The Traffic Light Assessment (TLA) evaluates the alignment of every country’s national emissions pledge, known as Nationally Determined Contributions (NDCs), for their compliance with the Paris Agreement (temperature goal and relating equity principles).
National emissions targets are collectively insufficient to align with the Paris Agreement.
Climate change has eliminated one fifth of the wealth of the V20 over the last two decades: initial evidence shows that the V20 would have been 20% wealthier today had it not been for climate change and the losses it incurred for poor and vulnerable economies.
Ghana feels incredibly honored to accept this greater challenge to be the next CVF Presidency and represent the most vulnerable countries part of the CVF, and to build on all the great work which was done during the past 2 years of Bangladesh as CVF Chair.
Bangladesh took over the Presidency of the Climate Vulnerable Forum (CVF) in 2020 for the second time. We managed to steer the Forum’s work through the COVID-19 pandemic. We feel relieved that we could achieve most of our objectives and more.
The climate vulnerable nations of the world are not only leading through their own domestic climate actions in mitigation and adaptation, but also driving needed ambition at the global level in these areas.
Leadership of the CVF is both a privilege and responsibility of great importance.
Going forward, Bangladesh will continue to champion the CVF agenda on containing the global temperature rise to 1.5°C; on tangible delivery of the Paris Agreement commitments on financing and technology; on 50:50 financing between climate mitigation and adaptation; and, on additional financing mechanisms for loss and damage. We shall remain a lead proponent for addressing the plights of ‘climate migrants’ – the millions who get displaced due to sea level rise, floods, river erosion and droughts.
The Bangladesh Presidency of the Climate Vulnerable Forum (CVF) ended its two-year term, and passed the CVF Presidency to Ghana, in a ceremony held today. The CVF Presidency represents 55 of the most climate-threatened countries, in their global fight against the climate emergency.
Statement by H.E Ban Ki-Moon, 8th Secretary-General of the United Nations and the Chair of the Board, Global Center on Adaptation at the CVF Presidency Handover Ceremony on 25 May 2022.
