Kathmandu, Nepal, 30 April 2014 – Communities across the developing world have a wealth of local knowledge and ingenuity to adapt more successfully to climate change but they urgently need greater international support to unlock their ambitions, Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) said on Wednesday.

“In the past few years, governments under the UN climate change convention have launched a whole new set of institutions to support action by the developing world. But there is still a gap between intent and full implementation that will allow vulnerable countries to make the most of their own abilities and adapt at a faster and more decisive scale,” she said, after  addressing the 8th Annual Community Based Adaptation Conference in Kathmandu, Nepal.

“Next year, governments will agree a new, universal climate agreement that must put the world on track to a carbon-neutral future. An essential foundation for a successful agreement must be greater ambition by all sectors of society to reduce emissions and to support developing nations and communities build climate-resilient futures.”

The Kathmandu conference focused on issues such as how to ensure international finance can reach communities in need and how the private sector can better support such communities to adapt to climate change.

“Nepal itself is estimated to be losing one per cent of its GDP to floods and landslides alone, a figure that will only rise unless the global community puts in place the policies and the pathways to bend the emissions curve down and climate proof communities and development here and across the vulnerable world,” said Ms. Figueres.

She underlined the importance of the new Green Climate Fund (GCF) which was established to become a major conduit of finance for developing country climate action. It will use public funds directly but also to leverage even higher levels of private sector investments for nations that might otherwise find access to such funding difficult.

“It is in the interest of all sides that developed countries come forward with substantial pledges to capitalize the GCF. Billions are required. At least ten billion dollars are urgently needed as initial capitalization so the GCF can operate quickly and at scale,” she said.

A whole set of funds and projects supporting climate action by developing nations already exist. These include those linked directly to or established by decisions under the UNFCCC. These include the Adaptation Fund, the Least Developed Countries Fund, the Special Climate Change Fund and the GCF. They also include the Global Environment Facility and others such as the Climate Investment Funds generated through the World Bank.

Under the UN climate convention, developing countries also have the opportunity to give potential funders or other assisting institutions access to their detailed plans for low-carbon development and adaptation to climate change. These include the so-called Nationally Appropriate Mitigation Actions (NAMAs), National Adaptation Programmes of Action (NAPAs) and the new more long term National Adaptation Plans (NAPs).

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“The urgent task is to ensure that all these working parts are being designed, redesigned and dovetailed together into the most powerful engine of change to a carbon-neutral world – this will in part define the lives and legitimate aspirations of people for many years to come,” said Ms. Figueres.

Momentum for Change – How Local Action is Transforming Lives and Livelihoods

During her visit, Ms. Figueres is highlighting local climate action happening on the ground in Nepal.

This includes hearing at first-hand how the government, NGO leaders, youth activists and entrepreneurs are coping with, for example, the phenomenon of glacial lake outburst floods linked to the melting of glaciers high in the Himalayas and the development of micro-hydro projects which are lighting up the lives of thousands of rural Nepalese.

She is also visiting a local company called Biocomp Nepal, which is transforming organic waste from vegetable markets into compost. Developed in cooperation with non-profit foundation Myclimate, the project is generating income for the community in Kathmandu Valley and at the same time cutting greenhouse gas emissions from landfills.

In 2012, Biocomp Nepal was named as a Lighthouse Activity under the UNFCCC’s Momentum for Change initiative. Over the project lifetime, Biocomp will reduce CO2 emissions by 4,070
tonnes per year and up to a maximum of 7,328 tonnes of CO2 by 2022; by 2015, the business aims to collect and treat 50 tonnes of municipal organic waste per day.

“Biocomp underlines how combating climate change is everyone’s business and that curbing emissions can trigger multiple positive benefits from overcoming poverty and generating jobs to building more resilient and productive agricultural systems,” said Ms. Figueres.

Her visit to Nepal comes as projects around the world are submitting applications to the next round of Momentum for Change awards with the 2014 winners to be announced in Lima, Peru at the UN Climate Change Conference meeting later this year.