At the 26th Conference of Parties in Glasgow, several countries set targets of achieving net zero greenhouse gas emissions, with India committing to do so by 2070. Along with renewable energy generation and decarbonisation, the land-use sector holds tremendous potential in contributing to the net-zero agenda in many developing countries.
Achieving zero hunger by 2030 can be facilitated through green growth investments in the agriculture, forestry and land use (AFOLU) sector. Significant levels of finance are needed to support countries to implement such strategies, with private finance a key source.
The great expansion of economic activity since the end of World War II has caused an unprecedented rise in living standards, but it has also caused rapid changes in earth systems. Nearly all types of natural capital—the world’s stock of resources and services provided by nature—are in decline.
Over the last decade, the agriculture, forestry, other land uses, and fisheries (AFOLU) sectors were responsible for 13-21% of global greenhouse gas (GHG) emissions (IPCC, 2022, IPCC AR6 WGIII, Chapter 7).
46 out of the 47 countries in sub-Saharan Africa (SSA) submitted a first nationally determined contribution (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC) as of 31 December 2020; South Sudan submitted an intended nationally determined contribution (INDC) back in 2015 but has yet to ratify the Paris Agreement.
Region-wise analyses highlight that the agricultural growth in the western, central and Bundelkhand regions significantly depend upon the basic infrastructure including adequate power to the agricultural sector, better road network, and irrigation development, though the variable power to agriculture was insignificant in Bundelkhand.
This working paper provides an overview of climate commitments and actions from non-state (businesses and civil society) and subnational (cities, subnational regions) actors in the Latin America and the Caribbean (LAC) region.