out traditional coal power.

Members also agreed to place a moratorium on coal power stations that do not have carbon capture and storage in operation.

Several businesses and non-government alliance partners have agreed to reduce the focus on power from coal. Members will also share information and best-practices on phasing out coal in favor of renewable energy.

The Alliance aims to have 50 members by COP24 next year.

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