Learn bits
Ecology & Environment
Mahesh

26/12/23 07:39 AM IST

Global Goal on Adaptation (GGA)

In News
  • Implementing GGA needs more urgency in terms of treating adaptation on a par with mitigation in the face of extreme climate events.
Challenges in GGA implementation
  • The framework of the GGA is expected to influence what type of adaptation action will be prioritised.
  • A main target in the GGA includes the Parties to the Paris Agreement having “conducted up-to-date assessments of climate hazards, climate change impacts and exposure to risks and vulnerabilities and have[ing] used the outcomes of these assessments to inform their formulation of national adaptation plans, policy instruments, and planning processes and/or strategies”, by 2030.
  • By 2027, all the Parties have to establish multi-hazard early warning systems, climate information services for risk reduction and systematic observation to support improved climate-related data, information and services.
  • A significant point remains to be answered whether it will advance adaptation.
  • A comprehensive review of experiences from the Millennium Development Goals found that globally agreed goals do not trickle down easily from the global to the national level.
  • National conditions, including administrative capacity and economic development, were identified alongside adequate support as key influencing factors for the implementation of a global goal.
About GGA
  • The GGA framework has taken an important decision to launch a two-year work programme on indicators for measuring progress achieved towards the targets mentioned in paragraphs 9-10 of the GGA draft decisions (FCCC/PA/CMA/2023/L.18).
  • The COP26’s urge to developed countries to double overall adaptation finance from 2019 levels by 2025 was repeated in the Draft Decision.
  • Estimation made on the basis of updated NDCs or national adaptation plans indicate a figure of $71 billion per year from now to 2030.
  • The Organisation for Economic Co-operation and Development countries have already admitted that their combined mitigation and adaptation finance flows fell short of the annual $100 billion to $83.3 billion in 2020.
Climate Financing
  • Climate change regime has been largely mitigation centric; rich countries do not gain much as the benefits of adaptation are local, and mitigation projects generate benefits globally and the availability of low-cost mitigation options in developing countries.
  • Self-reporting made by finance providers indicates there has been a trend of increasing international adaptation finance to developing countries in recent years, reaching $28.6 billion in 2020, but the share of adaptation in total climate finance to developing countries was 34% in 2020, still far behind mitigation finance (Adaptation Gap Report, 2022).
  • The GGA is an encouraging development as it contains a number of developments that are very useful for the cause of adaptation.
  • But it still falls woefully short in terms of treating adaptation on a par with mitigation as it lays stress on holding the increase in the global average temperature well below 2° C and 1.5° C essential for ensuring the continued availability of the largest number of adaptation options, and also adds greater levels of mitigation that will reduce the need for additional adaptation efforts.
Source- The Hindu

More Related Current Affairs View All

05 May

Key objectives of caste count

'The Union Cabinet has decided that the next Census will include questions on caste to its enumeration of India’s population, for the first time in almost a century. ' T

Read More

05 May

2 new genome-edited rice varieties

'Agriculture Minister Shivraj Singh Chouhan recently released two genome-edited varieties of rice, the first achievement of its kind in the country.' These two varieties, which

Read More

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps