
As the world prepares for the 29th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the Centre for Science and Environment (CSE) in Delhi has emphasized the importance of fulfilling financial obligations in the fight against climate change.
Overview of the 60th Meeting of the Subsidiary Bodies (SB60):
- SB60 is a mid-year climate conference scheduled to take place in Bonn, Germany, from June 3-13, 2024.
- The meeting will bring together countries that are signatories to the UNFCCC, with a significant number of national delegates and civil society representatives participating.
Key Focus Areas of SB60:
- Climate Finance:
- Ensuring that developed countries fulfill their financial commitments to support climate action in developing countries.
- Advancing Progress on Nationally Determined Contributions (NDCs):
- Pushing for timely submission of countries' first Biennial Transparency Reports and accelerating climate action through just transitions.
- Work on National Adaptation Plans:
- Promoting efforts to build resilience and adapt to the impacts of climate change.
- Accelerating Climate Action through a Just Transition:
- Exploring pathways for a sustainable transition to a low-carbon economy that ensures social equity.
Inaugural Annual Global Stocktake (GST) Dialogue:
- SB60 will feature the inaugural GST Dialogue, aiming to promote sharing of effective strategies and lessons learned on how countries are incorporating GST outcomes into their NDCs.
About the Centre for Science and Environment (CSE):
- CSE is a public interest research organization based in New Delhi, focusing on sustainable and equitable development.
- It works as a think tank on environment-development issues in India, advocating for policy changes and better implementation of existing policies.
About the United Nations Framework Convention on Climate Change (UNFCCC):
- UNFCCC sets the basic legal framework and principles for international climate change cooperation, aiming to stabilize atmospheric concentrations of greenhouse gases (GHGs).