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By Fabio López Alfaro y Luisa Gaona Quiroga, AIDA interns

The first installment of the Intergovernmental Panel on Climate Change’s (IPCC) Sixth Assessment Report—which will be completed in 2022—devotes an unprecedented entire chapter to short-lived climate pollutants (SLCPs), the reduction of which can mitigate the climate crisis and improve air quality.

The IPCC's emphasis on these pollutants reaffirms the intrinsic relationship between climate and air, as well as the urgent need to implement effective and joint measures for their protection.

SLCPs are compounds that absorb or reflect solar energy. They have the capacity to heat or cool the Earth on short time scales (days to years), in contrast to greenhouse gases, such as carbon dioxide, whose climate impact can last decades, centuries or even longer.

The best-known SLCPs include black carbon (small particles produced by burning diesel, biofuels and biomass), methane (which has a high global warming effect and is a precursor of other pollutants), tropospheric ozone and hydrofluorocarbons.

Because they remain in the atmosphere for only short periods of time, their impacts on climate are regional and their changes are linked to changes in their emission sources.

Although some SLCPs warm the planet and others cool it, the fact is that these pollutants cause between 30 and 45 percent of global warming, in addition to damaging air quality and affecting crop yields.

Therefore, their integral management is decisive for mitigating the climate crisis and improving our quality of life.

The situation in Latin America

In this IPCC assessment cycle, the availability of information made it possible to emphasize the regional analysis of climate change, illustrating the relevance of SLCPs, whose impacts on climate and air are primarily local.

However, the findings for Latin America are minor compared to those of Europe, Asia or North America, evidencing a lag in the region's knowledge.

Closing this knowledge gap on SLCPs is fundamental because the region ranks third in terms of short-term (10 year) warming generation, surpassed by East Asia and North America.

Despite having less information, the IPCC was able to identify the key sectors and pollutants to manage in Latin America. The report highlights that mitigation policies should focus on particulate matter and ozone generated in industry, energy production and open burning of biomass, sectors that are regionally responsible for the highest emissions.

As the diameter of the particulate matter decreases, the negative health impacts are greater. Thus, fine particles— of particulate matter 2.5—cause the most harmful impacts on people's respiratory and cardiovascular systems. According to the World Health Organization, black carbon and organic carbon form a substantial part of particulate matter in air pollution, and are an important cause of morbidity and premature mortality worldwide.

Moreover, methane and black carbon are the primary pollutants of concern in agriculture, fossil fuels, waste management and diesel engines, sectors that are projected to contribute 90 percent of non-OECD countries' black carbon emissions by 2100.

Call to action

The scientific evidence presented by the IPCC is also a call to action, a joint fight for climate and air.

The report proves that it is vital to have crosscutting public policies that simultaneously seek to mitigate the climate crisis and SLCP emissions. The absence of such policies, coupled with weak air pollution control, implies short-term warming for Latin America, mainly because it is estimated that emissions of methane, ozone and hydrofluorocarbons—compounds characterized by high warming rates—will increase, as well as lower contributions from aerosols, which would decrease the cooling effect.

However, with proper monitoring and in scenarios that combine efforts to reduce GHGs and SLCPs, high climate benefits and stabilization are expected after 2040.

Although the climate results of these measures will be visible in 20 to 30 years, they will contribute to improving air quality and protecting human health in the short term.

Public policies that work to lessen air pollution can reduce mortality rates due to poor air quality and contribute to meeting several of the Sustainable Development Goals (SDGs), especially those targets related to particulate matter exposure (targets 3.9 and 11.6), human health and cities (targets 3.8 and 11.7), and the health of people and the environment (targets 3.9 and 11.7).

They can also contribute to access to clean and affordable energy, responsible consumption and production, climate action and biodiversity protection (SDGs 7, 12, 13, 14 and 15). Finally, reducing CCVC emissions will help reduce crop losses, contributing to achieving zero hunger (SDG 2).

Now that we know the sectors and pollutants whose management will be key in the coming years, it is time to demand that authorities and companies implement concrete actions to reduce emissions of SLCPs and obtain co-benefits in the fight for climate and clean air.

 

Seconds before 1:15 p.m. on September 19, the Earth reminded us just how fragile life is.

As soon as we felt the first movement, and the seismic alert confirmed what was happening, our Mexico City team suspended a call with team members in five countries and took to the streets. Words can’t describe the emotions that engulfed us during the next hours and days.

