By Nneka Nwogwugwu
Mahmoud Mohieldin, Egypt’s UN Climate Change High Level Champion has said that global climate finance flows in FY2019/2020 reached $632bn, and only 35bn of that came from Latin America and Caribbean.
Mohieldin also said that non-state actors (NSAs) play a vital role in implementing the Paris Agreement’s Global Stocktake (GST) by highlighting opportunities for implementation and enhancing climate action and international cooperation that help domestic policy makers and non-party stakeholders to achieve climate goals.
He said this over the weekend during the activities of the Latin America and Caribbean Climate Week (LACCW) that was hosted by the Dominican Republic.
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Mohieldin added that NSAs can break down silos, unify efforts of different parties that participate in climate action, and offer practical systemic and sectoral solutions, beside incorporating regional and national perspectives of climate projects, especially in developing countries.
He confirmed the commitment of UN High Level Climate Action Champions (HLCs) to contribute to the GST, which aims to make the Paris Agreement applicable in different communities and countries.
Mohieldin added, in this context, that HLCs aim to enhance regional cooperation in a way that helps delivering the needs of developing countries to achieve climate goals, convene non-party stakeholders to crystalise the sectoral opportunities that can help domestic policymakers in each community to achieve climate goals, alongside mobilising non-party stakeholders to participate in climate action in a collaborative framework in which all parties look forward to a better future.
“Having non-party stakeholders deliver on their pledges and work together with national governments will enable countries to come up with the most ambitious outcome for the GST,” Mohieldin said.
He also stressed the necessity of translating the signals from the GST into a clear set of messages that help ministries, domestic policymakers, and implementers to find the best solutions for implementing climate projects.
