The UN Climate Change Conference COP25 is being held in Madrid under the Presidence of Chile. COP25 will run from 2 - 13 December 2019 and provides an crucial opportunity for the global business community to come together and support ambitious climate action.
Stay tuned for expert insights from COP25
BCSD Australia is committed to supporting its members to bring this message of ambition at the highest level during the negotiations. So stay tuned for our regular updates during COP25 - on Twitter, on LinkedIn and in our COP25 Blog below.
Webinars on progress and outcomes from COP25
We will be conducting two webinars to summarise outcomes and implications from the climate negotiations at COP25. The webinars will feature expert commentary from Australian representatives at the the conference. Register to attend these invaluable webinars now.
COP25 Half Time Update: A BCSD Australia Webinar
Monday 9 December, 5pm AEDT
COP25 Full-time Review: A BCSD Australia Webinar
Monday 16 December, 5pm AEDT
COP25 Blog by BCSD Australia
Sunday 8 December, 2019, 11.12pm AEDT
#COP25 Day 6 Update: Breaking from the UNFCCC Bubble: The Conference officially concluded its first week on Friday, but delegates continue to work to address outstanding issues on loss and damage, technology, and transparency. Negotiators have been concentrating on the means of implementation for the Agreement. Focus also shifted to finance for climate action on the ground. A proposal to establish the “Santiago Network on Addressing Loss and Damage” fuelled debates about how best to “break from the UNFCCC bubble” to foster the collaboration of experts from both within and beyond the Convention. They are also expected to have “clean,” or agreed, decisions to consider for national adaptation plans and the Poznan strategic programme on technology transfer. But. Delegates were unable to find agreement on common time frames and agriculture. And the next iteration on the Article 6 (market and non-market mechanisms) text has now been postponed until 9 December. This issue is expected to go to ministers. Workshops on energy, transport, and human settlements, under the (WBCSD led) Marrakech Partnership for Global Climate Action emphasised the important role of science, with many speakers highlighting how to foster credible, science-based and profitable solutions.
Saturday 7 December, 2019, 12.23pm AEDT
#COP25 Day 5 Update: Nothing. That's the pronouncement of progress at Chile/Madrid by Greta Thunberg, UNFCCC ExSec Patricia Espinosa and the #COP25 President. Proof Point? Countries failed to reach even agreement on how long future climate pledges should last. The issue is one of the last remaining pieces of the Paris “rulebook” to be agreed. The issue is now unlikely to be resolved at this year’s talks. Australia was one of the countries arguing to push the common timeframe talks out as far as 2023. But that’s not their priority at Cop25, writes Richie Merzian from the Australia Institute. What they really want, he says, is for other governments to ignore the fact Australia is the ONLY country planning to use credits carried over from the Kyoto Protocol to meet it Paris Agreement goals. What's ahead? Saturday and Sunday are the Business and Industry days while Monday sees the imminent arrival of ministers, including Minister Angus Taylor which, many hope, could provide the remaining push to unblock ground-level holdups. #timeforaction
Friday 6 December, 2019, 11.53am AEDT
#COP25 Day 4 Update: Legacy: Negotiations continued on transparency, finance, loss and damage, and Article 6 (cooperative approaches). How will the Parties progress Loss & Damage negotiations when deep divisions remain, especially on finance. On Transparency, how will the Paris Agreement’s future national reporting system work, especially for developing country (BCSDA view: look to the robustness, credibility and transparency of NGERS?). On Cooperative Approaches the Participants at the informal consultations have become so large number that had to be moved to one of the vast Plenary rooms. The COP Presidency’s held a dialogue encouraging countries to leverage forests to reduce emissions and build resilience through their nationally determined contributions (NDCs). Latin American countries were involved in the discussions, and Chile announced it would double its reforestation target in its forthcoming NDC. And in a roundtable with businesses, farmers, and international organizations the Marrakech Partnership for Global Climate Action discussed agri-food chains. Mary Stewart from Energetics held a Side Event with @climateactive at the Climate Action Hub talking with Chile, Costa Rica and the @UNFCCC about voluntary carbon management and climate action by the private sector.