Fear and joy, anxiety and solidarity, nervousness and hope.

Just two hours before, we had participated in a simulation in honor of the victims of the devastating earthquake exactly 32 years before. While for some residents of Mexico City these exercises are a repetitive protocol, we in AIDA always follow them because our team consists of professionals from across Latin America, some who don’t have experience with earthquakes. So luckily our team knew what to do.

We met at the rendezvous point, as best we could. We were relieved to learn the teams of AIDA and CEMDA—with whom we share offices—were all safe and accounted for. But the calm was short-lived, as reports came in from nearby streets: building collapses, gas leaks, the loss of power and communication.

The city suspended all activities. Those who were able showed up to help. Damaged streets were flooded with volunteers. Astrid Puentes, co-director of AIDA, gave shelter to our team in her nearby home. Those who could returned to their homes at the end of the day. Unfortunately, the house where one of our interns was staying was left uninhabitable.

These have been difficult days. Work was put on hold as our team joined the relief efforts.

We have seen so many signs of solidarity. Despite the tragedy, the humility and confidence of the Mexican people has awakened in us a new sense of hope. Everyone could help in some way. We’ve seen therapists, lawyers, motorcyclists, cooks, blacksmiths, architects, masons, journalists, and clowns offering their knowledge and experience to one cause: helping the victims, whether they knew them or not.

We won’t emerge from this situation unscathed. While AIDA’s office remains in good condition, the news of friends who have lost loved ones or their homes continues to arrive. But we’ve seen the spectacular strength and resilience of Mexico’s people; they work with their hands as well as their hearts.  We know now that the reconstruction that awaits us will have its foundation in solidarity and empathy.

We’re confident that the millions of people who have been awakened, who are acting as conscious and involved citizens, will continue working for our city and our country. And we return to our work this week conscious that thousands of people still need help, not just in Mexico City, but also in the states of Morelos, Puebla, Oaxaca, Veracruz, Tabasco, and Chiapas.

We will work for them and for the whole continent. We will work for the Earth, which has reminded us that life is but an instant, and that it’s always worth fighting for.

-- In solidarity, AIDA’s team from Mexico City: Astrid, Ava, Cecilia, Laura, Paulina, Rodrigo, and Victor.  

 

By Marcelo Salazar, Instituto Socioambiental (ISA)

AIDA translation of a blog originally published by ISA

Jarliel died while diving for fish in water 25 meters deep. One of his brothers blames the Belo Monte Dam, which pushed all the fish into deeper waters, forcing fishermen to follow. Before the dam, fish were plentiful in the waterfalls and shallows of the river.

Jarliel Juruna, known as Jarla, died on October 26, 2016 while diving for brown acari, a common Amazonian catfish. He was 20 years old. Jarliel was roughly 25 meters deep when he stopped breathing; his lifeless body floated to the surface. It was a tragedy for Mïratu, in the Paquiçamba indigenous territory; it was a tragedy for the Juruna people* of the Volta Grande; and it was a tragedy for the Xingu River, in the Brazilian Amazon.

He left his parents, siblings, wife, and newborn son, all in shock. They had no idea where to go or what to do next.

In near total silence, Giliarde Juruna, chief of Mïratu and one of Jarliel’s brothers, kept his gaze fixed on the forest behind the straw house that holds the community kitchen.

Another brother, Jair Juruna, known as Negão, was outraged:  "We’ve never had to fish acari in such deep waters. But because of the dam, the fish that have always been right here, in the waterfalls and in the shallows, have disappeared. And we have families to support. Norte Energía [the dam-building consortium] is playing with our lives. Where are the productive projects? If things were working, we would have other jobs and we wouldn’t need to risk our lives to support our families. Now look what’s happened."

On the other side of the continent, Bel Juruna was in Peru representing her people in a meeting of Latin American indigenous leaders. She was speaking about the violence that the Belo Monte operators brought to her community and the people of the Xingu. When she heard the news, she was devastated. She wasn’t able get home in time to attend Jarliel’s burial; to say goodbye to her youngest brother, whom she had helped to raise.

Jarla was a happy and playful young man, dedicated, completing his high school degree and dreaming of college. He was one of his village’s fighters, present in many of the peaceful occupations of the Belo Monte Dam complex, fighting for the rights of the indigenous people of the Xingu.

One day, the full story behind Belo Monte will be told. The very real impacts the dam has had on the life of the people of the Xingu will be recognized.

