Forética is participating during this week in the CONAMA 2016the National Environmental Congress. The presentation of the initiatives carried out this year by the group of companies linked to the Climate Change Cluster Forética's Climate Change Cluster, the session that we have led on Carbon Pricing or others on biodiversity from a business perspective or the discussion on the future climate change law have been our main contributions.
Since the inauguration of CONAMA, the progress made at the Marrakech summit has been discussed and we would like to share with you the vision that the WBCSD has shared with us. WBCSD (World Business Council for Sustainable Development), a business organization of reference in sustainability of which Foretica is the national partner for Spain.
According to the WBCSD, the COP22 negotiations ended in Marrakech with a clear message: the transition to a low-carbon economy is irreversible and countries, businesses, investors and local governments are moving forward with the implementation of the Paris Agreement.
In fact, the Paris Agreement has been ratified by 111 countries, making it one of the fastest ratification processes in the history of climate negotiations. The positive momentum continued during the COP, and on November 17 the Marrakech Proclamation for Action was adopted on November 17..
The Proclamation reaffirms the commitment of developed countries to mobilize $100 billion per year by 2020 and is supported by the new COP decision to Long-Term Climate Finance and the decision of the CMA1 on the Adaptation Fund.
These global partnerships send long-term political and economic signals that encourage companies to invest more confidently in the low-carbon economy.
Obviously, one of the most discussed topics in Marrakech was the increased uncertainty following the U.S. elections. During the COP, more than 300 U.S. CEOs wrote an open letter to the U.S. President-elect, reaffirming their commitment to address climate change through the implementation of the Paris Agreement.
In addition, the countries represented in Marrakech made progress on a number of key global and regional climate policy partnerships:
- The United States, Germany, Canada, Canada and Mexico have drawn up their first long-term plans with a 2050 horizon.
- At COP22, the 2050 Pathways Platform (2050 Pathways Platform) was launched at COP22 with more than 20 countries, 15 cities, 17 states and regions and 196 companies.
- China reaffirmed its commitment to address climate change and launched its "10, 100, 1000" South-South Cooperation Initiative.
- 48 countries of the Vulnerable Forum for Climate pledged to increase their Nationally Determined Contributions (NDCs) by 2020 and use 100% renewable energy, highlighting the economic benefits and opportunities of achieving the 1.5°C target. - a 10% increase in global 10% increase in global GDP compared to current NDCs by 2050.
- The NDC Partnership NDC Partnership (NDC Partnership), a new coalition of developing and developed countries and international institutions working together, was launched.
- The Africa Renewable Energy Initiative (AREI) is moving ahead with its ambitious initiative to is moving forward with its ambitious initiative to deliver 300GW of renewable energy generation capacity by 2030.