Pledges by the UN Parties and their implementation plans to combat climate change are far from enough, the UN Climate Change Executive Secretary Simon Stiell said.

Speaking at the closure of the Bonn SBI meeting that has lasted two weeks, Stiell said the response to the stocktake will determine our success – the success of COP28, and far more importantly, success in stabilizing our climate.

Delegates at the Bonn conference wrapped up the last meeting of the technical dialogue of the first global stocktake – laying the ground for more ambitious climate action.

Government delegates, observers and experts took part in the stocktake’s third and final technical dialogue, which was comprised of a series of roundtables and events spread across six days. They discussed how to accelerate collective progress on mitigation, including response measures; adaptation; loss and damage; and means of implementation (climate finance, technology transfer, and capacity building).

Other discussions and events at the Bonn Climate Conference focused on climate finance, notably the provision of adequate and predictable financial support to developing countries for climate action, including setting a new collective quantified goal on climate finance in 2024. On the global goal on adaptation, Parties agreed on structural elements for a Dubai decision.

The second Glasgow Dialogue on Loss and Damage provided useful information to advance the work of the Transitional Committee on the operationalization of the funding arrangements and new fund for responding to loss and damage.

Discussions focused on maximizing support from existing funding arrangements, including considerations on coherence, complementarity, and coordination. The Transitional Committee will make recommendations for consideration and adoption at COP28 on how to operationalize the new loss and damage fund and funding arrangements.

The Bonn conference brought together more than 4,800 participants from all corners of the world, almost double the number of participants that attended last year’s conference. Indigenous peoples, local communities, businesses, cities and civil society, including youth and children, spoke about how they are addressing climate change and highlighted challenges that need to be overcome.

Source: Africa Science News (ASN)