May Jarla now join the great Mïratu fighters on another plane—and unite his efforts with those who remain on Earth to fight against Belo Monte and against other forms of destruction of the indigenous and traditional communities of the Xingu.

*Proprietors of the River

The Yudja, or Juruna (as they’re know in the region), live on the islands and banks of the Xingu. They are known as “proprietors of the river” for their great ancestral knowledge of its flow, and for having migrated for centuries from the mouth of the Xingu to its headwaters. Mïratu, one of the villages in Paquiçamba indigenous territory, sits roughly 10 km below one of Belo Monte’s reservoirs. The hamlet suffers various impacts from the dam, including changes in their traditional fisheries. In collaboration with (the?) Universidad Federal do Pará and ISA, and with the support of the Mott Foundation, the Juruna people are engaged in independent monitoring of their fisheries, which reveals the damages suffered in recent years. Jariel was one of the monitors in Mïratu. 

The 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) was held in Morocco from November 7-18, 2016. The delegates made progress on issues related to finance for developing countries facing the impacts of climate change. But their decisions needed to be more ambitious. Global governments must provide adequate and predictable financial contributions so countries can plan and execute adaptation and mitigation strategies.

COP22 was the first climate conference held after the Paris Agreement became binding on November 4. In Marrakech, signatory countries began to establish procedures to implement the new global accord.

“The meeting sent a strong political message to the world: the commitments established under the Paris Agreement will stand above the results of the US presidential elections, whose winner has denied the very existence of climate change,” said Andrea Rodriguez, AIDA attorney and civil society participant in the climate negotiations. 

Funding the fight against climate change

Important progress was made at COP22 in terms of climate finance, a key component in the global fight against climate change. Developing countries presented a roadmap for mobilizing $100 billion per year by 2020, a commitment made in the Paris Agreement. Although the plan is valid, the contributions of developed nations must be even more ambitious to achieve the financial target and ensure that economic resources will be available when required.

Important recommendations were made to the Green Climate Fund—the largest fund for climate adaptation and mitigation. They focused on increasing direct access to funding and simplifying the process of accessing funds. But the recommendations did not, as hoped, focus on helping to develop and implement climate plans agreed under the Convention (such as Nationally Appropriate Mitigation Actions, National Adaptation Programs of Action, and Intended Nationally Determined Contributions).

Together with our allies, AIDA organized two side events to share views on progress made in the Green Climate Fund, from the perspective of several actors involved in the process. The panelists emphasized the need to strengthen national governments’ capacities to plan and design funding proposals based on each country’s priority needs. Such increased capacity would allow developing countries not to rely on outside entities to make decisions with far-reaching consequences for the environment and national economies. Emphasis was also placed on the importance of including non-governmental actors in decisions about how to use climate finance, so more comprehensive and legitimate proposals can be produced. The event educated a wide variety of participants from organizations and governments, and provided an opportunity for them to exchange views with the Secretariat and with Accredited Entities on ways to improve processes ahead.

The fate of the Adaptation Fund, which was created under the Kyoto Protocol to support adaptation activities in developing countries, was uncertain throughout the two weeks of COP22 negotiations. Fortunately, Parties decided that the Adaptation Fund will also serve to implement the Paris Agreement. Its continuity was guaranteed thanks to an infusion of $81 million from four developed nations (Germany, Belgium, Italy and Sweden).

In terms of long-term financing, Parties decided to prioritize the mobilization of public resources and guarantee financial support for adaptation actions, with greater participation of the private sector. We were also hoping the Parties would make new financial commitments for the post-2020 period, but this did not happen. 

The Paris Agreement on climate change entered into force today. Nations must now implement the commitments that made this global consensus possible, and work to make them even more ambitious.

On October 5, the nations of the European Union ratified the Paris Agreement, the binding global treaty on climate change adopted in a United Nations conference last December.

With their signatures, the treaty met the requirements needed to enter into force: it was ratified by at least 55 countries, which account for 55 percent or more of global greenhouse gas emissions.

Many Latin American nations contributed to this important political achievement by ratifying the agreement early, including Argentina, Bolivia, Brazil, Guatemala, Honduras, Mexico, Panama and Peru.

In late September, China and the United States, the world’s largest emitters, also said yes to the new climate accord.

Now all the nations that have ratified the Paris Agreement must begin to implement the national contributions they laid out last year, including, among other things, reducing emissions, financing climate actions, and taking measures for adaptation and mitigation.

