Anne Maina’s Post

The United Nations just met in New York to review challenges and gaps in global governance. Seems like a good time to review global goals and the agreements put in place to get us where we need to go. What is the Paris Agreement and what is the United Nations Framework Convention for Climate Change UNFCCC? What is each countries initial National Determined Contribution iNDC? "The Paris Agreement is a legally binding international treaty on climate change. It was adopted by 196 Parties at the UN Climate Change Conference (COP21) in Paris, France, on 12 December 2015. It entered into force on 4 November 2016. Its overarching goal is to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.”..." "Countries across the globe adopted an historic international climate agreement at the U.N. Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP21) in Paris in December 2015. In anticipation of this moment, countries publicly outlined what post-2020 climate actions they intended to take under the new international agreement, known as their Intended Nationally Determined Contributions (INDCs)." (INDC is formal document submitted to the UN member parties to validate each countries intended contribution to climate change) "The climate actions communicated in these INDCs largely determine whether the world achieves the long-term goals of the Paris Agreement: to hold the increase in global average temperature to well below 2°C, to pursue efforts to limit the increase to 1.5°C, and to achieve net zero emissions in the second half of this century." Video What is the Paris Agreement https://lnkd.in/gU9rX7n4 More detailed articles here: What is the Paris Agreement: https://lnkd.in/gB6w2UQT iNDC Definition: https://lnkd.in/gqBu4ETt #climatechange #parisagreement #unfccc #indc

Climate change is a monster that doesn't respect borders. It affects all of us, no matter where we live. That's why we need everyone to pitch in – countries big and small – to tackle this beast. Sure, individual actions are great, but if we really want to make a dent, we need to work together as a planet. Imagine countries sharing their best ideas and green tech, like swapping recipes but for fighting climate change! We also need strong agreements, like the Paris Agreement, that hold everyone accountable for doing their part. By working together, we can achieve amazing things. Let's be a united front against climate change! Together, we can build a world that's strong enough to weather any storm (literally!) and prosperous enough for everyone to thrive. #GlobalCooperation #ClimateDiplomacy #Multilateralism #ClimateAction #GlobalSolidarity https://lnkd.in/e63tsM6m

NetZeroCitiesEU NetZeroCities is here to help achieve these goals! Supported by European Commission

Recent geopolitical events have shown the importance of ensuring #energysecurity and resource independence. They show how imperative it is to take every possible measure to decrease and eventually end Europe's reliance on #fossilfuels. The EU's Green Deal has laid out several necessary steps, now requiring implementation. Find out more with our complete manifesto here ➡️ https://lnkd.in/e95u9Cbf #RealisingGreenDeal

💡 Highly recommended "orientation briefing" by E3G with an assessment of how climate action plays into the structure and direction of the Commission set by Commission President Ursula von der Leyen. Against the backdrop of the #competitiveness and #industry, security and sovereignty, the briefing looks at the different Commissioner posts and responsibilities via portfolio mission letters. It also has the best picture yet of the Commissioner structure! It concludes that the #EuropeanGreenDeal is not dead, but serves as a priority across the structure and will be decisive for the new #CleanIndustrialDeal.

Today, the European Council is convening in Brussels, with security and defence topics high on the agenda. The Covid-19 pandemic and Russia’s war of aggression against the Ukraine have exposed the vulnerability of Europe’s current energy system to external shocks. A modern, forward-looking external energy strategy should be part of the conversation on enhancing security of Europeans in an increasingly turbulent world. An updated strategy should build on: 🍃 a new definition of 'energy security' that builds on renewables and clean technologies for Europe's transi­tion to climate neutrality 🏆 a consistent approach to Europe’s external energy relations that reflects the EU’s security and sovereignty interests ⚖️ showing how Europe will seek to balance between industrial development and open international trade 🌱 articulating opportunities of Europe’s energy transition for our international partners, for example through green lead markets ⚡️ setting priorities on energy security and clean energy transition in Europe’s neighbourhood 🤝 reflecting Europe’s cooperative, partnership-driven approach to addressing the climate crisis in its neighbourhood and worldwide Redesigning Europe’s external energy strategy is just one of our 20 policy recommendations that would help accelerate Europe’s pathway to climate neutrality while strengthening competitiveness and solidarity. Over the coming weeks and months, we will dive more deeply into the others included in our recent publication produced jointly with Agora Agrar, Agora Industry and Agora Verkehrswende “EU policies for climate neutrality in the decisive decade”. Interested to explore the report in detail? Download it here: https://lnkd.in/dp2-MYpK #energysecurity #resilience #energytransition #climateneutality #netzero

A welcome boost on the implementation of the EU Emissions Trading System (EU ETS) in Greece

This Bloomberg article nails it in the head! Climate change is an infrastructure problem (both mitigation and adaptation) and capital markets are great source of funding for the solutions (that we already have). A single EU SEC equivalent would really bring dynamism to the lethargic European markets. I hope the European Parliament elections next quarter will bring this issue to the top of the list of priorities. It can be done! That would also mean that the UK markets and London post Brexit would lose relevance as financial capital of Europe... https://lnkd.in/dTEqENe2

📢 Today starts the High Level Ministerial on the #NCQG in Baku ⚠️ Civil society won't accept an inadequate outcome at #COP29 on the new climate finance goal - it is therefore urgent that ministers find an ambitious and equitable way forward. Program and webcast can be followed here: https://lnkd.in/emcueHhM