Investment Rating - The report does not explicitly provide an investment rating for the industry discussed Core Insights - The report emphasizes the critical importance of addressing loss and damage (L&D) related to climate change, particularly for Small Island Developing States (SIDS), which are disproportionately affected by climate impacts [11][29] - It highlights that all 32 Climate Promise-supported SIDS have included at least one loss and damage-related element in their Nationally Determined Contributions (NDCs), indicating a strong commitment to addressing these issues [89] - The report notes that while there is a focus on averting and minimizing loss and damage, there is limited information on post-impact support in the NDCs of SIDS [90] Summary by Sections 1. Introduction - The report outlines the historical context of loss and damage discussions under the UNFCCC, emphasizing the role of SIDS in advocating for climate justice [11][12] - It describes the frameworks established for addressing loss and damage, including the Warsaw International Mechanism and the Santiago network [12][14] 2. UNDP's Climate Promise Support to NDCs and SIDS - UNDP's Climate Promise supports over 140 countries, with a focus on enhancing NDCs, particularly for SIDS [3][4] - The report states that 84% of Climate Promise-supported SIDS have raised their mitigation ambition, and 91% have enhanced their adaptation components in their NDCs [34] 3. Loss and Damage in Climate Promise-supported SIDS' NDCs - The methodology for analyzing NDCs included examining references to loss and damage elements, such as sudden and slow onset events, and economic and non-economic losses [37][38] - All 32 SIDS included references to loss and damage, with 59% explicitly mentioning the term [42] - The report provides examples of specific SIDS NDCs that detail the impacts of climate change and the associated loss and damage [49][50] 4. Conclusion - The report concludes that loss and damage is a priority for SIDS, with a need for further research to assess the details of loss and damage elements in NDCs [89] - It emphasizes the importance of tailored support for marginalized communities affected by climate impacts, highlighting the need for inclusive approaches in addressing loss and damage [92]
气候承诺下小岛屿发展中国家的损失和损害快照(英)2024
UNDP·2024-11-18 06:15