Our climate change specialist Timothée Ourbak is in Bonn for the last week of COP23. He takes stock of the negotiations in Germany and the busy news agenda of the last few days about the climate. And all this by text message!
Adjust to climate change and its consequences: every country in the world now faces this new challenge called adaptation. It is a costly mechanism that calls for concerted, collective action and effective tools to try to predict the unpredictable.
AFD has become a partner of the Green Climate Fund, one of the main aid instruments for countries that are vulnerable to climate change.
To finance projects that contribute to the fight against climate change, AFD has just borrowed EUR 750m on the financial markets via “green” bonds. The operation has been a success, as demand from investors was four times higher than the offering. This is a positive signal prior to future similar operations which are already planned.
Laurence Tubiana: "To limit temperature increase, the level of national contributions must be re-vised upwards"
She negotiated the Paris Agreement in 2015. Laurence Tubiana is now Director of the European Climate Foundation. On the eve of COP 23, held in Bonn, Germany from November 6-17, she takes stock of the progress made for the climate since the Paris Agreement at COP 21.