Posts tagged ‘Bonn’

Time for a climate damages tax on oil, gas and coal production

On Thursday, the second last day of the UN Climate Change conference in Bonn, 25 Nations, provinces and cities took the extraordinary step of committing to coal phaseout in a declaration to phase out coal in the OECD by 2030 and globally by 2050.

Everyone at COP outside the negotiating rooms is talking about coal and fossil fuels. But it is a sad fact that fossil fuels are not even mentioned or referred to once in the Paris Agreement, hence does not come up in the formal negotiating discussions or texts.

Progess on finance for Loss and Damages was one of the big asks by Pacific nations and developing countries at this conference. But substantial progress was blocked by developed countries like US, Australia, Canada and European Union. At the end a forum was conceded to discuss financial options in May. Weak progress.

Before the conference Climate Action Moreland joined with other civil society groups in signing on to the Climate Damages Declaration.

Climate Analytics has recently highlighted, it has been a year of climate extremes: a case for Loss & Damage at COP23. They identified what should be done to progress the Loss and Damage agenda at Bonn. Sadly, it was largely a missed opportunity, thanks in part to Australia’s position.

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November 19, 2017 at 8:01 pm Leave a comment


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