Conversations around climate action and development often take place in silos, but the two are inherently linked. Extreme climate change will completely transform the global development project.
The 26th United Nations Climate Change Conference of the Parties is an essential milestone for global policymaking in the fight against climate change, as well as a timely opportunity for the development community to understand and engage in the process. The bar is high for this year’s COP; finalizing the “Paris rulebook,” landing emission reduction commitments, solving the climate finance challenge, and promoting fair, inclusive climate action on a global scale will require unprecedented collective action between all stakeholders.
How should organizations working toward the Sustainable Development Goals engage in the climate negotiations? What does development look like in the context of climate change, and how do we need to transform the way we work? How can we make the COVID-19 pandemic a turning point — not a missed opportunity — to forge the global cooperation we need to move the needle on climate action?
As the media platform for the global development community, Devex is uniquely positioned to explore these questions. Devex @ COP 26 is a series of conversations over multiple days in November that will:
● Convene disparate communities and identify opportunities for collaboration.
● Shine a spotlight on the intersectional links between climate and a host of crosscutting issues such as health, food systems, migration, finance, and more.
● Unpack the complexity of the climate negotiations, while diving into the implications for the SDGs and the professionals working to achieve them in low- and middle-income countries.
This event will include live captioning as well as French and Spanish interpretation.
About the Event:
Extreme weather events and natural hazards are on the rise worldwide due to climate change. Between 2000 and 2019, their number surged by 75% compared with the previous 20 years, claiming 1.2 million lives and causing $3 trillion in economic losses.
The international community is struggling to match up the funding needed to prepare for, respond to, and rebuild from disasters. And where money is available, it is slow to reach affected communities, ultimately increasing the time and cost of recovery, and not always going where it is needed the most.
Unless the system we use to pay for disasters is adapted to meet the modern challenges of today, vulnerable communities will be kept in a vicious circle of poverty, making long term development progress – including the protection of biodiversity – impossible. While we already have the technology and skills to predict most disasters, funds are normally only sought after a disaster has already hit. Looking at 9 recent disasters, just 2.3% of the total funding was agreed up front, despite most of the disasters having been predicted.
The longer you leave a crisis, the bigger it grows and the more funds are ultimately needed to help recovery. Through pre-arranged finance, much needed money can reach those on the frontline faster – early response has been shown to as much as triple the cost-efficiency of disaster response.
This event, hosted by Devex in partnership with DAI and the Centre for Disaster Protection on the occasion of COP26, will examine how international and local actors can work together to create mechanisms for pre-agreed financing to ensure more timely, efficient, and agile disaster response. Drawing on the work of the Crisis Lookout Coalition, it will also explore how a new global agreement for crisis protection can help identify priority risks, help people adapt, and make sure they have the funds they need when it matters most.
Time: 5:00 p.m. GMT | 12:00 p.m. ET
It is a unique opportunity to share information on investment with a gender perspective, bringing together experts from Latin America and the world. A 100% free online event where dialogue will be opened and strategies will be established to close gender gaps, improving the profitability and productivity of companies.
Dear Sir/Madam,You are herewith cordially invited to the COP26 side event presenting the Multi-stakeholder Gender and Energy Compact, on Tuesday November 9, 12:30 – 13:30 GMT in the SDG 7 Pavilion. The Compact brings together governments, private sector, academia, civil society, youth, and international organizations—all under the same overall objective: To promote a just, inclusive, and gender responsive energy transition.Undersigning countries include Canada, Ecuador, Iceland, Kenya, Nepal and Sweden, together with 42 national and international organizations such as the African Development Bank, IKEA Foundation, Student Energy, the SDG7 Youth Constituency, the Private Financing Advisory Network (PFAN) and the European Bank for Reconstruction and Development. More information is available here: https://www.un.org/en/
energy-compacts/page/energy- compact-gender-equality-and- women’s-empowerment- sustainable-energyWe hope to welcome you at the event in person or virtually!Time: 12:30 – 13:30 GMT / 7:20 AM – 8:20 AM EST