“These contributions are legally binding and can only be improved upon by increasing ambitions,” explained Andrea Rodriguez, AIDA attorney. “Nations cannot deny or go back on their word.”

For the commitments to become a reality, each country must promote actions that meet international standards and create strong institutions to implement them.  Strong national and international support systems will enable governments to succeed at the adaptation and mitigation efforts that lay ahead.

The world’s most vulnerable nations depend on special climate financing to cope with the impacts of a changing climate. The enactment of the Paris Agreement may result in a stronger, more predictable and transparent international financial framework. Sufficient funding and proper financial management are key to making national commitments not only concrete but ever more ambitious.

“The entry into force of the Paris Agreement is an important global milestone. We can finally begin the urgent transformation of our economy and society towards a truly sustainable future. The irrefutable evidence of the impacts of climate change requires us to exercise historical responsibility to act quickly and get results,” said Astrid Puentes, AIDA co-director.

“Latin America must show global leadership by implementing appropriate solutions and staying away from outdated strategies that increase the vulnerability of our countries and negatively impact people and communities.” 

By Camila Cossio, former AIDA intern

During my internship in AIDA’s San Jose office, I met up one day with a friend from the States for lunch. She told me about her trip visiting the beaches of Costa Rica. Everything she described sounded beautiful: the clear, blue water; hermit crabs that left their shells to eat breakfast in the early morning hours; sweet fruits that fell down onto the smooth sand; and the cool, green trees that provided shade from the hot Costa Rican sun.

But her mood changed suddenly, from bliss to concern, when she explained how her co-worker swam too close to a coral reef one afternoon and badly cut his thigh. She was concerned with how unprepared their tour guide was to handle the situation, and how irresponsible it seemed that tourists were allowed – with no diving experience – to swim that close to the reefs.

Leaving aside the physical dangers to humans, accidents like his, though they may seem inconsequential, have a severe impact on sensitive marine ecosystems like coral reefs. 

Coral reefs are a unique and complex ecosystem, vital to the health of oceans. Yet 93 percent of the reefs in Costa Rica are in danger, and tourism is a significant factor in their degradation.

Tourism’s threats to corals

When tourists accidently touch, pollute, or break parts of the reef, corals experience stress. The coral organisms try to naturally fight off pollutants, but this process often leads to coral bleaching – when corals lose their bright colors and become completely white. Once corals are bleached, they can no longer contribute to the biodiversity of the reef community, which depends upon symbiotic interactions between fish, invertebrates, and their habitats. Additionally, since the disruption of one ocean ecosystem gravely impacts others, sea grass and mangrove communities – shallow-water plant species vital to health of the marine ecosystem – are also severely threatened by coral stress.

Another significant problem facing coral reefs is sedimentation. When solid residues are deposited into the depths of water bodies, they pollute marine ecosystems and block light needed for photosynthesis. When light is blocked, immobile coral reefs bleach and die.

In Costa Rica, sources of sedimentation include dredging, logging, agriculture and coastal development driven by the tourism sector. A Reef Under Siltation Stress: A Decade of Degradation, a study by Costa Rican biologist Jorge Cortés, documents the negative impacts of tourism on coral reefs in the Cauhita region of Costa Rica. Another case study on the reefs of Bahía Culebra found that coastal development related to the tourism sector was essentially unregulated. Because of this, coral reefs in the Pacific continue to suffer.

Sedimentation will continue to destroy reefs if better management principles are not enacted. In 1994 in Bahía Culebra, for example, a reef was burned due to sediments leftover from construction of a tourist center. Eighty percent of the reef was completely destroyed. 

Scientific literature predicts that 50 percent of all coral reefs in Latin America are at risk of degradation in the next five to 10 years. Studies show that, globally, 30 percent of reefs are already seriously damaged and 70 percent of all coral reefs are expected to disappear by 2030 if corrective measures are not taken to stop the negative anthropogenic impacts on coral reef communities. 

Building a future for coral reefs

Sustainable tourism is a great concept on paper, but hard to enforce in reality. Construction of coastal properties requires waters to be dredged. It creates pollutant runoff from roads and parking lots and airports. Sewage is dumped into the ocean, and more intensive agriculture to support all the people increases sedimentation.

