{"id":20080436,"date":"2021-11-03T22:39:07","date_gmt":"2021-11-03T17:09:07","guid":{"rendered":"https:\/\/www.thethirdpole.net\/?p=80436"},"modified":"2021-11-04T05:00:55","modified_gmt":"2021-11-03T23:30:55","slug":"ldc-group-chair-cop26-wind-is-blowing-in-the-right-direction","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/climate\/ldc-group-chair-cop26-wind-is-blowing-in-the-right-direction\/","title":{"rendered":"LDC Group chair says \u2018wind is blowing in the right direction\u2019 at COP26"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Sonam P Wangdi, chair of the Least Developed Countries Group, has expressed cautious optimism on the progress of negotiations following the World Leaders Summit, which took place during the first three days of the UN climate talks in Glasgow. However, he stated that overall progress to combat climate change has been \u201cdisappointing, and in a way also frightening. This is the 26th COP, emissions are still increasing, a commitment for USD 100 billion per year was made more than a decade ago and it has not been delivered.\u201d<\/p>\n\n\n\n<p>Countries defined by the UN as Least Developed Countries (LDCs) make up this group, which is now being chaired by Bhutan. Speaking at a press conference on 3 November, Wangdi, who is also secretary of Bhutan\u2019s National Environment Commission, called for the biggest emitters to \u201cstop skirting responsibility\u201d and for ambitions to be ramped up in order to halve global emissions by 2030.<\/p>\n\n\n\n<p>In response to the announcement of new net-zero targets, most notably <a href=\"https:\/\/dialogue.earth\/en\/climate\/india-cop26-crucial-summit-starts\/\">by India<\/a>, Wangdi said: \u201cThe pledges are one thing. We would like to see the evidence, which comes in the form of new updated NDCs\u2026 Until we have those it will be very difficult to verify or authenticate [the ambition of the announcements].\u201d<\/p>\n\n\n\n<p>He added that most of the statements at the World Leaders Summit were \u201cfor a 1.5C world\u201d. \u201cIn terms of the policy direction, it is very clear the wind [at COP26] is blowing in the right direction.\u201d<\/p>\n\n\n\n<p>Gebru J Endalew, a delegate for Ethiopia and former chair of the LDC Group, added that it \u201cseems logical\u201d to have an annual mechanism for raising ambition on emissions reductions, given the current emissions gap between targets in the Paris Agreement and current levels of global warming.<\/p>\n\n\n\n<p>In response to questions about whether continuing to uphold the 1.5 degree Celsius aim of the Paris Agreement is undermining consensus, Wangdi said: \u201cThe LDC Group is calling for what the science calls for \u2013&nbsp;1.5C. I believe that is the consensus.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-funding-for-loss-and-damage-still-difficult\">Funding for loss and damage \u2018still difficult\u2019<\/h2>\n\n\n\n<a class=\"wp-block-cd-related-news alignright block--related-news loading\" data-post-id=\"20080050\"><div class=\"block--related-news__image\"><\/div><div class=\"block--related-news__content\"><span class=\"block--related-news__heading\">Recommended<\/span><span class=\"block--related-news__title\"><\/span><\/div><\/a>\n\n\n\n<p>During the COP26 negotiations so far, Wangdi said \u201cthere has been some movement\u201d on loss and damage resulting from the impacts of climate change. Wangdi pointed out that the LDC Group of 46 countries represents 1 billion people, who produce less than 1% of global emissions, yet suffer disproportionately from climate change. <\/p>\n\n\n\n<p>Wangdi stated that the incoming presidency has taken responsibility on the issue. \u201cWe are actually quite optimistic, but so far we are not getting a sense of having any progress. It\u2019s still hanging, it\u2019s still difficult.\u201d<\/p>\n\n\n\n<p>On 2 November, the Scottish government became the first country to <a href=\"https:\/\/www.heraldscotland.com\/politics\/19688785.cop26-world-told-follow-scotlands-lead-pioneering-loss-damage-funding\/\">pledge \u00a31 million<\/a> in funding specifically for loss and damage. Wangdi said that this \u201cpaves the way\u201d and that the LDC Group welcomed the announcement. \u201cIt\u2019s going to be very clear that there should be separate funding for loss and damage and it should not be mixed with the other funds.