This policy document from Climate Action Network (CAN) outlines key demands for COP29, emphasizing the necessity of equitable climate finance to support climate resilience, adaptation, and a just transition for vulnerable countries. The report calls for a minimum public finance provision goal of $1 trillion annually, focused on grants rather than debt-inducing loans, to support mitigation, adaptation, and loss and damage (L&D) initiatives. CAN advocates for transparency, tax justice, and accountability in finance mechanisms, alongside principles like "polluter pays" and common but differentiated responsibilities. The document also highlights the need for an inclusive, rights-based approach in transitioning to sustainable energy systems, reinforcing the importance of human rights protections within Article 6 market-based mechanisms and supporting local resilience and adaptation efforts.
Authors
- Pages
- 4
- Published in
- Germany
Table of Contents
- On achieving need based and equitable cli- mate finance in the context of the NCQG 3
- On securing climate justice and equity 3
- On politically elevating Adaptation to Reduce Vulnerability 3
- UAE Framework for Global Climate Resilience 3
- On Addressing Loss and Damage LD 3
- World Bank must be confirmed as the 4
- LD Gap report 4
- On transforming Energy system and for Just and Equitable 1.5C aligned NDCs 4
- NDC enhancement process ensure align- ment of NDCs with climate justice and 1.5 degree pathways how international cooperation will support the implementation of NDCs. 4
- GST mitigation outcomes. 4
- On Article 6 and market-based mechanisms 4
