Latest news with #UNClimateChange


Arab News
16-07-2025
- Politics
- Arab News
Brazil's moment to lead on forest conservation
With greenhouse gas emissions still rising globally and nature loss continuing apace, the Amazon rainforest is approaching a tipping point. To avert climate catastrophe, the world must make rapid and significant progress on protecting forests and building a sustainable, inclusive bioeconomy. And Brazil must lead the way, starting at this November's UN Climate Change Conference, known as COP30, in Belem. The Amazon represents one of the planet's most powerful defenses against climate change. It is more than a carbon sink; it is a reservoir of biodiversity, a regulator of rainfall across South America and a vital component of our planet's climate system. As the custodian of nearly 60 percent of the Amazon, Brazil has not only a responsibility to be a good steward, but also an opportunity to demonstrate global leadership at a pivotal moment for people and the planet. Brazil seems to recognize this. The government's renewed commitment to forest protection, under President Luiz Inacio Lula da Silva's administration, is reflected in a sharp decline in deforestation rates. But this is just the beginning. Brazil is also working to deliver the bold ideas, scalable finance and robust partnerships that the global green transformation demands. Nature-based solutions — which simultaneously advance environmental imperatives and ensure sustainable economic growth — are central to this effort. Recognizing that the preservation of existing nature produces the fastest, most cost-effective results, these solutions are typically based on three pillars: protect, restore and manage. Brazil has an opportunity to demonstrate global leadership at a pivotal moment for people and the planet Keith Tuffley To protect forests, Brazil is advancing innovative approaches, both domestically and internationally. At home, the country is helping to pioneer a jurisdictional approach, which links carbon finance to state-level action to protect forests, as part of the UN Framework Convention on Climate Change's framework for 'reducing emissions from deforestation and forest degradation in developing countries,' known as REDD+. Brazil's jurisdictional REDD+ programs reward regions for reducing deforestation, enhancing forest carbon stocks and ensuring that benefits reach indigenous peoples and local communities. The state of Tocantins is a worthy example: its forest protection program, which aims to generate high-integrity carbon credits, has been shaped by inclusive public consultations and features strong governance. An initial issuance of jurisdictional REDD+ credits is expected early next year. At the international level, Brazil has proposed a $125 billion Tropical Forest Forever Facility, which would reward developing countries with historically low rates of deforestation and compensate them for upholding good stewardship. Unlike carbon markets, which focus on verified reductions in emissions, this facility would provide predictable, long-term payments to countries based on the number of hectares conserved. These two approaches are highly complementary. Jurisdictional programs address the imperative of reducing deforestation now through performance-based finance, while the Tropical Forest Forever Facility offers the steady, long-term support that is needed to sustain those gains. Together, they correct a critical market failure: the undervaluing of standing forests. Forest protection demands rigorous oversight, transparent benefit-sharing and unwavering community engagement Keith Tuffley Forest protection is not easy: it demands rigorous oversight, transparent benefit-sharing and unwavering community engagement. But when done right, it can unlock significant climate finance, catalyze private sector participation and drive sustainable development. The Race to Belem initiative, of which I am CEO, aims to make the most of this potential by mobilizing a huge amount of private sector investment for forest protection in advance of COP30. But protection is only the first pillar. Brazil is also making strides in nature restoration and sustainable land management. It has set a number of ambitious goals, including restoring 12 million hectares of forested areas by 2030; converting 40 million hectares of degraded pastureland into productive systems for food, biofuels and high-productivity forests over the next decade; and promoting a bioeconomy that respects nature and people. The Brazil Restoration and Bioeconomy Finance Coalition, which seeks to mobilize $10 billion in private investment by 2030, underscores the growing role of the business sector in this process. Far from just another diplomatic gathering, COP30 is shaping up to be a defining moment for climate action — and, in particular, forest preservation, restoration and management. With Belem located on the edge of the Amazon, delegates will be immersed in the landscape they seek to protect. More importantly, their host will present them with a menu of proven nature-based solutions — behind which political momentum and private sector support are already building — that address the many causes of forest loss. The foundations for transformative action are already in place. The challenge will be for Brazil to build on its success in harnessing national policy, subnational action and private sector engagement to accelerate progress and spearhead a new global model of climate action. Copyright: Project Syndicate


