General Studies Paper – 3
Context:
- COP28 marked a pivotal shift in prioritizing global adaptation efforts through the adoption of the Global Goal on Adaptation (GGA).
- Challenges include measuring progress, disparities in climate financing, and GGA’s limitations in treating adaptation equally with mitigation.
COP28 and Global Goal on Adaptation (GGA):
- COP28 marked a shift in addressing the lackadaisical approach to adaptation concerns in climate change.
- Adoption of the framework for Global Goal on Adaptation (GGA) aimed at prioritizing adaptation efforts globally.
Challenges in GGA Implementation:
- GGA framework sets targets for assessing climate hazards, risks, and vulnerabilities by 2030.
- Questions arise about the influence of the framework on prioritizing adaptation actions and its potential effectiveness.
Measuring GGA Progress:
- Adaptation lacks a universal metric, making progress assessment complex.
- The GGA framework initiates a two-year work program on indicators but lacks details on development and implementation.
Climate Financing Disparities:
- COP28 Draft Decision expresses concern about the widening adaptation finance gap.
- Mitigation bias in climate financing persists, with a 95:5 split favoring mitigation over adaptation.
- Developed countries fall short of the annual $100 billion climate finance commitment, with a gap highlighted.
Bias in Climate Financing:
- Climate financing favors mitigation due to the regime’s historical emphasis on it.
- Rich countries benefit less from adaptation, which has local benefits, compared to the global benefits of mitigation projects.
GGA’s Impact and Limitations:
- GGA is a positive step but falls short in treating adaptation equally with mitigation.
- Emphasis on temperature control and mitigation levels challenges the parity of adaptation efforts.
- GGA’s encouraging aspects contrast with the persisting bias and challenges in climate financing.
Conclusion:
- COP28’s focus on adaptation and the GGA framework signifies progress but requires addressing disparities in financing and ensuring effective implementation for global climate resilience.