Organization of the Petroleum Exporting Countries (OPEC):Views on efforts related to addressing the social and economic consequences and impacts of response measures for input to first technical assessment (TA) for global stocktake (GST)
Category: UNFCCC
Document Type: Submission To The Global Stocktake
Role: Main
OPEC emphasizes that climate response measures have significant, uneven socio-economic impacts on energy-exporting developing countries, necessitating increased climate finance from developed nations, differentiated responsibilities, and policies that ensure an inclusive, equitable, and just transition while avoiding adverse consequences.
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Tags: Cbdr, Climate Change, Climate Change Risks, Climate Finance, Climate Justice, Co Benefits, Covid 19, Development, Energy, Energy Demand, Energy Transition, Equity, Finance, Fossil Fuels, Fossil Fuels Curbing Measures, Funding, Ghg, Just Transition, Mitigation, Oil, Oil And Gas, Paris Agreement, Policy, Sdgs, Social Justice, Technology, Unfccc