Associated Press
09-07-2025
- Business
- Associated Press
Cascale Supports Launch of Apparel and Textile Transformation Initiative (ATTI)
Cascale was proud to join global apparel leaders in London for the official launch of the Apparel and Textile Transformation Initiative (ATTI) - a manufacturer-led, nationally grounded, and globally coordinated effort to accelerate environmental transformation across the apparel and textile sector. Convened by the International Apparel Federation (IAF) and the International Textile Manufacturers Federation (ITMF), the event drew manufacturers, brands, federations, and civil society into a unified call for bold, localized action and a rebalancing of industry systems to better support those driving production. Opening remarks from Matthijs Crietee (IAF secretary general) and Cem Altan (IAF president) laid the foundation for a day focused on structural change, while Christian Schindler (ITMF director general) emphasized that ATTI is designed not to compete with existing initiatives but to fill a critical gap; centering manufacturers in transformation efforts that have often been brand-led or fragmented. Lindita Xhaferi-Salihu, business engagement lead for global climate action at UN Climate Change, spoke to the complexity of the current moment, urging the industry to move beyond isolated efforts and toward truly collaborative models that include policy, finance, and operational stakeholders. She emphasized that the pressure cannot fall solely on sustainability teams, and that systems change demands cross-functional and cross-sector alignment. The core focus of the event was unpacking the ATTI model, which first prioritizes a needs assessments and collaborative solution design. From there, implementation can expand toward national chapters, which are to be decided. Speakers such as Miran Ali (ATTI global council, Bangladesh) and Selçuk Mehmet Kaya (İHKİB sustainability committee president) spoke candidly about the ongoing mismatch between brand expectations and manufacturer realities, citing rising demands with little corresponding support. Both emphasized the need for greater accountability from brands and a commitment to shared investment in decarbonization. From the brand side, Fernando de Bunes (Inditex's chief risk officer) and Felicity Tapsell (BESTSELLER's head of responsible sourcing) affirmed their support for ATTI's practical, country-focused structure. They stressed the importance of building transformation plans that respond to the national context and working directly with manufacturers to identify systemic barriers. Later in the program, Eva von Alvensleben, executive director of The Fashion Pact, framed ATTI as a much-needed mechanism to connect initiatives, scale impact, and ensure manufacturers have a seat at the table. She highlighted the role of coalition-building to unlock industry-wide transformation, even when the path is complex and sometimes messy. Andrew Martin, executive vice president at Cascale, highlighted the alignment between ATTI and the Industry Decarbonization Roadmap (IDR), a collaborative, industry-wide initiative to accelerate greenhouse gas (GHG) emissions reductions across the textile, apparel, and footwear value chain, aiming for a 45 percent reduction by 2030. It moves the industry from ambition to measurable action — prioritizing high-impact facilities while supporting scalable, inclusive, and commercially viable pathways to decarbonization. Initially catalyzed by Cascale and the Apparel Impact Institute (Aii), the IDR is now designed as an open, evolving platform for collective industry leadership and action. Martin described ATTI as a natural complement to the IDR's goals of supporting national transformation pathways with global coordination: 'Manufacturers know what needs to be done. What they're asking for is alignment. Not ten different targets and twenty different timelines from brands. Brand alignment came out as the top barrier in our recent polling of manufacturers at our Cascale Forum event in Ho Chi Minh City - not finance, not tech. Alignment.' He also emphasized the importance of avoiding duplication and building trust through meaningful support. 'We're bringing what we can — harmonized data, brand engagement, and credible partnerships. But this only works if manufacturers are the ones leading the agenda.' Andres Bragagnini, senior manager of strategic engagement at Aii, underscored the need for coordinated action that integrates technical solutions, financing mechanisms, and manufacturer-led planning. He outlined how ATTI complements the IDR's intent to focus action in high-impact production countries by putting solutions directly into manufacturers' hands. As the event concluded, speakers and participants agreed that ATTI represents a fresh opportunity to address climate targets through grounded, practical collaboration. With manufacturers leading, brands aligning, and organizations like Cascale and Aii providing trusted support, the industry has a clearer path to deliver on its 2030 climate goals. 'This is a dream come true,' Martin concluded. 'For years, we've been trying to connect the dots - harmonizing data, aligning with brand expectations, and localizing implementation. ATTI brings all of that together, but crucially, it puts manufacturers in the driver's seat.' Visit 3BL Media to see more multimedia and stories from Cascale


Express Tribune
27-06-2025
- Business
- Express Tribune
Countries agree on 10% UN climate budget rise
Simon Stiell, Secretary of UN Climate Change (UNFCCC), speaks during an event with the newly announced COP30 President Ambassador Andre Correa do Lago, in Brasilia, Brazil February 6, 2025. Photo REUTERS Countries agreed on Thursday to increase the UN climate body's budget by 10% for the next two years, a move the body welcomed as a commitment by governments to work together to address on climate change, with China's contribution rising. The deal, agreed by nearly 200 countries - from Japan to Saudi Arabia, to small island nations like Fiji - at UN climate negotiations in Bonn, comes despite major funding cuts at other UN agencies, triggered in part by the US slashing its contributions, and political pushback on ambitious climate policies in European countries. Countries agreed to a core budget of 81.5 million euros for the United Nations Framework Convention on Climate Change (UNFCCC) over 2026-2027, up 10% from 2024-2025. The core budget is funded by government contributions. The deal includes an increase in China's contribution, reflecting the country's economic growth. China, the world's second-biggest economy, would cover 20% of the new budget, up from 15% previously.


