Bonn Climate Meet

Bonn Climate Meet

• Delegates to the Paris Agreement met in Bonn, Germany, paving the way to some key decisions for the UN Climate Conference (COP 28) in Dubai in 2023

Key Highlights of Bonn Climate Meet

• Global Stocktake
  • Technical discussions were held on the Global Stocktake (GST), producing a short Framework on the elements to be included in the stocktake exercise.
  • GST is a process mandated by the 2015 Paris Agreement, which is an exercise to assess progress in combating Climate Change and determines ways to strengthen global efforts to address the gap in adequacy.
• Advancing Post-2030 Ambition:
• Funding Arrangements for Loss and Damage:
  • Discussions focused on implementing balanced funding arrangements to address Loss and Damage (L&D) caused by climate change, particularly for vulnerable communities.
• Climate Finance Alignment:
  • The EU emphasizes the need to align global financial flows with the goals of the Paris Agreement.
  • This includes examining the pool of donors and ensuring that the scale of financial support matches the requirements to address the climate crisis.
• Urgency of Adaptation:
  • Developed countries, including the EU, acknowledge the urgency of addressing adaptation needs.

Practice Questions for Prelims

Bonn convention is related to:
a) Migratory Species
b) Chemical Weapons
c) Pollution
d) Conservation of soil

Ans. a)

Mains Practice Question

Mention the New Collective Quantified Goal’s guiding principles for climate funding. Additionally, demonstrate how climate financing initiatives will help achieve the Paris Agreement’s long-term objectives.

Chetan Bharat Learning is the best institute in Chandigarh for UPSC IAS ,PCS preparation. To know more about Chetan Bharat Learning’s Online & Classroom Courses, click on the following links: