|
|
The second week of COP28 kicks off today. As ministers arrive, there is some hope that they can reassert some of the momentum that seems to have faded in the negotiations, which face a long week ahead.
On the nature-front, keep your eyes peeled for a range of announcements during Nature Day tomorrow, December 9th.
|
|
NEWS
Announcements
The Honduran government unveiled an initiative to rescue and conserve the country’s largest forest, the Moskitia, which is one of Mesoamerica’s Five Great Forests and Central America’s second largest rainforest. The new initiative aims, in part, to put an end to deforestation and illegal cattle ranching in the Moskitia forest.
Social enterprise One Acre Fund launched a new reinsurance fund called 'One Acre Fund Re' which will provide a financial safety net for 1 million smallholder farmers in 2024, scaling steadily thereafter. One Acre Fund has developed this in partnership with the International Finance Corporation, U.S. International Development Finance Corporation and the African Risk Capacity. Disasters have caused about $3.8tn worth of lost crops and livestock production over the past three decades globally, yet only 3% of African farmers have insurance coverage.
The World Economic Forum launched a new guide covering some of how companies could support value creation through the use of biodiversity credits. Specifically, this report identifies a set of interrelated use cases for biodiversity credits: to enhance carbon credits for better nature outcomes.
A coalition of 17 countries – Commonwealth of Australia, Canada, Republic of Congo, Republic of Costa Rica, Republic of Fiji, Republic of Finland, Republic of France, Federal Republic of Germany, Republic of Ghana, Japan, Republic of Kenya, Republic of Korea, Kingdom of Norway, Islamic Republic of Pakistan, Kingdom of Sweden, United Kingdom of Great Britain and Northern Ireland, United States of America -- launched the "Initiative for Greening Construction with Sustainable Wood" under the auspices of the Forest & Climate Leaders’ Partnership (FCLP).
The Clean Cooking Alliance announced the publication of two new reports launched during COP28: “Clean Cooking as a Catalyst for Sustainable Food Systems” and “The Future of Africa’s Sustainable Cities: Why Clean Cooking Matters.”
The TNFD published additional guidance to help organisations with business models or value chains in the forestry and paper sectors to apply the LEAP approach to their context.
|
|
|
|
SPOTLIGHT: DIRECT IPLC FINANCE
|
|
The second Forest Tenure Funders Group (FTFG) annual report, published in November, analyzed progress against the five-year, $1.7 billion commitment to the tenure rights and forest guardianship of Indigenous Peoples and local communities (IPs and LCs) in tropical forest countries announced at COP26.
In the 2022 calendar year, FTFG members provided $494 million in pledge-aligned funding, a $172 million increase over 2021 funding. Total spending to date exceeds $815 million—almost half of the pledge total. However, the report found that only $8.1 million directly reached IP and LC organizations in 2022 - representing just 2.1% of the funding delivered.
This is an important theme at COP28 and the subject of numerous events. Addressing this issue will be key for building trust. Earlier at COP, Conservation International joined partners for a discussion of direct access to finance for Indigenous people and local communities.
During the event, Conservation International CEO Dr. M Sanjayan proposed designing a new facility — the Community-Led Solutions Partnership — to house and expand the experiences for the Dedicated Grant Mechanism, Inclusive Conservation Initiative and others. The partnership would closely with Indigenous partners, and large donors, to:
1. Mobilize at least $500 million in new climate and biodiversity finance;
2. Support more than 100 community-led environmental initiatives;
3. Mitigate 400 million tons of emissions;
4. And support community-led management of 100 million hectares of land.
|
|
|
FEATURE
The looming land grab in Africa for carbon credits
Article by Kenza Bryan in the Financial Times
Countries might soon be able to trade emission reductions with other governments, but experts warn the market is already being exploited in developing countries.
READ THE FULL ARTICLE
|
|
|
COP28 Daily Wrap-up (Dec 5) - Energy Day
|
|
|
|
Finding this daily update useful?
Make sure your colleagues...
SUBSCRIBE
|
|
|
JOIN US FOR NATURE DAY
Come join us December 9th for Nature Day and a series of Nature Talks at the Nature Positive Pavilion to meet top experts in their fields sharing transformative ideas, innovative solutions, and personal insights that inspire change and ignite conversations surrounding the crucial role of nature in addressing climate challenges for the people and the planet - TEDx style.
