Introduction by Dagfinn Høybråten,
Secretary-General of the Nordic Council of Ministers
COP21: Follow-up is crucial
The Nordic pavilion at COP21 was a great success, bringing together decision makers, experts, NGOs and climate negotiators from all over the world. More than 2000 people attended our events and more than 7000 followed them via livestream. Ministers from the Nordic countries played key roles in bringing about the final Paris agreement and their teams of negotiators worked tirelessly to make ends meet.
Now the focus is on follow-up. How can this successful agreement be turned into a reality and ensure the goals set forth? This issue of “Green Growth the Nordic Way” looks at two factors in this endeavor, namely financing for climate initiatives and parliamentary engagement and pressure on governments to deliver the results promised.
In terms of financing, it was agreed already at COP15 in Copenhagen to raise $100 billion per year by 2020 to help developing countries cut carbon emissions. This pledge was renewed in the Paris agreement, but it is hardly enough to meet the demands. We take a closer look at the work done by amongst others SEB and the Nordic Investment Bank to promote green bonds and establish new mechanisms for more climate investment.
Many of the side events at the Nordic COP21 Pavilion focused on the task of parliamentarians in terms of ensuring an effective follow-up to the Paris Agreement. In our second article in this issue we ask some of the participants why this is such an important task and what they see as their main role. There is much work ahead and the Nordic Council of Ministers will keep doing our bit. The Nordic follow-up to COP21 is already being planned, so stay posted and enjoy your reading of this issue of “Green Growth the Nordic Way”.
Secretary-General, Nordic Council of Ministers
For more info on the Nordic COP21 Pavilion, please go to www.norden.org/cop21.
See also the video New Nordic Climate Solutions at COP21