COP26
This was
COP26
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The KliK Foundation welcomes the Glasgow Climate Pact
Last week the global leaders adopted the Glasgow Climate Pact! At its 26th meeting the COP has set a landmark that forms the basis for the next decade of joint efforts to fight climate change at a multilateral level. The KliK Foundation had its appearance at the COP and welcomes the adoption of stringent rules that will govern climate change collaboration for the years to come.
The Paris Agreement provides for collaboration between countries under its Article 6. As part of the Glasgow Climate Pact, detailed rules have been adopted to set the modalities for collaboration. The KliK Foundation welcomes the stringent rules that effectively prevent double counting of emission reductions. Switzerland did play an important role in the negotiation of ambitious rules and could bring to bear its frontrunner experience from piloting concrete collaboration.
The KliK Foundation at COP26
Mischa Classen and Michael Brennwald met with partners from business and governments to discuss the development of activities and explain the benefits of the collaboration with Switzerland. Potential for further high ambition activities could be identified to mitigate emissions in addition of the targeted domestic measures.
Ministerial press conference on pioneering Article 6 Agreements
Swiss Minister Simonetta Sommaruga and Ministers from partner countries underpinned the relevance of bilateral agreements for raising ambition. Michael Brennwald declared the continued support and willingness of the KliK Foundation to act as a trustworthy funding partner for activities under the agreements.
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Pioneering cooperative approaches
Mischa Classen was part of the official side event hosted by the governments of Switzerland and Peru and Gold Standard, elaborating on novel avenues to ensuring highest ambitions in compliance targets and voluntary climate action.
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Operationalising Article 6
KliK hosted an event at the IETA pavilion in which development partners of the KliK Foundation shared their views and learnings in setting up concrete activities under Article 6.
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Launch of Climate Action Catalyst Fund by the Asian Development Bank ADB
Michael Brennwald formally declared the potential interest of the KliK Foundation to invest in the USD100m facility, pending agreement on governance and criteria.
Concrete steps to participate in Article 6.2
At an event at the pavilion of Turkey Mischa Classen explained that collaboration under Article 6 is real and what requirements and what concrete steps are to be taken for a country to participate in a collaboration with Switzerland.
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