SEOUL, Republic of Korea / Caribbean – In collaboration with the NDC Partnership and partners to the Climate Action Enhancement Package (CAEP), GGGI is supporting governments of Antigua and Barbuda, Grenada, and Saint Lucia in the enhancement and fast-tracking of Nationally Determined Contributions (NDCs). On August 24, GGGI Caribbean Regional Representative Kristin Deason and other GGGI staff and consultants participated in the Caribbean NDC Support Virtual Exchange Platform on Accounting and Tracking Progress for NDCs to present an overview of GGGI’s work in the region.
The CAEP creates a platform for NDC Partnership member countries to request support for different aspects of NDC revision and fast-tracking with the aim to accelerate NDC implementation at scale that meets the goals of the Paris Agreement, which is to mitigate climate change and enhance adaptation.
GGGI is undertaking various activities as part of the CAEP in the Caribbean mainly linked to fast-tracking achievements against NDC goals.
In Saint Lucia, GGGI is undertaking fossil fuel taxation and subsidy reform modelling to facilitate policy approaches to reducing fossil fuel consumption. GGGI is also developing an NDC Financing Strategy working to support tracking of climate budgeting and financing flows with the Departments of Sustainable Development and Economic Development, and the Ministry of Finance.
In Grenada, GGGI is supporting the strengthening of MRV systems through enhanced data collection and storage processes.
In Antigua and Barbuda, GGGI is working closely with partners and the Department of Environment in drafting an NDC Implementation Plan and MRV strategy and framework along with a stakeholder communications strategy related to NDC implementation. The government also has a strong focus on just and inclusive climate action, and GGGI is specifically supporting the development of a plan for inclusive renewable energy investments that can benefit low income and climate vulnerable households. The latter serves both mitigation and adaptation purposes. In addition, GGGI is supporting development of approaches to a climate resilience insurance program.
OECS became the first Organizational member of GGGI in 2019 and is a close partner and facilitator of GGGI’s support in the region.
GGGI is supporting more than 20 Member and partner countries worldwide to enhance and fast track their NDCs. This includes technical support to inform target setting, additional sectors into NDCs and sector level mitigation plans. However, NDC enhancement also covers strengthened mechanisms for Monitoring, Reporting and Verification (MRV), NDC Implementation Roadmaps, financial planning, development of mitigation and adaptation project pipelines and finance mobilization. GGGI is also supporting Members and partners worldwide on Long Terms Low-Emission Development Strategies to identify pathways for sustainable development, while also focusing on socio-economic co-benefits and growth, which have emphasized importance in the context of COVID-19 recovery. Head of Climate Action and Inclusive Development at GGGI’s Headquarter in South Korea, Ingvild Solvang, says: “Although many of our government country counterparts around the world are facing unprecedented challenges under the pandemic, it is evident that climate action remains a priority, which gives hopes that the ongoing NDC revisions will show higher ambitions. Implementation of ambitious NDCs, while meeting sustainable development goals, is necessary for the Paris Agreement to prove itself effective as a global effort for climate crisis mitigation and adaptation”.
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