New climate pledges announced by global leaders at the 10th Climate Week NYC

24 September 2018

New York City: New Zealand will increase its global climate finance commitment to $300 million over four years, Prime Minister Jacinda Ardern announced today at the 10th Climate Week NYC in New York, where political leaders are convened by The Climate Group to drive momentum on climate action.

The announcement came after California Governor Edmund G. Brown Jr. took to the stage at the Opening Ceremony, held at The Times Center, to urge governments to increase their climate action, just 10 days after the ‘Step Up’ climate action message from the Global Climate Action Summit held in San Francisco earlier this month.

The extra money will come from New Zealand’s Overseas Development Assistance budget, which was increased by nearly 30% ($NZ714million) this year to support the ‘Pacific Reset’ – a government strategy to increase support for and coordination with partners in the region.

In a keynote speech Rt Hon Jacinda Ardern said: “This funding allocation will focus on practical action that will help Pacific countries adapt to climate change and build resilience. For example, providing support for coastal adaptation in Tokelau to reduce the risks of coastal inundation; and continuing our efforts to strengthen water security across the Pacific, building on current initiatives such as those in Kiribati where we are working to provide community rainwater harvesting systems and are investing in desalination.”

She continued: “New Zealand is fully committed to the Paris Agreement and to taking urgent action to support our transition to a low-carbon and climate resilient economy…We have a responsibility of care for the environment in which we live, but the challenge of climate change requires us to look beyond our domestic borders, and in New Zealand’s case towards the Pacific.

“The focus of this financial support is on creating new areas of growth and opportunity for Pacific communities.  We want to support our Pacific neighbours to make the transition to a low carbon economy without hurting their existing economic base.”

Photo credit: Jordan Danielle/The Climate Group

Helen Clarkson, CEO, The Climate Group, welcomed the announcement: “It’s encouraging to see the Prime Minister announcing both climate action at home and climate action overseas. As countries step up to drive down emissions it’s important not to leave others behind. We need to ensure a fair and just transition to a clean economy that benefits us all.”

Also today, on stage at the Opening Ceremony of Climate Week NYC, President Hilda C. Heine of Republic of the Marshall Islands announced a landmark plan to reach net zero emissions by 2050, becoming the tenth country and the first island nation to submit a long-term decarbonization pathway to the UN Framework Convention on Climate Change.

The plan, called the ‘Tile Til Eo’ Climate Strategy, meaning ‘Lighting the Way’ in Marshallese, will help the country to achieve its 2025 emissions reduction target before 2020 – also making the Marshall Islands the first nation to confirm it will unequivocally raise ambition for the next stage of major international climate negotiations.

H.E. Dr. Hilda C. Heine, said: “Once again, my country has shown that if one of the smallest and most isolated nations can do it – so can everyone else, including the big emitters.

“Making the transition to net zero emissions makes sense for our global economy and for our environment, as well as for our people and our planet. If we are to keep temperature increases within the 1.5°C limit we agreed in Paris, every country must increase the ambition of their existing targets by 2020 and chart a long-term pathway to net zero emissions by 2050.”

Climate Week NYC is the time and place where the world gathers to showcase leading climate action, builds upon ambition, and demonstrates how to do more. Events and announcements are taking place on each day of the week – with a major business story on Tuesday.

Other high-level speakers at the Opening Ceremony included President Jovenel Moïse, Republic of Haiti; President Martín Vizcarra of Peru, the first South American country to enshrine into law its targets to achieve the Paris Agreement; Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change, and the CEOs of ENEL, Ricoh, IKEA Group and others demonstrating business leadership on renewable energy.

Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change, said:

“It is my hope that on its 10-year anniversary, NYC Climate Week and the presence of many world leaders, will once again gather decisive political support for a successful outcome at COP24.”

She continued: “This year’s Climate Change Conference – COP24 – to be held in Poland in December, will see a final round of negotiations on the guidelines that will tell the world how to implement the Paris Agreement fairly and transparently for all, while respecting countries’ different realities at home. These implementation guidelines will unlock practical climate actions and need to include the increased provision of support, especially finance, to boost developing countries’ actions.

Last night iconic New York buildings including The Empire State Building, 1 World Trade Center and New York City Hall were lit up green for Climate Week NYC. Photos are available.

Photo credit: Jordan Danielle/The Climate Group

Climate Week NYC Media Portal

This year we have introduced a Climate Week Media Portal – you can log in here to find all the latest on Climate Week NYC including press releases, as well as agendas, logos, photographs and videos in the lead up and during the week itself. The link to log in to the Portal is here and the password is ClimateWeekNYC2018.

About The Climate Group

The Climate Group’s mission is to accelerate climate action to achieve a world of under 2°C of global warming. We do this by bringing together powerful networks of business and governments that shift global markets and policies. We focus on the greatest global opportunities for change, take innovation and solutions to scale, and build ambition and pace. We are an international non-profit organization, founded in 2004, with offices in London, New Delhi and New York. Our business campaigns are brought to you as part of the We Mean Business coalition.

Visit TheClimateGroup.org and follow us on Twitter @ClimateGroup and Facebook @TheClimateGroup.

About Climate Week NYC

Climate Week NYC is the time and place where the world gathers to showcase amazing climate action and discusses how to do more. Taking place between September 24-30, in New York City, this is the 10th annual Climate Week NYC, run by The Climate Group in coordination with the United Nations and the City of New York. Climate Week NYC is one of the key summits in the international calendar and has been driving action forward since it was first launched by The Climate Group in 2009. We host government ministers, investors, governors, CEOs and mayors from across the world; they are shaping markets and setting policy to make climate action a reality.

Visit ClimateWeekNYC.org and find out more on Twitter #ClimateWeekNYC.

Climate Week NYC Sponsors and Supporting Partners:

With thanks to AB InBev, Microsoft, Mars, ROCKWOOL Group, JP Morgan Chase & Co, International Copper Association, Bank of America, National Grid US, Johnson & Johnson, Colgate, Anesco, LeasePlan, Estée Lauder Companies, Orsted, TERI, Essential Costa Rica, IKEA Group, Raw London, Pfizer, Solid Power, S&P Global, The Rockefeller Foundation, WePower, 3Degrees, Lyft, Empire State Building, Event! Merchandising, NYC & Co., The New York City Mayor's Office of Recovery and Resiliency, The New York City Mayor’s Office of Sustainability.

 

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