Harald Friedl

What does the Trump victory in the US mean for #climateaction globally? That's up to the rest of us to decide now. My advice: Let's fight even harder, and smarter! In another valuable contribution, Carbon Brief asked scientists. Most call for other countries and non-state actors to step in and step up. And of course they are right. It is easy to despair right now, for scientists and activists (this one included). What makes things particularly difficult is the fact that those most affected are those least #responsible. But giving up is simply not an option. Too much is at stake. For all species. Lets abuse Trump's win to turbocharge #action everywhere else. However: Important now is to REALLY step up the fight - and to realise that more of the same will not get us anywhere near our targets in the time. Particularly with Trump in the white house. One key step-up opportunity is the #border - and with it, a focus on consumption-based emissions. The Trump administration has already announced how they plan to fight with #tariffs. Let's give them that fight by adjusting for GHG. The EU has provided the groundwork with #cbam. Others can and must go further. The right implementation will strengthen developing countries as the pricing of consumption-based emissions by rich importing nations will create the mechanism needed to #finance the global transition. Let's start tomorrow, at #cop29 and everywhere else. #wto #climate #policy #advocacy #borderadjustment #emissionpricing #climateincentive https://lnkd.in/dhzKwEeF

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$250 billion per year in #ClimateFinance by 2035 as proposed in the latest #COP29Baku draft is woefully inadequate. The #Adaptation Gap Report shows $400 billion is needed annually just for adaptation alone. This shortfall jeopardise our planet’s future. The draft also Invites developing country parties to make additional contributions. The world deserves real ambition, not diluted responsibility.

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As #COP16 approaches, don’t miss these two great pieces by Ruth Davis #KMGBF #naturefinance published by @TESSForum on: 👉 The Transition to an Economy That Values Nature, in a policy brief: https://bit.ly/4eBkuJu 👉 Reforming Financial Systems & the Transition to an Economy That Values Nature, in our Synergies series: https://bit.ly/3TMl3Ib Together, she highlights: ➡️ why the value of healthy ecosystems & a thriving #biodiversity is not reflected in investment decisions due to sustained market failure ➡️ why fundamental reforms are needed to tilt financial incentives away from nature's destruction towards its protection & restoration ➡️ why the future landscape for #naturefinance needs to be shaped by those who are on the front line of #nature protection https://bit.ly/4eBkuJu

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The COP29 Presidency outlines key strategic priorities for 2024 to enhance climate ambition and enable action - in solidarity for a green world - with a focus on : - Climate finance: getting an agreement on the The New Collective Quantified Goal on Climate Finance (NCQG) - NDCs: mobilizing all Parties to submit new Nationally Determined Contributions and climate action plans that match the level of ambition agreed in Paris. See also the timelines with the Heads of States and Leaders Summit taking place from November 11th to 13th and the finance day on the 14th of November 2024.

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We are rapidly approaching the deadline for the #ParisAgreement, yet progress remains far from sufficient. This year's COP will be crucial for shaping future discussions on #climateaction, particularly in the realm of finance. Especially the topics such as new climate finance goals, the current international financial framework, and strategies for designing Nationally Determined Contributions (#NDC) that facilitate investment in climate-resilient infrastructure. Having recently participated in the Petersberg Climate Dialogue (PCD), I had the privilege to shared Indonesia's perspective on how the Ministry of Finance can play a proactive role in supporting the development, financing, and implementation of NDCs. It is disheartening to note that only 29% of respondents in a 2021 survey conducted by Coalition of Finance Ministers for Climate Action reported actively contributing to NDC development in their countries. I shared the stage with other prominent speakers including, HE Svenja Schulze, HE Marina Silva (Minister of the Environment and Climate Change, Brazil), Amar Bhattacharya and Warren Evans. The discussion at the PCD also brought to light contrasting views on the responsibilities of developed versus developing countries in financing climate action. While emerging nations advocate for greater support from historical emitters, developed countries hold a different perspective on this crucial issue. I am proud to stand in solidarity with other developing nations in advocating for a fair and inclusive approach to designing the new climate finance goals. It is imperative that the specific needs and priorities of developing countries, such as the imperative for a #justtransition, are taken into consideration in these discussions. Addressing the $1.6 trillion investment gap required to shift from brown to green energy is essential for achieving sustainable growth and climate resilience. Indonesia is committed to leading by example in mobilizing transition financing through initiatives like the Just Energy Transition Partnership (JETP) and the Energy Transition Mechanism (ETM) Country Platform. Additionally, we are actively updating our Indonesia Taxonomy for Sustainable Financing and supporting the development of the ASEAN Taxonomy for Sustainable Finance Version 2 to promote transition activities. On a global scale, Indonesia is playing a significant role in various climate forums as the Co-chair of CFMCA and actively participating in the #G20 Sustainable Finance Working Group and G20 TF-CLIMA. As we navigate the complex challenges of #climatefinance, cooperation and collaboration among nations will be paramount in achieving our shared #climategoals.

