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African View: BLNRB - Kibera Benga (Kichwateli) (by Maasai Mbili, William Warero, Modeselektor, Just a Band) |
• Continue to work towards a binding international treaty that includes all major emitters and that sets short-, mid-, and long-term greenhouse gas emission reduction targets. • Support the development of robust carbon markets that provide strong and sustained price signals on carbon, hence sending economic signals that will facilitate the flow of private capital. • Support the development of the Green Climate Fund and other comparable funding mechanisms as part of broader efforts to scale up climate-relevant financial flows, from both public and, in particular, private sources, to developing countries. • Accelerate efforts to reduce emissions from deforestation and forest degradation (REDD and REDD-plus). An integrated climate change and clean energy policy framework should include: • Clear short-, medium- and long-term greenhouse gas emission reduction objectives and targets, and comprehensive, enforceable legal mechanisms and timelines for delivering on these objectives and targets. • Comprehensive energy and climate change policies that accelerate the deployment of energy efficiency, cleaner energy, renewable energy, green buildings, clean vehicles and fuels, and low-carbon transportation infrastructure. • Comprehensive policies directed at reducing greenhouse gas emissions from sources other than energy, for example waste, industrial emissions, fugitives, land-use change, deforestation and agriculture. • Policies supporting investment in renewable energy generation, including measures that support the access for electricity generated from renewable energy sources to electricity transmission and distribution infrastructure. • Financial incentives that shift the risk reward balance in favour of low-carbon assets. This includes strong and sustained price signals on carbon, well-designed carbon markets and other appropriate incentives to enable private investment in clean energy. An integral part of this should be the removal of fossil fuel subsidies. • Adaptation measures to reduce unavoidable climate impacts. • Corporate disclosure of material climate change-related risks.