Each 4-8 minute Nature Talk will serve as a condensed powerhouse of knowledge on leading solutions for nature and climate action, delving into key themes across various spheres—scientific, political, economic, financial, social, and technological—that underscore the significance of nature-based solutions.
|
|
|
The Global Stocktake: An opportunity to accelerate food systems transformation through enhanced NDCs
Time: 14:00
Organizer: WWF
Location: WWF Pavilion
From shallow to deep: Shifting corporate commitments on regenerative landscapes from carbon-only to holistic outcomes for people and planet
Time: 14:00-15:00
Location: IETA Business Pavilion
COSTA RICA | Sustainable Agrolandscapes Initiative
Time: 14:00-15:00
Organizer: Development Bank of Latin America and the Caribbean (CAF)
Location: CAF Pavilion
Making Finance Accessible not only Available
Time: 14:30-15:30
Organizer: UNGC
Location: Norwegian Pavilion
Decarbonising shipping has a nature positive impact on marine biodiversity and ecosystems
Time: 15:00-16:00
Organizer: High Level Climate Champions, UN Foundation, Sustainable Shipping Initiative
Location: Denmark Pavilion
Launch of GEO-TREES: From Ground to Space – The Future of Forest Carbon
Time: 15:00 - 16:00
Organizer: Smithsonian Institution
Location: Nature Pavilion
From Reaction to Resilience: Advancing disaster risk reduction and ecosystem restoration
Time: 15:00-16:00
Organizer: Resilience Hub
Location: Resilience Hub at COP28
Integrity and Quality in the Carbon Market
Organizer: Carbonext
Time: 15:00-16:15
Location: Brazil Pavilion, Auditorium 1
Redd+ in Brazil: challenges for the harmonization of national, jurisdictional and project-based approaches
Organizer: Ministério do Meio Ambiente e Mudança do Clima
Time: 15:00-16:15
Location: Brazil Pavilion, Auditorium 2
Nature Based Solution (NbS) for Climate Change Adaptation and Disaster Risk Reduction - Lesson from the field to global level.
Time: 15:30
Organizer: WWF
Location: WWF Pavilion
Building Biodiversity
Time: 15:30 - 16:30
Organizer: Ocean Frontier Institute
Location: Ocean Pavilion
Securing the Global Food Supply Chain.
Time: 15:30 - 16:30
Organizer: DP World
Location: Food Systems Pavilion
Forests, vital reserves for humanity: ensuring their protection and inclusive management, as well as access to innovative financing
Time: 16:30-18:00
Organizer: Ministry of Europe and Foreign Affairs (MEAE) / Conservation International / Women Engage for a Common Future (WECF)
Location: France Pavilion
Blue Carbon Coastal Wetlands in Climate Action: Taking Stock of Nature Based Solutions in Practice
Time: 16:30-18:00
Organizer: International Partnership for Blue Carbon, Ocean and Climate Platform, Pew Charitable Trusts
Location: SE Room 6, Blue Zone
Integrated Landscape Finance: Funding Climate Resilience At Scale Via Local Action And Partnership
Time: 16:45-18:15
Organizer: Rainforest Alliance
Location: Blue Zone, Room: SE Room 7
Is Deforestation stoppable by 2030? Progress and pathways
Time: 17:00
Organizer: WWF
Location: WWF Pavilion
One size fits no one: rethinking the just transition from forests to cities
Time: 17:00-17:45 15:00-16:30
Organizer: COP28 Presidency & IETA WBCSD and IHRB
Location: IETA Business Pavilion Buildings Pavillion
A COP Week 2 Waystation for Those Raising the Ambition on Food Systems: The State of Food Systems at COP 28 and the Road to COP 30
Time: 17:00-18:00
Location: Food Pavilion
Celebrating a New Partnership to Accelerate Jurisdictional REDD+ Success
Time: 17:00 - 19:00
Organizer: Environmental Defense Fund
Location: Nature Pavilion
Fostering Equitable Just Transitions through Nature-Based Solutions: A Focus on Ocean Conservation and Restoration
Time: 18:00-18:50
Organizer: Co-organized by Earthlanka Youth Network, Sustainable Ocean Alliance, Island Innovation Ambassadors, Women Divers Hall of Fame
Location: Thematic Arena 3, Pavilion 325
Advancing Indigenous-led actions to support durable nature-based climate solutions in Canada
Time: 18:30
Organizer: WWF
Location: WWF Pavilion
|
|
|
FEATURE: How could a COP28 climate deal advance protection of nature?