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🌍 We are excited to share insights from the brand new "Transition Indicators" report by Climate Strategies! As decision-makers gather at the Bonn #Climate_Change_Conference, new research highlights the importance of #Transition_Indicators. These indicators articulate positive outcomes, facilitate dialogue, guide policy implementation, and enhance investment frameworks. 🌱 Dive into UCL's Bipashyee Ghosh's case study on page 51, focusing on water security in India. This study highlights the importance of innovative transition indicators in addressing water scarcity and promoting climate resilience. 💧 Explore the full report below: 🔗 https://buff.ly/3Kt3Tu3 #ClimateAction #TransitionIndicators #WaterSecurity #Sustainability

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https://lnkd.in/dwDegqbG Have you ever wondered how different tales within capitalism shape economic development? In our previous Perspective, "The Chilean Experiment: Shock Therapy and Modern Applications—A Return to Basics," we explored Chile's economic development history as a notable example of Neoclassical Economics. In this latest episode, attention is directed toward a contrasting chronicle within capitalism: an Egalitarian Economic success story and a model of the Developmental State. “South Korea: The Miracle on the Han River & Alternative Futures (1953-1997)” examines South Korea's remarkable developmental success story. This comprehensive examination explores the interplay of cultural factors, social elements, and leadership dynamics that contributed to this economic miracle. 1)     How can South Korea’s model be adapted to address economic disparities globally? 2)     Do you believe cultural, heritage, and social factors are as pivotal as economic policies in a nation's development? 3)     How might the Developmental State Model be applied to other economies? This perspective series was launched as part of the Future of Global, Regional, and National Development Plans (GRAND). Please read the complete analysis by clicking the link below and share your thoughts! Visit our website to read the complete analysis: https://lnkd.in/dwDegqbG #GlobalEconomy #EconomicTheory #EconomicDevelopment #NationalEconomicDevelopment #GlobalEconomicSecurity #EconomicSystems #Capitalism #EgalitarianEconomics #StateDevlopmnetModel #GovernmentRegulation

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This new paper by Kristian Steensen Nielsen and colleagues highlights the degree to which people underestimate variations in carbon consumption and that affects support for climate policies. https://lnkd.in/efyf7W7u

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We need to move beyond the simple concept of "sustainability" towards a regenerative, nature-positive model of development. This has profound implications for private sector development and business environment reform. While market-based solutions offer the most tangible and immediately feasible mechanisms within market economies, more than these are needed. #privatesectordevelopment #businessenvironmentreform #naturebasedsolutions #SME #innovation

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𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲: 𝗦𝗜𝗗𝗦 𝗖𝗮𝗹𝗹 𝗳𝗼𝗿 𝗕𝗼𝗹𝗱 𝗔𝗰𝘁𝗶𝗼𝗻 𝗮𝘁 𝗙𝗳𝗗𝟰 The co-facilitators for #FfD4 released their #ElementsPaper on 22 November 2024. It lays out an ambitious roadmap for negotiations starting next week in New York. But Small Island Developing States (#SIDS) hoped for sharper focus on #financing #climate #adaptation and #mitigation. SIDS have championed bold ideas to align financing with #climate #resilience and growth. At the heart of their call is debt forgiveness tied to climate resilience. This approach links debt relief to measurable progress in actions like #renewable #energy, ecosystem restoration, or climate adaptation infrastructure. For SIDS, battling climate crises and mounting debt, this is not just an idea—it’s a potential game-changer. More than 40% of SIDS are nearing or already in debt distress. Many spend more on repaying debt than adapting to climate impacts. Debt forgiveness tied to climate actions would free up resources for investment in their futures. The Elements Paper nods to swaps and climate-resilient clauses. But it stops short of proposing clear pathways for #debt #forgiveness. SIDS have also pushed for simplified debt-for-climate swaps to reduce costs and make these tools accessible. Another priority is blue and green bonds tailored for SIDS. These instruments could fund sustainable projects while attracting global investment. FfD4 must do more than acknowledge SIDS challenges. It must offer bold, actionable solutions. Unlocking resilient prosperity is not charity—it’s the promise of a sustainable future.