Although it’s difficult for an individual to stop massive projects like these, it’s easy to take small but powerful steps: not picking up wildlife for souvenirs (shells, coral rubble, plants); being conscious of what you bring with you – reusable water bottles instead of plastic bottles, a backpack for your trash in case there isn’t an area nearby to dispose of waste properly; taking the bus instead of a car; and – if possible – doing research on the hotels or hostels in which you stay. Many coastal hotels dump their graywater – wastewater from laundry, cooking, and non-toilet related household processes – into the ocean, contributing to sedimentation and contaminating coral reef ecosystems. 

It’s important to be aware that many land-based activities may directly harm the marine eco-system. Being an environmentally friendly tourist is not about being perfect, but individual actions, though they may seem small, really can have a big impact.

AIDA provides much-needed recommendations for effective laws and practices to preserve and protect reefs. 

Check out our new "Best Practices" guide

 

As 2015 comes to a close, we’d like to draw your attention to the environmental stories and successes that make us so proud to do what we do. Our attorneys work tirelessly to defend the right to a healthy environment in the Americas. Achieving long-sought victories, listening to world leaders take a stand for the environment, and seeing national governments set precedents in conservation provide us with the inspiration to continue to fight for our Earth, full speed ahead.

Here’s a rundown of the stories we, and our readers, were most excited about this year:

1. The legal protection of Panama Bay Wetlands

In February, the Panamanian government approved a national law that bestows protected-area status on the Panama Bay Wetland Wildlife Refuge. Though recognized as an ecosystem key to freshwater supplies and biodiversity preservation, the Panama Bay wetlands have been threatened in recent years by infrastructure and development projects.

AIDA welcomed the law, which our attorneys helped to strengthen, as a breakthrough in national wetland protection and an important example for other countries in the region. (read more)


2. Colombia suspended the aerial spraying of glyphosate

In May, the Colombian government suspended the widespread spraying of glyphosate – a toxic chemical recently recognized as a carcinogen – in rural areas across the country. The spraying was part of a US-finance program to destroy coca and poppy crops. While proving ineffective in the war on drugs, the spraying has for years damaged sensitive natural areas, water sources and wildlife, destroyed crops, and displaced vulnerable populations.

AIDA has advocated for 17 years for the program’s suspension, which comes now as an important advance for justice and environmental law in Colombia. (read more)


3. Better protections for Loggerhead Turtles

Mining was finally added to the list of activities threatening loggerhead turtles (caretta caretta) throughout the region. In June, the member parties of the Interamerican Convention for the Protection and Conservation of Marine Turtles (CIT) signed a policy intended to protect the threated species and its habitats.

They also pledged to work to implement conservation plans in countries where they do not yet exist. (read more)


4. Pope Francis urged the protection of the planet

The holy leader of the Catholic Church has been extremely engaged this year in the support of the environment. He published his encyclical Laudato Sí, which calls to protect “our common home,” the Earth. In it, he acknowledged the important work of organizations, called on world leaders to act to combat climate change, and stressed that failure to protect the environment will cause greater inequality worldwide. He also visited the United Nations General Assembly and called on decision-makers to find the political and moral will to act.
 
We celebrate the importance of a world leader like Pope Francis speaking so strongly in favor of the environment for the people of Latin America, where the majority of the population is Catholic. (read more)
 

5. The Santurbán Páramo was protected

Building upon a law to protect páramos, the Colombian government took the important step this year of beginning to define the borders of these vital ecosystems, which collectively produce 85 percent of the nation’s potable water. AIDA advocated alongside many national organizations and communities for the protection of the Santurban páramo, and helped compel the government, when defining its boundaries, to protect 76 percent of Santurbán’s total area from exploitation.
Although parts of the Santurbán are still at risk, the government set a powerful precedent for protecting freshwater sources from the ravages of mining. (read more)


6. Chile created the largest marine reserve in the Americas

The Chilean government in October announced the creation of the largest expanse of protected ocean in the Americas, in turn aiding in the conservation of a unique array of marine life. The marine protected area, roughly the size of Italy, stretches between the mainland of Chile and Easter Island. It’s impressive size accounts for nearly eight percent of the world’s protected ocean areas.

