Former Climate Negotiator Emphasizes Integral Role of Global Goal on Adaptation
In preparation for the 28th Conference of the Parties (COP28) in Dubai, The Energy and Resources Institute (TERI) has unveiled two pivotal policy briefs. These briefs, launched by former climate negotiator Ambassador Manjeev Singh Puri, emphasize the urgent need for adaptation in the Global South.
Puri stressed that COP28 must integrate the Global Goal on Adaptation (GGA) into climate commitments, highlighting its significance for success. The policy brief, ‘Road to Dubai and The Global Goal on Adaption,’ advocates for a paradigm shift in the climate regime, emphasizing human and natural systems over country-centric approaches.
Key points include the necessity for a nuanced, disaggregated understanding of vulnerability within countries and the importance of means of implementation, particularly in capacity-building for data systems. The brief also underlines the ongoing discussions on the New Collective Quantified Goal on Climate Finance (NCQG) and its link to GGA.
In another brief, titled “Just Energy Transition Partnerships, Climate Action, and Minilateralism,” TERI researchers address the challenges of global climate agreements. The policy brief critiques the sustainability of the current public-private financing model of Just Energy Transition Partnerships (JETPs), calling attention to the imbalance between loans and grants, especially for developing economies in the Global South.
The researchers argue that JETPs, despite gaining visibility from G7, face issues such as insufficient funds, a lack of interconnection between energy demand and supply, and the need for investment in flexible technologies like battery storage and grids.
These timely releases set the stage for COP28, offering insights into critical aspects of adaptation and energy transition. As the international community gathers in Dubai, the success of COP28 is intricately tied to the outcomes discussed in these TERI policy briefs.