Arab News
26-06-2025
- Business
- Arab News
UN climate chief warns ‘lot more to do' before COP30
BONN: UN climate chief Simon Stiell urged countries on Thursday to accelerate negotiations ahead of the COP30 in Brazil as there was a lot left to be done. Speaking after two weeks of technical talks in Bonn, Stiell closed the annual climate diplomacy event saying: 'We need to go further, faster, and fairer.' Bonn is home to the UN Climate Change Secretariat, which coordinates international climate policy and hosts preparatory talks each year ahead of climate summits. 'I'm not going to sugar coat... we have a lot more to do before we meet again in Belem,' he said. COP30 is due to be held on November 10-21 in the Amazonian city which is the capital of Para state. At last year's UN COP29 summit in Azerbaijan, rich nations agreed to increase climate finance to $300 billion a year by 2035, an amount decried as woefully inadequate. Azerbaijan and Brazil, which is hosting this year's COP30 conference, have launched an initiative to reduce the shortfall, with the expectation of 'significant' contributions from international lenders. This year's COP comes as average global temperatures in the past two years have exceeded the 1.5 degrees Celsius benchmark set under the Paris climate accord a decade ago. 'There is so much more work to do to keep 1.5 alive, as science demands. We must find a way to get to the hard decisions sooner,' Stiell said. Under the Paris Agreement, wealthy developed countries — those most responsible for global warming to date — are obliged to pay climate finance to poorer nations. Other countries, most notably China, make voluntary contributions.

Straits Times
20-06-2025
- Politics
- Straits Times
Brazil to push for corporate, local government climate targets at COP30
FILE PHOTO: COP30 President Ambassador Andre Correa do Lago listens to Simon Stiell, Secretary of UN Climate Change (UNFCCC), during an event in Brasilia, Brazil February 6, 2025. REUTERS/Andressa Anholete/File Photo BRASILIA - COP30 president Brazil on Friday proposed expanding emissions reduction commitments to include pledges from companies, states, and cities, aiming to bolster global climate efforts following the U.S. withdrawal from the Paris Agreement. Brazilian diplomats preparing for the climate summit have been working closely with the U.N. to encourage countries to submit updated targets to reduce greenhouse gas emissions by September, after many missed the February deadline. The Paris accord, in which almost all nations agreed to limit warming to well below 2 degrees Celsius from pre-industrial levels, requires countries to submit such targets, known as Nationally Determined Contributions (NDCs), and update them every few years. In a letter released Friday, COP30 President Ambassador Andre Correa do Lago proposed widening the path for reducing emissions by creating a "global NDC" that would incorporate targets from various actors, not just countries, to transform the Global Stocktake - the process for reviewing Paris Agreement progress. "Our aim is to bring a new dynamic to global climate action, aligning the efforts made by businesses, civil society and all levels of government in coordinated action," Lago wrote, proposing the term "GDC," or "globally determined contribution," for the expanded initiative. While Lago did not explicitly frame the initiative as a response to U.S. policy changes, he acknowledged it would allow participation from U.S. companies and local governments that have kept their commitment to help curb climate change despite the Trump administration's formal exit from the Paris Agreement. "Our action agenda is opening up a lot of space for the U.S. side that wants to participate," Lago said, adding the proposal would also encourage countries with conservative emissions targets to be more ambitious. The Brazilian diplomat said private sector actors often move faster on climate action than governments, which are vulnerable to complex considerations such as the role of oil companies in spurring economic growth or the costs of transforming electricity grids. Dan Ioschpe, a Brazilian businessman appointed as COP30's "climate champion," said the initiative would provide clarity for non-state actors to align with Paris Agreement goals. "Not only in the United States, but in general in countries where the national government is not so involved in the issue, we are seeing governors, mayors, and the private sector extremely involved," Ioschpe said. COP30, to be hosted in the Amazonian city of Belem in November, marks the 10th anniversary of the Paris accord. REUTERS Find out more about climate change and how it could affect you on the ST microsite here.