Coherent Identifier About this item: 20.500.12592/d3175j

no title

18 May 2022

Summary

To be equitable, this shift must be accompanied with exponential increases in clean energy support to the most vulnerable countries — compared to the majority of international public finance for energy that currently flows between wealthy countries.3 However, for the Statement to have this potential impact, The Netherlands must implement its commitments under the Glasgow statement with integrity a. [...] To meet its Glasgow Statement commitments, we urge The Netherlands to complete the following steps by the end of this year and to regularly report on the progress it is making on this agenda: Define the term “unabated” to avoid any misuse or continued support for fossil fuels. [...] Codify a substantial and long-term increase in Dutch international support for a just energy transition, prioritizing the low income countries and communities that are the least responsible for climate change and likely to be the most impacted as well as those that have a significant energy access gap. [...] Some of the largest providers of public finance for fossil fuels (Japan, Korea, China, and Australia) and most MDBs have not yet signed the statement, though signatories together account for a significant share of the votes at the MDBs. [...] Cement the commitments made in the statement in existing international policy processes including at the MDBs, in the G7, G20 and the OECD.

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