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Great to see much coverage of #CBD 🪴 #COP16, which kicks off in Cali, Colombia today. Achieving 30% protected areas by 2030 is an important target, including for communicating the importance of biodiversity, and is dear to my heart. But there are 22 other important targets, all crucial for protecting biodiversity (and us): 1️⃣ Plan and Manage all Areas To Reduce Biodiversity Loss 🗺️ 2️⃣ Restore 30% of all Degraded Ecosystems 🆘 3️⃣ Conserve 30% of Land, Waters and Seas 🌊 4️⃣ Halt Species Extinction, Protect Genetic Diversity, and Manage Human-Wildlife Conflicts 🐦 5️⃣ Ensure Sustainable, Safe & Legal Harvesting and Trade of Wild Species 🐘 6️⃣ Reduce the Introduction of Invasive Alien Species by 50% and Minimize Their Impact 🐀 7️⃣ Reduce Pollution to Levels That Are Not Harmful to Biodiversity 🚮 8️⃣ Minimize the Impacts of Climate Change on Biodiversity and Build Resilience 🌡️ 9️⃣ Manage Wild Species Sustainably To Benefit People 🫂 1️⃣ 0️⃣  Enhance Biodiversity and Sustainability in Agriculture, Aquaculture, Fisheries, and Forestry 🧑‍🌾 🎣 🪓 1️⃣ 1️⃣ Restore, Maintain and Enhance Nature’s Contributions to People 🌎 1️⃣ 2️⃣ Enhance Green Spaces and Urban Planning for Human Well-Being and Biodiversity 🌳 1️⃣ 3️⃣ Increase the Sharing of Benefits From Genetic Resources, Digital Sequence Information and Traditional Knowledge 🧬 1️⃣ 4️⃣ Integrate Biodiversity in Decision-Making at Every Level 🏦 1️⃣ 5️⃣ Businesses Assess, Disclose and Reduce Biodiversity-Related Risks and Negative Impacts 🏗️ 1️⃣ 6️⃣ Enable Sustainable Consumption Choices To Reduce Waste and Overconsumption 🍽️ 1️⃣ 7️⃣ Strengthen Biosafety and Distribute the Benefits of Biotechnology ☣️ 1️⃣ 8️⃣ Reduce Harmful Incentives by at Least $500 Billion per Year, and Scale Up Positive Incentives for Biodiversity 💰 1️⃣ 9️⃣ Mobilize $200 Billion per Year for Biodiversity From all Sources, Including $30 Billion Through International Finance 💵 2️⃣ 0️⃣ Strengthen Capacity-Building, Technology Transfer, and Scientific and Technical Cooperation for Biodiversity 🤝 2️⃣ 1️⃣ Ensure That Knowledge Is Available and Accessible To Guide Biodiversity Action 👩‍🏫 2️⃣ 2️⃣ Ensure Participation in Decision-Making and Access to Justice and Information Related to Biodiversity for all ⚖️ 2️⃣ 3️⃣ Ensure Gender Equality and a Gender-Responsive Approach for Biodiversity Action ♀️ More details from UN Biodiversity: https://lnkd.in/eP6MuhUr

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Storytelling for the Planet: The Importance of Storytelling for Climate Action Climate change is a complex issue with no easy solutions. In order to create the change we need, we need to be able to communicate the urgency of the issue in a way that resonates with people. Storytelling is one of the most powerful ways to do this. Stories can help us connect with people on an emotional level, and they can help us make sense of complex issues. When we hear a story about the impact of climate change on a real person or community, it can be more difficult to ignore the problem. Stories can also inspire us to take action, and they can help us to see the possibilities for a better future. Here are some things I do when preparing for a presentation that is climate-related:  1. Create a Venn diagram of the speaker request, my expertise, and audience interests. This helps me identify the key points that I want to make the presentation, and how to best tailor my message to the audience. 2. Identify a few stories that convey my main message. Stories are a powerful way to connect with the audience and make your message memorable. I try to choose a story that is personal, relatable, and illustrative of a specific impact of climate change. 3. Draft my remarks and practice them aloud, practice! The more I practice my presentation, the more comfortable I’ll feel delivering it. This also allows me, upon delivery and in the moment, to make adjustments and respond to the audience. Storytelling is something that I’m working on. I recently read Kindra Hall's book Stories that Stick, and I found it to be very helpful. Hall argues that the most effective and memorable stories are those that are simple, relatable, and emotional. I agree with Hall that stories are a powerful way to communicate and I’m excited to incorporate more storytelling into my own work. I believe storytelling is essential for motivating climate solutions and actions. Stories can help us to connect with each other, understand the impacts of climate change, and they can inspire us to take action to protect our planet. I encourage you to share your stories with others. Together, we can create a better future for our planet 🌎