Thursday 5 December, 2019, 1.10pm AEDT
#COP25 Day 3 Update: Stocktake. Parties reviewed the work of the UNFCCC related to mitigation efforts, and supporting enhancing implementation and ambition. Sobering was assessment. Civil society decried a lost decade of mitigation and climate finance efforts. The Intergovernmental Panel on Climate Change (IPCC) and the Subsidiary Body for Scientific and Technological Advice (SBSTA) held an event to better understand the IPCC’s Special Report on Climate Change and Land, released earlier in the year. The Marrakech Partnership for Global Climate Action also took a stocktake on climate action as it launched the 2019 Yearbook of Global Climate Action. It documents the state of action taken by non-party stakeholders – businesses, cities and regions, and civil society. It reveals that these actors, often in collaboration with countries, are increasingly delivering on initiatives that can help close the emissions gap. But, challenges remain to scale up the potential of non-state climate action. That’s a government role. Art 6 moves apace, particularly after the Parties began using different forums of engagement from the ‘informal-informal’ (don’t ask!). Oh, and Australia won a Dinosaur of the Day Award as well. #timeforaction #parisagreement #sdg13
Wednesday 4 December, 2019, 11.40am AEDT
Update - Day 2: What’s interesting about this COP is that with many issues already settled in the Katowice (COP24) Rulebook, so the smaller set of issues being negotiated are subject to greater scrutiny. Delegates have been meeting to address on discrete issues, including finance, technology, as well as loss and damage. Heads of delegation also met in closed door sessions to discuss cooperative approaches (Article 6). Difficult discussions on climate finance were also debated. Meanwhile the Chilean Presidency shone a spotlight on key cross-cutting issues relevant to Australia. Informal dialogue on the Local Communities and Indigenous Peoples Platform (LCIPP), was held in which several speakers highlighted the role of traditional knowledge and the need to include a range of perspectives in supporting climate action. Also launched was the Platform for Science-Based Ocean Solutions to create a community of practice to share lessons, encourage concrete policies, and facilitate access to resources and solutions for the ocean. Practical advice also emerged from the workshop on the hashtag#Koronivia joint work on agriculture on ways to improve nutrient use and manure management.
Tuesday 3 December, 2019, 12.20pm AEDT
Update - Day 1: Opening Statements, Roundtables on Climate Ambition, and a mass of work ahead. The UN opened a two-week climate summit in Madrid attended by over 29,000, which had been been moved from Chile due to protests. As world leaders face growing pressure to prove they can muster the political will to avert the most catastrophic impacts of global warming the conference aims to lay the final pieces of groundwork needed to support the 2015 Paris agreement to tackle climate change, which enters a crucial implementation phase next year. Australia, in its opening statement, for the UMBRELLA GROUP, stressed the need for Article 6 rules to facilitate markets and enhance ambition.
Monday 2 December, 2019, 7pm AEDT
BCSD Australia supports “simple but rigorous” Article 6 rules at COP25
The Business Council for Sustainable Development Australia joined a number of business organisations from around the world in the call for “simple but rigorous” set of rules governing international emissions trading at COP25, which starts today in Madrid.
The call was led by the International Emission Trading Association (IETA) which has published a paper setting out the benefits of international emissions trading under Article 6 of the Paris Agreement which has been supported by no fewer than 15 international and national business, industry and climate associations, including BCSD Australia.
Monday 2 December, 2019, 11am AEDT
Delegates from around the world will convene Monday in Madrid for the start climate change negotiations.
This follows a major UN report that shows the goal of holding climate change at 1.5°C above pre-industrial average temperatures - the threshold at which climate change becomes catastrophic - is almost impossible. One of the main matters of debate will be setting rules for international carbon markets, one of the few internationally coordinated efforts to contain climate change.
In summary, the Madrid meeting will determine how, or whether, the promises of the Paris Agreement will be turned into action. COP25 provides an crucial opportunity for the global business community to come together and support ambitious climate action. BCSDA is committed to supporting its members to bring this message of ambition at the highest level during the negotiations. So stay tuned for our regular updates during COP25.