CSO demand a clear & meaningful framework on NCQG based on the Equity and JusticeDeveloped countries must declare 1.3 trillion climate financing under NCQG

From the ongoing CoP 29 Global Climate Conference in Baku, leaders of South Asian civil society gathered in a press conference and demanded a clear framework and structure on NCQG [New Collective and Quantified Goal on Finance] based on the equity and justice that enshrined in the Article 9.1 of Paris Agreement [PA].

They also advised the developed countries not to leave Baku [Conference Centre] without giving a concrete and measurable financial declaration and finalizing the framework in CoP29. 

The press conference, titled "LDCs & MVC Peoples Expectations and CoP 29," took place at the CoP 29 climate conference center in Baku.

Representatives from various Civil Society Organizations (CSOs) including Mr. Shailendra Yashwant Kharat from CANSA [Climate Action Network, South Asia], India, Dr. Abid Suleri, Executive Director, SDPI-Pakistan, Dr. Arjun Karki, Nepal, and Mr. Sharif Jamil from Bangladesh along with many others participated and shared the issues.

The event was moderated by Aminul Hoque from EquityBD, Bangladesh.

In moderation, Aminul Hoque criticized the developed countries, and their ally CoP presidency failed explicitly in making a clear statement for transition away from fossil fuels and this condition removed from the final draft text pressurized by big emitters. Secondly, they also deceived and contempt up the LDC, MVC and developing countries giving an obscure framework without ensuring a measurable and meaningful financial support for NCQG. Developed countries kept all the LDC and MVCs issues under the “bracket” and “options” in draft decision text which is against the principal of equity & justice he criticized.

He demands a promise from big emitters to produce new NDCs in line with limiting warming to 1.5C, ahead the year 2025 and a measurable declaration contain 1.5 trillion USD as minimum financial need for fighting climate crisis.

Shailendra accused developed leaders have stark failure showing Paris Agreement in respect and insult the global north showing a No Deal agreement. Their rehashed rhetoric offers not a supportive for CoP-29 negotiations. We are seeing a deadlock due to unsolved much more contradictory issues like investment opportunity, partnership and enhance domestic resource mobilization” in the negotiation shifting all responsibilities to developing countries.

He said that there are no more excuses for global north in Baku. As we are heading in the edge of negotiation of COP-29, against all odds, developed countries must be ambitious and deliver required climate finance 1.3 trillion based on the article 9.1 of PA to enable climate action for developing world following justice.

Dr. Abid Suleri said, there are hardly output we seen on mitigation ambition and its related work program and tried to imposed condition in the name of setting target and forceful carbon trading options etc. in the draft text, those will undermine our demands in fact and put countries in vicious circle of Debt trap. We demand the definition of vulnerability and propose to invite and engage the IPCC experts [Intergovernmental Panel on Climate Change] to best alignment with 1.5-degree goal and its related work with the revision of NDC and subsequent global stocktakes ahead CoP-30.

Sharif Jamil said, we are very much tired and impatient and outright rejects this meaningless deal. CoP 29 is going to end without any significant pledge for vulnerable & displaced people and reparation that unexcepted. We demand adequate finance but come through reparation & compensation along with non-debt instrument.

Mr. Arjun Karki concerned the negotiations on the Global Goal on Adaptation (GGA) were also stuck due to unwillingness of developed countries to provide finance as well as a lack of clarity on indicators for measuring progress. Adaptation is our lifeline of MVCs and how to close the huge gap between adaptation funding and needs and we are worried.

He called developed countries to triple, don't double of adaptation funding by 2025.