New Delhi, Aug 24 (SocialNews.XYZ) BRICS nations on Thursday re-emphasiseed on the importance of implementing the United Nations Framework Convention on Climate Change (UNFCCC) and its Paris Agreement and the principle of Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC) enhancing low-cost climate technology transfer, capacity building as well as mobilising affordable, adequate and timely delivered new additional financial resources for environmentally sustainable projects.
In the Johannesburg Declaration issued after the 15th BRICS summit, which ended today, it was agreed that there is a need to defend, promote and strengthen the multilateral response to climate change and to work together for a successful outcome of the 28th Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC COP28).
"We recognise that the Means of Implementation should be enhanced by developed countries, including through adequate and timely flow of affordable climate finance, technical cooperation, capacity building and transfer of technology for climate actions.
“Furthermore, there is a need for comprehensive financial arrangements to address loss and damage due to climate change, including operationalising the fund on loss and damage as agreed at the UNFCCC COP27 to benefit developing countries," the declaration said.
The grouping also expressed its strong determination to contribute to a successful COP28 in Dubai, later this year, with the focus on implementation and cooperation. As the main mechanism for assessing collective progress towards achieving the purpose of the Paris Agreement and its long-term goals and promoting climate action on all aspects of the Paris Agreement under the UNFCCC, the Global Stocktake must be effective and identifying implementation gaps on the global response to climate change, whilst prospectively laying the foundations for enhanced ambition by all, in particular by developed countries. We call upon developed countries to fill outstanding gaps in means of implementation for mitigation and adaptation actions in developing countries.
The BRICS nations also welcomed Brazil’s candidacy to host COP30 as the year 2025 will be key to the very future of the global response to climate change.
They also agreed to address the challenges posed by climate change while also ensuring a just, affordable and sustainable transition to a low carbon and low-emission economy in line with the principles of CBDR-RC, in light of different national circumstances.
“We advocate for just equitable and sustainable transitions, based on nationally defined development priorities, and we call on developed countries to lead by example and support developing countries towards such transitions.
“We stress the need for support of developed countries to developing countries for access to existing and emerging low-emission technologies and solutions that avoid, abate and remove greenhouse gas (GHG) emissions and enhance adaptation action to address climate change.
“We further emphasise the need for enhancing low-cost technology transfer and for mobilizing affordable, adequate new and timely delivered additional financial resources for environmentally sustainable projects,” the document noted.
Source: IANS
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