We use cookies to help give you the best experience on our website. By continuing, we assume you agree to this.

Find out more

Association for International Affairs

Select ongoing project:

Close

Talk Is Cheap At Finance COP29: And Where Does Czechia Fit In?

Romana J. Březovská Romana J. Březovská / Ed. 1. 11. 2024
Talk Is Cheap At Finance COP29: And Where Does Czechia Fit In?

The policy paper „Talk is Cheap at Finance COP29: And Where Does Czechia Fit In?“ aims to provide an overview of the upcoming climate negotiations, focusing predominantly on the new collective quantified goal (NCQG) on climate finance. Simultaneously, it presents several thematic avenues via which Czechia, also as an EU Member State, can contribute to the collective efforts of achieving Paris Agreement goals, translating the global ambitions into concrete domestic and foreign policy climate actions.

In the policy paper’s first part, we zoom in on the UNFCCC COP29 Azeri Presidency and its priorities, shed light on the COP28 outcomes and on the unsatisfactory global climate progress to meet the energy goals set at COP28, and also on the necessity for Parties to submit ambitious Nationally Determined Contributions (by February 2025).

Also, in light of the yet to be negotiated NCQG and the understanding that finance is a key enabler for climate action, thematic areas of contention are presented and contextualised among lessons learned from the negotiations on finance.  It is necessary to examine past experience to rebuild trust and restore confidence in the multilateral process as the financial goal of mobilising USD 100 bn per year for developing states has not been sustainably achieved and as it should be replaced by the new goal.

The second part of the paper focuses on diverse entry points and domestic opportunities linked to the implementation of global climate goals relevant to the context of the COP29. In terms of climate finance, three clusters are analysed:

1) international support for climate action,
2) private finance mobilisation and provision for climate action, and
3) domestic efforts by all Parties.

For all three clusters, recommendations are provided on how Czechia can not only constructively contribute to global negotiations but walk the talk at home.

Lastly, we explore areas such as energy security, UN Security Council Candidacy, business and trade, gender (in)equity, and young people’s participation which represent under-researched avenues for Czech climate action. By stressing various topical entry points of discussion and action, the aim is to present to relevant actors, who range from the usual suspects to those more under the radar, with the information they need in order to play their part in strengthening the chain of climate accountability.

POLICY PAPER Download

Talk Is Cheap At Finance COP29: And Where Does Czechia Fit In?
Romana J. Březovská, Michal Novotný, Barbora Kvasničková Download
Tags
Tags
environment 49
international security 291
Did you like the article? Let us know!
Sent, thank you.
Any other thoughts? Here s tím!
  • Fill out all fields, please. Fill in highlighted items please Error. Contact the administrator.
Subscribe to our newsletter