An event on international cooperation to achieve a successful 2050 net-zero transformation highlighted that Greenland loses 10,000 tons of ice every second, threatening to submerge such countries as the Marshall Islands. The 2022 NDC Synthesis Report, discussed during a high-level event on the need for a system-wide transformation of UN partners, shows that achievement of 1.5°C pathways has been hampered by the lack of adequate national financial capacities for implementation of the Paris Agreement. Small-scale farmers produce up to 70% of the food in developing countries but receive only a tiny fraction of climate finance, an FAO event emphasized.
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