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Yes it's clear, and it's sad. And it has been for far too long. The key question is: Now what? Publishing another report, or making this one interactive? Flying to the 29th COP, staying up all night thinking you'd save the word if 'phasing down' is replaced with 'phasing out' in the final text? Excitement about Article 6.4, the voluntary pledges of non-state actors, another x% growth in green bonds or an extra boost to impact investment? Obviously, really obviously, not. Only a fundamental shift in the approach to address this tragedy bears any chance of success. This must entail a systemic shift from voluntary to mandatory, and from unanimous to majority at UNFCCC. For the willing nations it must include a meaningful price on all emission, in all sectors, adjustment at the border, and sanctions if measures aren't put in place by others. And in addition to all that, given there ain't a minute left to spare, there must be bans on all new fossil investments. To anyone who may think this sounds 'radical', 'extreme', or 'unrealistic'...think again. At this stage it's non-action that's 'radical', the weather that is 'extreme', and the real world we are living a bloody frightening prequel to the Ministry for the Future! 😓

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To guide investors and financial institutions on investing in high-integrity #NaturalClimateSolutions, the Natural Climate Solutions Alliance — in collaboration with the ERM Sustainability Institute, ERM, WBCSD – World Business Council for Sustainable Development, and Forest Investor Club — has developed essential how-to guidance. This resource outlines key stages of the investment process, offering insights on evaluating NCS investment integrity, structure, and due diligence. Read: https://lnkd.in/edb3sCrk

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Every respected institution working on #JustTransition must have a toolkit or a toolbox in its portfolio 😉. Climate Strategies has just joined this Club 😊.  Even though the first sentence was predominantly meant to amuse you and is obviously not entirely true, toolkits/toolboxes are important products meant to organise and synthesise the vast amount of knowledge generated in that space. Our Just Transitions Toolkit: A Policymaker’s Guide to Inclusive Planning is very strongly anchored in research across various projects and targets policy and decision-makers across all levels of the government. It is the challenge of how to effectively incorporate #JustTransition into policy processes which this publication intends to address. Our toolkit is divided into four sets of challenges🚨and solutions (recommendations)💡:    🚨 Institutional and Administrative Capacity Gaps  💡Strengthening capacity at multiple levels (local, national, and international), as well as across key stakeholders    🚨 Structural Labour Market Challenges  💡Addressing Labour Market Vulnerabilities    🚨Limited Financing for Inclusive Transitions  💡Explore alternative approaches to finance for increasing ambition and implementation of JTs    🚨JTs not implemented as cross-sectoral holistic approach  💡Embedding a holistic cross-sectoral and cross-ministerial approach to JTs into government planning & Enabling inclusive and participatory decision-making processes and stakeholder engagement & Leveraging international cooperation to support collective action, overcome barriers to implementation and strengthen political will    The toolkit captures the body of work across our 4 projects: South to South Just Transitions (S2S), Coal Regions in Transition (CRIT), Oil & Gas Transitions (OGT) in the North Sea, and International Public Climate Finance Project (SNAPFI). https://lnkd.in/eJDrCfnE Happy reading and please share any feedback, especially on how useful our insights have been! Climate Emergency Collaboration Group Ana Paola González Alonso

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Climate finance by multilateral development banks hits historic record in 2023 - Amount for low-and middle-income economies was $74.7 billion, including $24.7 billion for climate change adaptation - The amount of mobilized private finance for this group of countries stood at $28.5 billion. - MDBs offered record $125 billion last year for climate action worldwide - In 2023, Inter-American Development Bank climate finance to Latin American and Caribbean countries totalled $7.5 billion, consisting of $6.1 billion to the public sector from IDB, $1.5 billion through IDB Invest total commitments of own-account long-term finance, and $25 million for innovative projects from the IDB Lab https://lnkd.in/eeuNmUJz

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The Art of Storytelling in a simplified and very understandable language based on the Audience works Miracles and it Focuses on enhancing #LocallyLedApproach in Matters #ClimateChange and #Energy We need to think about the #Nexus between these different areas and their impact to #Livelihoods. What Sustainable Energy Access Forum Kenya (SEAF-K) is doing is enhancing the presence of #CivilSocietyOrganizations in amplifying the #JustTransition and improved #Livelihoods. LCOY-KENYA KENYA PLATFORM FOR CLIMATE GOVERNANCE Antony Alfred Kamau omenyi brian AGNES Africa

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