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-climate-finance-frustration\">Climate finance frustration<\/h2>\n\n\n\n<p>Wangdi also expressed frustration at the state of climate finance, and said this needs to be clearly defined, with better agreement on and assessment of the <a href=\"https:\/\/dialogue.earth\/en\/climate\/rich-nations-break-promises-no-climate-finance-for-south-asia\/\">pledged USD 100 billion<\/a> a year.<\/p>\n\n\n\n<p>On 2 November, US special presidential envoy for climate <a href=\"https:\/\/www.google.com\/search?q=japan+climate+finance+john+kerry&amp;source=lnms&amp;sa=X&amp;ved=2ahUKEwiVye2FvPzzAhVPQUEAHdM0DtwQ_AUoAHoECAEQAg&amp;biw=1273&amp;bih=562&amp;dpr=1\">John Kerry claimed<\/a> that Japan\u2019s pledge of climate finance would meet the targeted USD 100 billion by next year. \u201cI\u2019m not very clear in terms of the 100 billion,\u201d said Wangdi. \u201cAt this point in time we are not able to make a comment on that. There isn\u2019t enough [climate finance].\u201d<\/p>\n\n\n\n<p>Responding to Mark Carney\u2019s <a href=\"https:\/\/www.ft.com\/content\/8f7323c8-3197-4a69-9fcd-1965f3df40a7\">announcement<\/a> of USD 130 trillion in private finance, Endalew said additional sources of climate finance are necessary, with public finance alone not enough to keep global warming within the 1.5C goal.<\/p>\n\n\n\n<div class=\"wp-block-cd-pull-quote block--pull-quote\"><div class=\"block--pull-quote__wrapper\"><blockquote class=\"block--pull-quote__quote\">Our lives depend on decisions that are made here in Glasgow during COP26<\/blockquote><cite class=\"block--pull-quote__cite\">Sonam P Wangdi, chair of the Least Developed Countries Group<\/cite><\/div><\/div>\n\n\n\n<p>At COP26 the goal for climate finance after 2025 will be discussed. \u201cWe expect some decisions here at Glasgow,\u201d said Wangdi. He said the new goal could range from USD 100- 500 billion, but that \u201cwe do not know\u201d.<\/p>\n\n\n\n<p><strong>\u201c<\/strong>More needs to be done to come up with numbers,\u201d added Endalew.<\/p>\n\n\n\n<p>Frustration was expressed at the fact that LDC Group countries struggle to access the climate finance that is available. It can take four to five years to access a loan, Wangdi said. \u201cIf you have a climate disaster\u2026 it doesn\u2019t make sense, you are not able to help your people.\u201d He said the LDC Group wants the process of accessing finance to be simplified, requirements harmonised, and for the funding to be available within six months to a year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-fair-and-inclusive-cop26\">Fair and inclusive COP26<\/h2>\n\n\n\n<p>Prior to the conference, there had been concerns about challenges to LDC countries\u2019 participation, with Wangdi stressing the need for COP26 to be <a href=\"https:\/\/dialogue.earth\/en\/climate\/sonam-p-wangdi-least-developed-countries-cop26\/\">\u201cfully inclusive and fair\u201d<\/a>.<\/p>\n\n\n\n<p>When asked if this has been achieved, Endalew said: \u201cI think it\u2019s too early,\u201d but congratulated the presidency for equal treatment and a transparent approach so far. \u201cOur voices are being heard and we\u2019re participating.\u201d <\/p>\n\n\n\n<p>Wangdi called for cooperation and global solidarity, saying \u201cour lives depend on decisions that are made here in Glasgow during COP26\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid new climate finance announcements, Sonam P Wangdi, chair of the Least Developed Countries Group, expressed cautious optimism that progress will be made on the issue at Glasgow<\/p>\n","protected":false},"author":20000283,"featured_media":20080437,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[761],"tags":[519,569,580],"hashtags":[],"country":[20027489,50040750],"class_list":["post-20080436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate","tag-climate-impacts","tag-negotiations","tag-policy","country-bhutan","country-ethiopia"],"acf":[],"yoast_head":"<!-- This site is optimized 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