Context, Jack Graham, 7 December
COP28 is an open-air bazaar for carbon offsets
Yahoo News, Tim McDonnell, 6 December
Carbon capture becomes focus for divisions at climate conference
Reuters, John Kemp, 7 December
COP28: John Kerry Backs Some Fossil Fuel Phaseout to Reach Net Zero Goal
Bloomberg, Jennifer A Dlouhy, 6 December
COP28: FEATURE – Complaints over unilateral trade measures threaten progress in crucial climate talks
Carbon Pulse, Rebecca Gualandi, 7 December
Visualised: how all of G20 is missing climate goals — but some nations are closer than others | Greenhouse gas emissions
The Guardian, Ashley Kirk, 7 December
COP28: Green washout or khaki progress?
Responsible Investor, Gina Gambetta & Dominic Webb, 6 December
WTF is the ‘Global Stocktake’? We explain the ‘heart’ of COP28.
Politico, Zia Weise, 7 December
Who is pledging climate finance at COP28, and how much?
Reuters, 6 December
EU’s proposed Net Zero Industry Act moves closer to becoming law
Carbon Pulse, Susannah Rodgers, 7 December
Carbon pricing would raise trillions needed to tackle climate crisis, says IMF
The Guardian, Fiona Harvey, 7 December
The World Got Failing Grades on Climate Action. Here's How COP28 Aims to Fix That
Scientific American, Zia Weise, 7 December
Least-studied areas of Brazilian Amazon at high risk from climate change
Mongabay, Maurício Brum & Lucas Berti, 6 December
$700m pledged to loss and damage fund at Cop28 covers less than 0.2% needed
The Guardian, Nina Lakhani, 6 December
COP28: will there be an agreement to phase out fossil fuels?
Reuters, Kate Abnett & Alison Withers, 6 December
Brazil’s anger over EU carbon tax infiltrates COP28
Politico, Zia Weise, 7 December
Climate talks shift into high gear. Now words and definitions matter at COP28
AP News, Seth Borenstein, David Keyton, Joshua A. Bickel, & Sibi Arasu, 7 December
‘Unprecedented mass coral bleaching’ expected in 2024, says expert
The Guardian, Karen McVeigh, 7 December
At COP28, a Growing Sense of Alarm Over the Harms of Air Pollution
Inside Climate News, Victoria St. Martin, 6 December
A Brazilian NGO restores widely degraded Atlantic Forest amid mining threats
Mongabay, Sarah Brown, 6 December
Australia commits $150m to climate finance for vulnerable Pacific countries
The Guardian, Adam Morton, 7 December
Q&A: How a Fossil Fuel Treaty Could Support the Paris Agreement and Wind Down Production
Inside Climate News, Nicholas Kusnetz, 6 December
We need power to prescribe climate policy, IPCC scientists say
The Guardian, Arthur Neslen, 7 December
It’s Big Oil vs. Science at the COP28 Climate Summit
The New York Times, David Gelles, Lisa Friedman, & Vivian Nereim, 7 December
|
|
|
SPOTLIGHT
Nature Positive T-Shirts
Sônia Guajajara, Minister of Indigenous Peoples of Brazil representing Nature Positive at COP28
In collaboration with Teemill, we have created a series of Nature Positive t-shirts! You’ll see them being sported by the team at the pavilion, and if you want one of your own, you can order it here. The shirts are made from organic cotton and are printed in the UK in a renewable energy-powered factory. Additionally, the profits generated will be reinvested to finance the Nature Positive Delegation in COP29, ensuring we can bring more diversity and voices from the Global South to the conference.
Order Here
|
|
|
SPOTLIGHT
Naturebase
Natural ecosystems are embedded into every aspect of our lives, but the crucial role that nature plays in helping regulate our climate is still not prioritized. Enter Nature4Climate’s naturebase: a new free data platform that turns peer-reviewed science into actionable information. The beta version of the platform, launched earlier this week, integrates an array of data and information acquired through various technologies, including satellite data analysis and land system modeling, as well as machine learning, to showcase natural climate solutions pathways and strategies’ potential everywhere in the planet.
Learn More
|
|
|
We encourage you to forward this newsletter to your colleagues and if you were forwarded this email and wish to subscribe please use the button below.
SUBSCRIBE
|
|
|
Nature4Climate's Weekly Briefing summarises content from international media outlets (and our partner organisations) on stories, developments and events that relate to nature-based solutions. Our editorial policy is to circulate articles and opinion pieces whether we agree or disagree with viewpoints represented. Please submit NCS jobs, news, reports and events for the newsletter to in...@nature4climate.org.
Please reach out with any feedback or thoughts on this version of the newsletter. If you want to be removed from the distribution list, please use the unsubscribe link below. Please join the conversation #NatureNow @nature4climate or get in touch.
|
|
|
|
|
Copyright © 2023 Nature4Climate, All rights reserved.
You are receiving this email because you opted in via our website.
Our mailing address is:
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.
|
|
|
|
|
