Back to Lima-Paris Action Agenda and Action Day

© Benjamin Géminel
© Benjamin Géminel

10 Dec Back to Lima-Paris Action Agenda and Action Day

The outcome of the Action Day and the 12 “Focuses” held from 1-8 December, at the heart of the COP21 negotiations, demonstrate massive mobilization by non-State stakeholders need to add here that many are cooperative actions with governments:

  • More than 70 major cooperative initiatives involving almost 10,000 players from 180 countries;
  • Almost 11,000  total concrete commitments on the NAZCA platform: 2250 cities, 150 regions, that account for 1.25 billion inhabitants; 2025 companies, 424 investors, and 235 civil society organizations
  • Hundreds of billions of dollars redirected for the climate to invest in the transition toward a low-carbon and resilient economy;
  • One third of the 2000 largest global companies  committed to the climate, with an economic weight equivalent to the GDP of China, Germany and Japan all together;
  • Thousands of local leaders, business leaders and civil society figures have travelled to Paris to show their commitment and present their solutions and proposals.

The Lima-Paris Action Agenda: an unprecedented process that constitute one of the key Paris outcome

This Action Agenda is an initiative led by the French and Peruvian governments, the United Nations Secretary-General, and the United Nations Framework Convention on Climate Change (UNFCCC) secretariat. It aims at fostering the actions and commitments of non-State actors(again – add words to include cooperative actions with governments – cities, regions, businesses and civil society organizations, which will contribute to reducing global greenhouse gas emissions and to adaptation, pre-2020 and long term action. Key actors are gathered in wide international collaborations and engage to transition the economy.

The LPAA seeks to amplify the global action movement at each level, and in each sector and region of the world. It demonstrates that we can engage concrete climate action even before the Paris agreement enters into force in 2020.

The LPAA and the surrounding climate action dynamic is a key asset to countries when implementing their INDCs: it feeds them with concrete solutions, technological, political and financial innovations. It also strives to lower-down the cost of low-carbon technologies. It will help reducing emissions, improve energy efficiency, build more sustainable cities and protect forests, to shape tomorrow’s world.

 Trends in mobilization and key lessons

  • The initiatives launched at the UN Secretary General’s Cklimate Summit in  New York in 2014 are bearing fruit: many of they are more robust and better structured than they were a year ago, like the New York Declaration on Forests.
  • Remarkable commitment of cities and communities: More than 7000 communities have made ambitious, operational commitments to reduce their greenhouse gas emissions.
  • Numerous initiatives set energy efficiency as the main source of emission reductions: electrical appliances, urban districts, industrial, transport and fuel facilities, etc.
  • Private finance has announced un-hoped-for amounts  in a threefold movement: measuring of the carbon footprint of portfolios; investment in projects for the climate, fossil fuel divestment.
  • Exceptional mobilization of the community of water stakeholders: in Paris, concerted management of water and ocean resilience have seen the mobilization of hundreds of public and private stakeholders (Paris Pact on Water and Adaptation to Climate Change in the Basins of Rivers, Lakes, and Aquifers).

Examples of major announcements

Forest Focus

  • Mondelez committed to invest US$400 million in the next decade to support the production of sustainable cocoa with zero net deforestation in Africa.
  • Germany, Norway and the United Kingdom announced a collective aim to provide over $5 billion from 2015 to 2020, if forest countries demonstrate measured, reported and verified emission reductions.
  • Colombia in turn announced a commitment of $300 million with those same countries to deliver on its Amazon Vision and scale up deforestation reduction

Agriculture

  • “4/1000 Initiative: Soils for Food Security and Climate” – launched at COP21 by a hundred partners (developed and developing states, international organizations, private foundations, international funds, NGOs and farmers’ organization) initiative aims to protect and increase carbon stocks in soils.

Resilience – Water

  • Paris Pact on Water and Climate Change Adaptation – involves 303 participants from a wide geographic coalition of organisations, governments, funding agencies, local governments, companies and civil society – representing over US$20 million in technical assistance and potentially over US$ 1 billion in financing.

Resilience – Adaptation

  • Early warning systems for over 50 least developed countries and SIDS
  • Access to insurance to 400 million vulnerable people in 5 years
  • US$ 150 million partnership looks to mobilize more funding for Africa and Asia
  • EU mobilizes €125 million for countries affected by ‘El Niño’

Transport

  • 65 countries committed to improve vehicles efficiency in developing countries, representing 3 billion inhabitants (Indonesia, Egypt, Vietnam, Philippines, Morocco, Columbia, European Union, United-Arab-Emirates, Mexico, Pakistan…)
  • MobiliseYourCity: Sustainable Urban Mobility Plans in 100 fast-growing cities and 40 countries, with already 20 cities committed and 5 million euros to fast-start the program.
  • 50 partners embark on transforming freight, the fastest growing contributor to transport emissions
  • Countries, subnationals and companies will aim to have 20% electric vehicles on the road in 2030 (light and heavy duty vehicles, bicycles, buses), which represents 100 million cars (from 1 million today).

Building

  • Over 60 organizations and 22 countries launched an unprecedented Global Alliance for Buildings and Construction.

