Brazil calls for the inclusion of World Bank and IMF in climate discussions, emphasizing enhanced implementation of international actions. COP30 president-designate outlines the need for a Climate Change Council within the UN and highlights Brazil’s commitment to economic integration in climate strategies, while addressing the challenges posed by nationalism and developed nations’ accountability.

Brazil, as the host of COP30, urges the involvement of institutions like the World Bank and the International Monetary Fund (IMF) in climate decision-making processes. COP30 president-designate, Andre Aranha Correa do Lago, asserts that mainstreaming climate conversations into various multilateral discussions will enhance international climate actions. He emphasizes that Brazil does not intend to undermine the Paris Agreement, rather it seeks to address its limitations in implementation related to economic strategies needed against climate change.

Correa do Lago was in New Delhi for discussions concerning COP30, scheduled in Belem from November 10 to 21. This is his inaugural international visit since his designation as president. Engaging in dialogues with Indian officials, including Foreign Minister S. Jaishankar, he seeks solid consensus on the agenda and outcomes of the upcoming conference.

In light of the United States’ withdrawal from the Paris Agreement and Europe’s focus on geopolitical tensions, Brazil aims to uphold global climate dialogue. The Brazilian diplomat highlights the necessity of strengthening multilateral frameworks, advocating that other nations should not mirror the U.S. decision. He insists on maintaining a balance between national interests and international collaboration in climate matters.

Additionally, Brazil has proposed establishing a Climate Change Council within the UN to unify and enhance ongoing international climate efforts. Correa do Lago points out the fragmentation of current initiatives and advocates for a centralized authority to streamline coordination. The proposal aligns with views expressed by Minister of Environment and Climate, Marina Silva, who advocates for supplementary multilateral mechanisms to support the existing frameworks like the Paris Agreement.

Silva has pointed out the urgency of global governance reform following decades of unmet commitments. She calls for improved structures within the UN that would support countries in fulfilling their climate obligations while respecting their sovereignty. Correa do Lago emphasizes the opportunity for countries in the Global South to lead in climate initiatives while integrating climate strategies into their economic development plans.

He clarifies that developing nations should not bear additional climate burdens but should model responsible climate action that aligns with development needs, thus providing examples for developed nations. He criticizes the notion of burden shifting, arguing that developed countries must first fulfill their commitments under the Paris Agreement before expecting others to contribute. Correa do Lago highlights Brazil’s integrated climate action plan for 2035, which focuses on sustainable development and attracting climate-friendly investments, presenting it as a valuable asset for development planning by international financial organizations.

In summary, Brazil aims to integrate economic institutions into global climate discussions to enhance effectiveness and implement international agreements. COP30 seeks to address the shortcomings of the Paris Agreement by proposing a Climate Change Council and emphasizing the need for a collaborative approach within multilateral frameworks. The emphasis on leadership from Global South countries reflects a shift towards incorporating climate action in development agendas and holding developed nations accountable for their climate responsibilities.

Original Source: indianexpress.com

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