Republica

भाद्र २०८१

People’s climate march activists demand climate finance

Over 300 participants took part in the 2024 People’s Climate March in Kathmandu on Saturday. The march saw a diverse group of participants, including youths, civil society organizations, farmers, women’s groups, persons with disabilities, marginalized, and indigenous communities. Together, they called for the Global North to provide $5 trillion annually in climate finance to the Global South.

पूर्ण विवरण

सम्बन्धित सामग्री

People’s climate march activists demand climate finance

Over 300 participants took part in the 2024 People’s Climate March in Kathmandu on Saturday. The march saw a diverse group of participants, including youths, civil society organizations, farmers, women’s groups, persons with disabilities, marginalized, and indigenous communities. Together, they called for the Global North to provide $5 trillion annually in climate finance to the Global South.

Republica भाद्र २०८१

Opinion | Climate finance dilemma

It would be unwise only to demand climate finance as grants without prioritising areas of investment.

The Kathmandu Post माघ २०७९

Opinion | Climate finance dilemma

It would be unwise only to demand climate finance as grants without prioritising areas of investment.

The Kathmandu Post माघ २०७९

COP 26: PM Deuba calls for high priority to mountain agenda (with full speech)

Prime Minister Sher Bahadur Deuba has urged world leaders to recognize the specific climate vulnerability of the high Mountains and accord high priority to the mountain agenda in all climate-related negotiations. "Keeping the global temperature below 1.5° C is vital for mountain people. It is an issue of our survival", he said. Making a statement as Leader of Nepali Delegation at the World Leaders Summit during the 26th Conference of Parties (COP 26) of the UN Framework Convention on Climate Change (UNFCCC) in Glasgow today, he said with temperatures rising higher than global average, glaciers are receding, snowfall is decreasing and permafrost is melting in the Himalayan region. Extreme climate events are increasing, causing huge economic and ecological losses and precious human lives. "Around 80% of Nepal’s population is at risk from natural and climate-induced hazards. During the last 40 years, natural disasters have caused close to 6 billion USD physical and economic damages in my country alone," the Prime Minister said. Nepal has also called upon the Parties to agree on making Loss and Damage a stand-alone agenda for negotiations and support the framework of additional financing for it. The COP 26 must ensure adequate adaptation support for the most vulnerable countries by scaling up financial, technological and capacity-building support. Stating that we can deliver on our goals only through quick, direct and easy access to climate finance, Prime Minister Deuba urged the Parties to agree on a clear roadmap for a new collective, quantified and ambitious goal on climate finance before 2025. Loss and damage has become a key concern due to increased phenomena of climate induced disasters. This subject must find a place under article 4.8 of the Convention. Sharing about Nepal's efforts to balance development and climate actions, the Prime Minister said we have regulatory mechanisms to ensure that international climate finance is channeled to support transformational approaches in implementing adaptation, mitigation and disaster management actions together. "We are engaging with all stakeholders including the private sector, indigenous people, disadvantaged communities, women and youth in all our climate actions. Recognizing the value of nature to both adapt and mitigate climate change, we have decided to create a dedicated institution for working on Nature Conservation and Climate Change together," Deuba said. Nepal has recently approved the Long Term Strategy on Loss and Damage and National Adaptation Plan and has a policy to spend at least 80% of the available climate finance to support local climate actions. "With abundant water, forest and biodiversity resources, Nepal can be a leader in sharing clean, green and nature based climate solutions in the region". Prime Minister Deuba also expressed Nepal's firm commitment to the implementation of the Paris Agreement and shared that Nepal has submitted an ambitious NDC that plans to decarbonize our economy in all sectors, including an aim to reach a net zero emission by 2045. "We will ensure that 15 percent of our total energy demand is supplied from clean energy sources and maintain 45 percent of our country under forest cover by 2030", he said. Referring to rapid warming in the Himalaya posing serious threat to food, water, energy and human security of the entire region and glacier melting contributing to the existential threat to the coastal and island countries due to sea level rise, Prime Minister Deuba shared that Nepal government will host Sagarmatha Sambad – a dialogue named after Mt. Everest to raise awareness on the climate crisis in the Himalaya. Prime Minister Deuba ended his statement by noting that the decisions to be made at COP 26 must do justice to those affected now, the future generations and Mother Nature. "The future of our planet largely depends on what we decide at this conference". See the full speech below Mr President, Excellences, Nepal remains firmly committed to the implementation of the Paris Agreement. We have submitted an ambitious NDC that plans to decarbonize our economy in all sectors. Nepal aims to reach a net-zero emission by 2045. We will ensure that 15% of our total energy demand is supplied from clean energy sources and maintain 45% of our country under forest cover by 2030. With abundant water, forest and biodiversity resources, Nepal can be a leader in sharing clean, green and nature-based climate solutions in the region. With temperatures rising higher than global average, glaciers are receding, snowfall is decreasing and permafrost is melting in the Himalayan region. Extreme climate events are increasing, causing huge loss to the economy, ecology and human lives. Around 80% of Nepal’s population is at risk from natural and climate-induced hazards. During the last 40 years, natural disasters have caused close to US$ 6 billion in physical and economic damages in my country alone. Mr. President, Rapid warming in the Himalayas poses a serious threat to food, water, energy and human security of the entire region. Glacier melting also contributes to the existential threat to the coastal and island countries due to sea-level rise. I, therefore, urge the world leaders to recognize the specific climate vulnerability in the high mountains and accord high priority to the mountain agenda in all climate-related negotiations. Keeping the global temperature below 1.5° celsius is vital for mountain people. It is an issue of our survival. To raise awareness on the climate crisis in the Himalayas, my government will host Sagarmatha Sambad – a dialogue named after Mt. Everest. An LDC, Nepal is making sincere efforts to balance the development and climate actions. We have mechanisms to ensure that international climate finance is channeled to support transformational approaches in implementing adaptation, mitigation and disaster management actions together. We are engaging with all stakeholders including private sector, indigenous people, disadvantaged communities, women and youth in all our climate actions. Recognizing the value of nature to both adapt and mitigate climate change, we have decided to create a dedicated institution for working on Nature Conservation and Climate Change together. Mr. President, Loss and damage has become a key concern due to increased phenomena of climate-induced disasters. This subject must find a place under article 4.8 of the Convention. We call upon the Parties to agree on making Loss and Damage a stand-alone agenda for negotiations and support the framework of additional financing for it. The COP 26 must ensure adequate support for adaptation in the most vulnerable counties by scaling up financial, technological and capacity-building resources. We can deliver on our goals only through quick, direct and easy access to climate finance. We urge the Parties to agree on a clear roadmap for a new collective, quantified and ambitious goal on climate finance before 2025. In closing, Mr. President, the decisions we make at COP 26 must do justice to those affected now, the future generations and Mother Nature. The future of our planet depends on what we decide at this conference. I totally agree with Prime Minister Boris Johnson that this is the last chance to save the earth. I thank you.

Ratopati English आश्विन २०७८