The Signing Ceremony of The Paris Agreement in New York On 22 April
The Signing Ceremony of The Paris Agreement in New York On 22 April
The Signing Ceremony of The Paris Agreement in New York On 22 April
There are several reasons to wait before signing the PA. They are set out as
follows:
1. Holding off to signing of PA to secure the leverage needed in the
negotiations
If developing countries rush into signing the PA, thus indicating their
readiness to give effect to the treaty through their domestic ratification
process, they lose the political leverage in the current negotiations to get
developed countries to meet their existing commitments in the pre-2020
timeframe and in securing the positions and flexibilities needed by
developing countries in the negotiations that are outstanding and pending
in relation to the PA.
Not signing now keeps the pressure up on developed countries to deliver
on their promises and to leverage the outcomes and positions that are vital
for developing countries in meeting their obligations under the PA.
Some of the most important issues that are vital for developed countries to
deliver on this year are set out below in further detail.
2. Ensuring the fulfilment by developed countries of their existing
commitments under the decisions of the Convention and the Kyoto
Protocol in the pre-2020 time period
Several preconditions were established by developing countries for developed
countries during the negotiations for the PA under the mandate in Durban which
have yet to be met. This relates to commitments under the Bali Roadmap that
remain unfulfilled in the pre-2020 timeframe and include the following:
(i)
(ii)
(iv)
In relation to the Green Climate Fund (GCF), which is a vital entity for
developing countries to implement their climate action plans and
responses, it is critical for countries to observe the fulfillment of the
GCFs approval of projects for funding this year. The approval of funding
proposals are now on hold for completing remaining policy discussions
within the GCF Board, in order to meet US$2.5 billion in disbursements
this year. There is need to obtain clarity on the type of financing that
will be available, the balance between loans versus grants, the balance
between funding for adaptation versus mitigation, as well as the process
of the replenishment of the GCF's funds which is tentatively targeted to
take place by June 2017.
If this entity is not able to respond sufficiently to the needs of developing
countries for the implementation of their current plans and actions, it
will be even harder for many developing countries to implement their
nationally determined contributions under the PA post 2020.
(ii)
Conclusion:
Given the reasons above, it will be more advantageous to developing countries to
wait this year and not rush into signing of the PA. Otherwise, as indicated above,
we lose the political leverage that is critical to secure the necessary conditions
that will enable developing countries to meet their obligations under the PA.