Nations of the Greater Mekong region can adopt Asia’s first regional climate change agreement. This agreement would:
- incorporate climate change adaptation into current development plans
- guarantee equitable trans-boundary management of high conservation value areas
- provide a solid basis for long term funding mechanisms
- define and implement regional standards for sustainable development
- provide a platform for regional environmental compensation schemes
- ensure that development is based on agreed regional land-use plans.
Why would this work?
Regional coordination and collaboration on tackle climate change would improve the chances of successful adaptation to climate change because:
- The ecosystem services at stake have a trans-boundary nature. The Mekong River, marine resources, the forests and species within them all cross borders.
- Large challenges require large solutions, which are beyond the capacity of any nation in isolation. Protecting the river, ensuring food security, and coping with migration are all tasks demanding regional cooperation.
- It would provide a framework and platform
How would it work?
Such an agreement, could establish common targets for development and conservation to support the development aspirations of neighbouring countries. It should include:
- Emphasize ecosystem-based adaptation approaches that maintain the resilience of the region
- Strengthen existing governance structures and ensure participation of all stakeholders in preparing for climate change
- Act now to use existing knowledge to address climate change
- Include mitigation in adaptation strategies
- Ensure adequate resources are available for adaptation initiatives
What would it help?
A regional climate change agreement will help to:
- Avoid unintended negative consequences of individual responses to climate change.
- Atimulate additional funding by strengthening investor confidence in regional commitment to adaptation planning & REDD
- For national governments to negotiate joint solutions for displaced peoples
- For regional standards and certification that promote environmental best practice
- To promote integrated planning and coordinated investment