The Asia-Pacific region is known to many of the nations, economies, and people most affected by climate change. Therefore, the region carries a significant share of the responsibility for reducing its growing susceptibility to climate change by swiftly adopting low- or zero-carbon routes and increasing investment in resilience.
In this regard, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) will host a number of COP27 side events and other activities in conjunction with member states and other partners, showcasing the findings of regional discussions and creative efforts on a global level.
ESCAP’s participation in COP27 will also highlight a number of crucial suggestions for the region’s nations, such as:
- The necessity of focusing on climate justice from a variety of angles, such as gaining access to financing at preferential rates
- Taking steps to reduce debt that takes into account the relationship between rising debt and the effects of climate change
- Reassessing how to gauge society’s well-being while fully accounting for environmental factors and how they interact with economic and social progress;
- Protecting development gains and nations from cascading crises will require investing in catastrophe risk reduction and resilience
- By 2050 to 2060, the region must link its growth plans and policies with its pledges to achieve carbon neutrality
- Regional collaboration to jointly promote the implementation of the amended NDC and the commitments to carbon neutrality
