Climate 411

Latin America’s Climate Challenge, and Opportunity

This blog is co-authored by Sergio Sánchez, Senior Policy Director of Global Clean Air; Edgar Godoy, Associate Vice President of Jurisdictional Partnerships; Santiago Garcia, Indigenous Peoples and Local Communities Relationships Manager; and Erica Cunningham, AVP of Latin American Fisheries and Oceans.

Scene from the Latin America and the Caribbean Climate Week 2023 opening ceremony. UNclimatechange via Flickr.

This week leaders and climate stakeholders from throughout Latin America are meeting in Panama to discuss climate action, and the strategies and finance needed to climate-proof the continent. It’s not an easy task in a region facing multiple challenges, from political instability to insecurity to stunted economic growth in many countries.

Climate change is already making life even more challenging for many vulnerable people in Latin American and Caribbean. Communities throughout the region are grappling with sea-level rise and extreme weather events that occur more frequently. The largely man-made destruction of natural resources, like the Amazon rainforest, will intensify the impacts of climate change, and the impact of climate change is creating further pressure in the ecosystems and their degradation. Yet enforcement of conservation efforts alone is not enough for a problem that is economic in nature.

Mitigation and adaptation strategies will look different from country to country in this highly diverse and mega biodiverse continent. However, they all share some common threads: the need for climate finance, capacity building, and technology transfer, among others.

The opportunity for climate action

A successful climate strategy for Latin America will also solve other problems. Efforts to conserve the region’s rich natural ecosystems must happen alongside efforts to safeguard vulnerable communities against climate impacts. At Latin America and the Caribbean Climate Week, the region’s leaders and climate stakeholders will have the opportunity to collaborate and advance discussions on climate policies that address multiple issues for both mitigation and adaptation. Climate financing, both from rich countries and the private sector, will need to be scaled up for solutions to work.

EDF’s delegation at Climate Week will engage and collaborate with the region’s climate leaders from government, civil society, Indigenous and local communities and other stakeholders, on critical topics including clean air, forest conservation, food security, and resilient oceans and coastal communities.

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Also posted in Carbon Markets, Extreme Weather, Greenhouse Gas Emissions, Indigenous People, REDD+, United Nations / Comments are closed

3 considerations for climate negotiators as they close out the first Global Stocktake

This post was co-authored by Julia Ilhardt, High Meadows Fellow for Global Climate Cooperation at Environmental Defense Fund. 

Flags of the world. Getty.

The first Global Stocktake – a process designed to assess collective progress toward the Paris Agreement’s goals on climate change mitigation, adaptation, and finance – is rapidly nearing its official conclusion at COP28.

With nearly a full year of discussions completed, the process is shifting from a technical exercise to a political one. The outcome must spur ambition in the upcoming round of national climate plans, or Nationally Determined Contributions (NDCs), due to the UN climate agency in 2025.

A successful outcome of the first Global Stocktake will point countries to opportunities for climate action that will put the world on track to meet the Paris goals.

What has the Global Stocktake told us so far?
The vast amount of technical information and literature submitted for consideration since the start of the Global Stocktake underscores what we already know. Despite progress in recent years, we’re not on track to meeting the goals of the Paris Agreement. On mitigation, for example, countries must step up the ambition of their NDCs and implement the commitments they’ve already made.

The literature also reminds us, however, that we have a wide range of tools available to tackle the climate crisis. In fact, the Intergovernmental Panel on Climate Change (IPCC) found that we could reduce emissions by at least half by 2030 with solutions that cost no more than $100 per ton of CO2e. And half of these solutions actually cost less than $20 per ton of CO2e.

Opportunities for action are available across all sectors and greenhouse gases. As countries begin work on their updated climate plans, they must make use of these tools and learn from each other’s experiences.

The next round of NDCs is due to the UNFCCC in two short years, and we now have fewer than seven years left in this critical decade. The Global Stocktake should provide a springboard for action.

The political phase of the Global Stocktake is about generating outputs that help them do just that. Though negotiators have yet to decide on the final form the outputs will take, the products will summarize opportunities, challenges, lessons learned, and good practices for implementing climate solutions.

To ensure a successful first Global Stocktake, here are three things negotiators should keep in mind as the process enters its final phase:

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Also posted in Energy, Paris Agreement, United Nations / Comments are closed

Bonn climate talks: The Global Stocktake, oceans, food and nature are issues to watch

EDF’s delegation to the climate talks taking place in Bonn, Germany from June 5 to June 15 give us some insights into the issues they’re following. 

Flags on clear sky. Getty.

Next week, climate negotiators will convene in Bonn, Germany for a two-week negotiation session that will serve as an important marker on the road to the COP28 climate talks in Dubai this November. The outcome of the talks, known as SB58, will set the stage for the negotiations at COP28, giving us an indication of what needs to happen in the months leading up to those pivotal talks.

Every year the climate negotiations become more urgent as we draw closer to the timelines for meeting the Paris Agreement goals. The task is even more challenging when considering the other crises the world faces, like economic disruption, energy insecurity and food scarcity. We need effective solutions that can solve for these multiple challenges simultaneously. The talks in Bonn are an important opportunity to gauge progress and push forward key action points that address these various challenges, in the lead up to COP28, and beyond.