Private Finance

  • Portfolio Decarbonization Coalition: 20 investors, representing US$3.2 trillion, committing to decarbonization of US$600 billion in assets.
  • 106 banks, annually investing a total of 250 Billion USD, and dozens of investors, managing 4000 Bn USD of assets, have committed to a major increase in energy efficiency lending in their portfolios.
  • International cooperative and mutual insurance federation overshoot their pledge made in 2014 with more than 109 Billion of green investments made to date and a new 5-5-5 initiative to bring micro-insurance for 25 million vulnerable people in support to G7 pledge.

Short-Lived Climate Pollutants

  • Over 50 cities to reduce emissions from municipal solid waste
  • Sector to reduce HFCs by 30 -50% from refrigerant servicing within 10 years
  • Green Freight Action Plan to fight black carbon and fine particle pollutants

Energy

  • The Global Geothermal Alliance (GGA), launched today, is set to achieve a 500% increase in global installed capacity for geothermal power generation and a 200% increase for geothermal heating by 2030. The GGA is now a strong partnership of 36 countries and 23 institutions.
  • India launched the International Solar Alliance (ISA), which aims to align countries with the abundant solar potential to push the development of solar energy technologies. The Alliance has a prospective membership of over 120 countries.
  • The Africa Renewable Energy Initiative (AREI) announces plans to build at least 10 GW of new and additional renewable energy generation capacity by 2020 and 300 GW by 2020. 10 Billion USD by 2020 were pledged by supporting countries from G7, European Commission, Sweden.
  • More than 70 countries have agreed to phase out incandescent bulbs and promote the most efficient lighting technologies such as LED.

Cities & Subnational

  • Cities and regions from five continents representing almost one-fifth of the world’s population (38 partners) came together to launch a five-year vision (Action Plan) that will raise their action to respond to climate change and ensure sustainable future living environments for their people.

Business

  • 64 CEOs representing USD 1.9 trillion in annual revenue commit to integrate carbon pricing into corporate long-term strategies.
  • 450 CEOs from 65 countries across 30 sectors commit to set targets to drive climate action.
  • 115 companies from around the world commit to align their emissions reductions targets in line with below 2°C.
  • ACCIONA pledges to be carbon neutral by 2016, Philipps Lightning by 2020.

Innovation

  • Launched “Mission innovation”. This initiative of 20 countries, will dramatically accelerate global clean energy innovation, including doubling their current research and development (R&D) investments in the sector. The initiative is coupled with a private sector effort called the “Breakthrough Energy Coalition”, in which 28 investors from 10 countries, led by Bill Gates, to invest extraordinary levels of private capital in clean energy.

NAZCA HIGHLIGHTS

 Almost 11,000 examples of participation (cumulative) in LPAA initiatives, involving states and non-state actors from 180 countries.

  • 6,914 individual climate commitments on NAZCA platform: 2,255 cities, 150 regions, 2,025 companies, and 424 investors.
  • Cities and regions on NAZCA, represent about 26 billion people or 17 % of the global population.
  • 97 cities out of the top 300 global cities by GDP are engaged on NAZCA, with a total GDP close to $20 trillion.
  • One-hundred and eleven Global 500 companies with a collective $6.7 trillion market capitalization are making reduction pledges on NAZCA.
  • More than one-third (609) of the 2000 largest companies by Forbes 2000 (2014) across the globe are engaged on NAZCA.
  • These 609 companies represent aggregate revenue of $19.2 trillion, equivalent to the combined GDPs of China, Japan and Germany in 2014.
  • 385 public companies on NAZCA have total revenue of $2.86 trillion USD (revenue data from Bloomberg).
  • Hundreds of billions of USD redirected to climate: including portfolios of de-carbonization, divestment from fossil fuels, and pro-climate investments.
  • 25% of the world’s largest companies committing to address climate change.
  • About 15 % of all individual commitments include a carbon price.
  • 75 large multi-stakeholder cooperative initiatives for climate action worldwide, covering key impact areas:
    • resilience (11 initiatives),
    • less polluting transportation (11),
    • renewable development (9),
    • increasing energy efficiency (8),
    • forest protection (6),
    • subnational local action (6),
    • business and innovation (7),
    • agriculture (5),
    • financial mobilisation (5),
    • climate friendly building (3),
    • short term pollutants (4).

 

Examples of private financial sector announcements

  • The G7 announced that it would contribute finance to the G7 InsuResilience Initiative which focuses on regional risk management and insurance pools to provide access to insurance services for 400 million people over the next five years in the most vulnerable countries. So far, Germany has commited EUR 150 million.
  • Montreal Carbon Pledge: nearly 120 investors representing US$10 trillion committed to portfolio carbon footprinting.
  • Portfolio Decarbonization Coalition: 20 investors, representing US$3.2 trillion, committing to decarbonization of US$600 billion in assets.
  • CDC CEO, Pierre Rene Lamas: committed to decarbonising 55 billion euros by 20% by 2020; by 2016 CDC will have no shares in companies with over 20% stakes in coal and joined the Portfolio Decarbonization Coalition
  • The insurance industry, ICMIF, launched a new initiative on microfinance called “555” covering 5 million households, in 5 countries over 5 years.
  • Credit Agricole SA committed 2 billion euros into green bonds by 2017 and over the next 3 years, the bank will put 60 billion euros into new financing in climate change and double financing in renewable energy.
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