The Ministry of Environmental Protection, together with the UNDP and the Environment Agency Austria, organized a meeting within the project “Establishing a Transparency Framework under the Paris Agreement”. The project is implemented by the Ministry of Environmental Protection, with the technical support of the UNDP and financial support of the Global Environment Facility (GEF).
The achieved and expected results of this 3-year project were presented, as well as the draft mitigation and adaptation components for the Revision of the Nationally Determined Contribution of the Republic of Serbia to the Paris Climate Agreement (NDC).
Draft components of the NDC document were prepared in cooperation with a team of experts and members of the inter-ministerial project working group and are publicly available (link).
An international team of experts from the Environment Agency Austria, engaged for the development of monitoring, reporting and verification (MRV) system in the field of climate change, presented the key steps in establishing a functional MRV system and accompanying IT tool that should be launched by the end of 2021. Also, updates of the draft legal framework in line with revised EU MRV requirements (PLAC III project) were presented.
During the second part of the meeting, the first Study on Socio-Economic Aspects of Climate Change was presented. The Study showed the effects of climate change on different sectors and systems, analyzing several different temperature increase scenarios by the end of the century. Moreover, the draft of the first study on climate change financing was also presented including the Climate Budget Tagging (CBT) Implementation Design.
In the conclusion, the importance of strengthening partnerships between various actors, state bodies and agencies, civil society, the private sector and the international community was emphasized in order to accelerate the implementation of nationally determined contributions in Serbia and ensure standardized and comparable results.
Presentations are below: