2 NOVEMBER 2021
We, Heads of State and Government, and high representatives, of the Climate Vulnerable Forum (CVF) from Africa, Asia, the Caribbean, Latin America, the Middle East, and the Pacific, and forming a significant number, and a representative group, of those countries most vulnerable to the adverse impacts of climate change, meeting in-person and virtually, as convened from Dhaka, and in Glasgow during the World Leaders Summit of UNFCCC COP26, in October and November 2021,
Alarmed at the recent findings of the IPCC’s Sixth Assessment report (AR6) which confirmed that the warming of the climate system is accelerating with the world on track to reach 1.5ºC as early as 2030, with certain adverse impacts of climate change, such as extreme heat spells, set to nearly double in scale by then compared to impacts at 1ºC, as society now finds itself firmly within an escalating climate emergency,
Further alarmed at the conclusions of the UNFCCC Secretariat’s 2021 reports on Nationally Determined Contributions (NDCs) under the Paris Agreement, wherein a large number of parties to the Agreement, including a number of major emitting countries, failed to comply with the Agreement by updating or renewing enhanced NDCs, and whereby a major shortfall in contributions to limiting warming to 1.5ºC prevails, though highlighting that the 1.5ºC goal can still be kept alive if 2030 emissions are 45% below their 2010 levels, which requires drastic, constant and urgent ambition raising especially of major emitting countries prior to 2030,
All the more alarmed by reports of the unmet UNFCCC collective climate finance commitment of the developed countries to mobilize $100 billion in annual, additional climate finance, with balanced funding for adaptation and mitigation, from 2020, and the threat that this default poses for confidence in the Paris climate regime in addition to weakening support for climate action by developing countries and our member states,