Off-limits to fishing and governed by no-take protections, the creation of the Nazca-Desventuradas Marine Park sets a powerful example for coastal nations worldwide. (read more)


7. Peru created one of the largest protected areas in the world

3.3 million acres! That makes the brand new Sierra del Divisor National Park one of the largest protected areas in Latin America. Announced in November, to the acclaim of international conservationists and local communities alike, the park’s creation is intended to protect the indigenous peoples and rich biodiversity of the area from threats arising from logging, mining and drug trafficking. (read more)


8. Belize banned oil exploration in its reef system

The second largest coral reef system in the world will remain protected from offshore oil exploration, thanks to a new national policy approved December 1. The Belize Barrier Reef, a World Heritage Site comprised of 7 protect areas over 3,400 square kilometers, is the equivalent of 15 percent of Belize’s marine territory. (read more)


9. World leaders adopted a new climate accord

In a historic meeting this December, world leaders successfully created a new global climate accord, in hopes of maintaining an emissions cap that will limit global warming to 1.5 degrees Celsius. Though a long road remains ahead in the fight against climate change, the so-called Paris Agreement is an important step in ensuring all countries, developed and developing, can effectively work to prevent and prepare for the adverse effects of a changing climate. (read more)


10. YOUR commitment to protecting the natural world

That’s right – YOU are one of the year’s biggest stories. Environmental activists and concerned citizens around the world have long been rising up to make their voices heard. In Paris and around the world this year, unprecedented numbers of people took to the streets to call for climate action, the protection of natural places, and respect for the indigenous cultures that have long been the guardians of this Earth. 

Every time you decided to walk or bike instead of drive; to recycle or compost your waste; to buy local and to eat smart; to work, volunteer or donate to an environmental cause, you helped combat climate change and contributed to the fight for justice for the environment and all the creatures that call this planet home. 

All the best stories that come to light, all the struggles and successes, none of them would be possible without the passion and voice of the people! 

So THANK YOU, and Happy New Year!

The flow of the Xingú river in the Brazilian Amazon is diminishing to a trickle, while the rainforest around it disappears. Fish and other animals are scarcely seen, and many residents of the river communities have had to leave their homes and change their way of life forever.

This devastating panorama is the result of the construction of Belo Monte dam, slated to be the third-largest dam in the world. Despite the project’s many reported irregularities, construction continues to ravage the surrounding environment. And despite the corruption and seemingly endless questions surrounding the dam, the energy company building it has had no problems obtaining funding, mostly from the Brazilian National Development Bank (BNDES). 

In Latin America, BNDES is more active than both the Inter-American Development Bank and the World Bank in financing large energy and infrastructure projects. BNDES does not, however, have standards that guarantee its investments do no harm to the environment and vulnerable communities; nor does it have an effective system to process the claims and complaints of those whose human rights are violated as a result.

AIDA is working alongside regional organizations in Brazil to draw attention to this unacceptable situation.

Too few people know about the problems caused by BNDES-supported projects, which means that society at large is not demanding accountability. To raise awareness, AIDA and allied organizations created an infographic that explains the harmful effects of BNDES investments in the region. Please help us distribute this valuable tool by sharing it with your friends!

“Our work aims to influence the Brazilian National Development Bank so it becomes a positive influence in the world of energy investments. We hope they begin to respect the environment and the human rights of the people who depend on it, and enable a shift towards a truly sustainable economy,” said Florencia Ortúzar, AIDA attorney.

“We want the Bank to stop funding large dams. As well as displacing entire communities of indigenous and vulnerable people, they actually contribute to climate change, because rotting vegetation in dam reservoirs releases enormous amounts of methane—a very powerful greenhouse gas. Instead of building more dams, the bank should avoid socio-environmental conflicts and positively contribute to regional efforts to adapt to and mitigate the effects of climate change.”

Financial institutions are crucial players in the global fight against climate change. In order for countries around the world to successfully pursue low-carbon and climate-resilient development, significant sums of finance will need to be harnessed.

The Paris Agreement – set to be finalized this week at the close of COP21 – will surely catalyze climate finance around the world. But climate finance will only represent a small percentage of overall global financial flows. Therefore, the extent to which climate change considerations are more broadly mainstreamed within financial institutions will have an important effect on the speed of the global economy’s transformation in response to climate change.

AIDA co-director Astrid Puentes Riaño was part of a panel that addressed this reality on December 7 during a COP21 side event titled Mainstreaming Climate Change Within Financial Institutions.

The event began with a presentation unveiling the Five Voluntary Principles that had been agreed to this year by 26 financial institutions on four continents, which collectively manage $11 trillion USD. These voluntary principles included commitments to manage climate risks, improve climate performance, account for climate action, adhere to climate change strategies, and promote climate smart objectives.