EDF’s delegation to the Bonn climate talks are closely monitoring various important issues inside and around the negotiations. These include the Global Stocktake process, food, fisheries and ocean issues, and efforts to expand high-integrity carbon market cooperation.

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Also posted in Agriculture, Carbon Markets, Forest protection, News, Oceans, Paris Agreement, United Nations / Comments are closed

The climate benefits of informed forestry practices

Pine plantation forest in Australia. iStock

This post was authored by Cyril Melikov, Senior Research Analyst of Natural Climate Solutions at EDF. 

Forests planted for commercial purposes can help slow down climate change. How? With improved forestry management that uses forestry practices that increase the amount of carbon stored in commercial forests.
The idea is that foresters and land managers can put forestry practices in place that will raise the carbon levels in the plantation forests they manage, thus helping slow climate change.

For example, foresters could harvest trees at an older age than the age at which they would normally be harvested (known as extending the rotation length). Or they could plant several trees species in the same tree plantation (known as mixed planting) as opposed to planting only one tree species. Or they could add nutrients to the soil using inorganic or organic nutrient sources (known as fertilization).

All these practices could add carbon to plantation forests. Their study has gained traction over the past decade as improved forest management could represent a cost-effective and rapidly deployable natural climate solution, or NCS. It’s a promising avenue for climate change mitigation.

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Also posted in Innovation, Science / Comments are closed

Forest climate finance must be more equitable to support Indigenous Peoples and local communities

This post was co-authored by Julia Paltseva, Senior Analyst at EDF, and Tuntiak Katan from the Coordinator of Indigenous Organizations of the Amazon River Basin (COICA). For more resources on high forest, low deforestation (HFLD) crediting, visit edf.org/hfld. This post has also been translated into Spanish and French (leer en español, lire en français).

Tuntiak Katan of the Coordinator of Indigenous Organizations of the Amazon Basin (COICA). Photo by Leslie Von Pless, EDF

Forests are an essential part of the climate change solution, and their effective conservation requires the empowerment of Indigenous Peoples and local communities, or IPLCs. Around the world, IPLCs have stewarded forests for generations. However, in the face of growing economic pressures to cut forests down, current incentives designed to keep forests standing are largely inaccessible to communities living in areas of historically low forest loss, known as high forest, low deforestation regions, or HFLD.

An effective and equitable global REDD+ incentive-system for reducing deforestation should reward all relevant jurisdictions and actors, including both historical emitters and historical protectors of carbon stock, like IPLCs. We must eliminate forest loss in areas where it is already occurring. At the same time, we must also avoid future increases in deforestation in areas of historically low forest loss – HFLD regions.

Guardians of the forest
Indigenous Peoples and local communities are some of the best forest protectors, especially when equipped with strong tenure and land rights. In Mesoamerica, IPLCs steward half of forested areas. In the Amazon, Indigenous Peoples manage more than 30% of the rainforest, and satellite imagery shows deforestation rates in Indigenous territories are roughly half of what they are in similar surrounding lands. IPLCs typically practice sustainable forest management, through agroforestry and low-impact agriculture, allowing them to both provide for their needs and effectively conserve the forests.

Despite a successful track record of maintaining intact forests, forest communities have directly received less than one percent of international government aid for climate change mitigation and adaptation over the last decade.

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Also posted in Carbon Markets, Forest protection, Indigenous People, REDD+ / Comments are closed

Don’t miss the forest for the trees

Ecuadorian Amazon. Photo by Leslie Von Pless/EDF

High-quality tropical forest carbon credits are essential to combatting climate change, advancing community-led development and safeguarding biodiversity.

This post was written by Mark Moroge, Vice President, Natural Climate Solutions and Breanna Lujan, Senior Manager, Natural Climate Solutions. This is an exerpt of a post published in EDF+Business. Read the full post here.

If you’re a company, navigating the tropical forest carbon credit marketplace can be daunting, particularly in a complex media landscape.

How should you do it?

First, don’t miss the forest for the trees. We must halt and reverse tropical deforestation by 2030 to prevent the worst impacts of climate change. We need to use all the tools in our toolbox.

Private sector finance is key to tackling deforestation at the pace and scale the world needs. As a company, you should decarbonize your own operations as quickly as possible. Alongside this, purchase high-quality tropical forest carbon credits. Such credits are an essential means to stabilize our climate and safeguard biodiversity. Revenues can also improve the lives and livelihoods of some of the world’s most vulnerable forest peoples, including Indigenous Peoples and local communities, who’ve long struggled for just recognition of their conservation efforts.

Second, do your due diligence – both of your tropical forest carbon credit purchases, and of the information you consume about the tropical forest carbon marketplace. Both matter, and both support the evolution of forest carbon markets towards ever increasing integrity and quality. Read the full post here.

Also posted in Carbon Markets, Forest protection, Indigenous People, REDD+ / Comments are closed