Category: Climate Negotiations

Latest global stocktake report replete with bold and developing country centric positions

The most recent Global Stocktake Report from the UN Secretariat puts forward what are primarily developing country positions on key issues such as finance, mitigation, loss and damage and trade response measures. Getting parties to agree what are collectively the most contentious issues in the negotiations in the next two months will be no mean feat.

Climate change fund replenishment falls vastly short

The latest replenishment of the UN’s climate fund, the GCF, barely moves the needle on what has been historically pledged. It also doesn’t touch sides with the amount needed by developing countries. This bodes poorly for the trust deficit between developed and developing countries at COP28.