Following introductory remarks by the CEO of the French Development Agency and the Vice President of the World Bank Group, the main group of five panelists was invited to discuss their actions and views related to the initiative.

The importance of Puentes Riaño’s presence on the panel was immediately apparent – she was not only the only woman, but also the only voice representing civil society. Other panelists included representatives from major public and private financial institutions, such as the Development Bank of Latin America, the Vicepresident of the European Investment Bank and the head of the Ministry of the Environment and Tourism in Namibia.

The presentations on behalf of the financial institutions were brief, but to a certain extent heartening. Representatives lauded the billions of dollars they were committing to the fight against climate change, as well as other steps they were taking to reduce the climate impact of their investments. The European Investment Bank Representative, for example, highlighted their new emissions performance standard for investment in new energy development, which he said didn’t discriminate against any particular energy source, but effectively excluded coal.

There was also discussion about the importance of working together and building information-sharing platforms, such as a website to host information gathered by the financial institutions. The representative from the commercial banking sector said that his company had committed to investing $2 billion USD in green bonds, wouldn’t be funding any new coal plants, and would be increasing investments in renewable energy.

The Minister from Namibia stressed the devastating effect climate change is already having, and will continue to have, on his country. He explained that although climate change is a priority for his government, there is a lack of resources available to address the various needs that can arise at any time.

Speaking on behalf of civil society, Puentes Riaño welcomed the initiative as a good start, which projected a positive image of the financial sector. Recognizing that the effort was still in its nascent stages, she offered some recommendations regarding its implementation.

First, she called for consideration of human rights and social risk to be included in project assessments. This, Puentes Riaño explained, would facilitate the selection of the right kinds of projects to invest in. Secondly, she called for an effort to ensure that there was consideration of, and agreement among financial institutions about key definitions, for example  “renewable energy” and “sustainable development”, as well as thought given to which options should be excluded as false solutions. Finally, she called on these funding institutions to focus on how this initiative would be implemented. She recommended having a clear, transparent, and participatory road map that was ambitious enough to put the world on a 1.5 degrees C path.

During discussions like these, it’s easy to see how important it is for civil society organizations to be present and doing their best to contribute to the dialogue. In this case, AIDA was able to join the conversation and use our position at the table to help increase awareness about and advocate for access to information, transparency and accountability, public participation, and human rights. 

Programme of Events - December 10, 2015

 

10:00 - 10:30

Press Conference (Le Bourget, Hall 5, Press Conf. Room 2). Hosted by Office of the High Commissioner on Human Rights.

11:00 - 12:30

Side Event: Fight Climate Change, Eradicate Poverty and Ensure Access to Rights—The Challenge of a Truly Just Transition (Espace Générations Climat, Room 4). Hosted by Secours Catholique - Caritas France and ATD Quart Monde.

11:30 - 13:00

Side Event: Climate Change: One of the Greatest Human Rights Challenges of Our Time (Le Bourget, Hall 4, Observer Room 12). Hosted by the Human Rights & Climate Change Working Group, Geneva Climate Change Concertation Group, CARE International, Center for International Environmental Law, Earthjustice, Franciscans International, Friedrich-Ebert-Stiftung and Human Rights Watch. 

13:00 - 13:30

Civil Society Action: Stand Up for Human Rights (Le Bourget, TBD).

13:00 - 14:30

Side Event: Climate Change and Human Rights: Focus on Urban Life, Human Rights and Adaptation to Climate Change (Espace Générations Climat, Room 4). Hosted by European Association of Geographers.

15:45 - 17:00

Photo Exhibition and Film Screening: There Is No Time Left: Climate Change and Human Rights in Turkana County, Kenya (Espaces Générations Climat, Round House and Stand A28). Hosted by Human Rights Watch. 

17:30 - 19:00

Side Event: Agir Contre le Climat et Promouvoir les Droits Humains: Solutions Pratiques (Espace Générations Climat, Room 1). Hosted by the Human Rights & Climate Change Working Group and Réseau Climat & Développement.

18:30 - 21:00

Human Rights Day Celebration (Point Ephemere, 200 quai de Valmy 75010 Paris). Hosted by the Tri-Caucus, Accra Caucus, Geneva Group, Human Rights & Climate Change Working Group, Indigenous Peoples Caucus, and REDD+ Safeguards Working Group. 

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