Draft Resolution: VIVA LA FRANCE Agenda: Discussing the sustainability of the oil economy and the global transition to green energy Sponsors : The French Republic Signatories : Federal Republic of Germany, Kingdom of Denmark, United Arab Emirates, Commonwealth of Australia, Kingdom of Sweden, Republic of Ghana, Republic of India, Islamic Republic of Iran, Socialist Republic of Vietnam, Kingdom of Norway, The United Kingdom of Great Britain and Northern Ireland,Islamic republic of Iraq,The Republic of Philippines, Switzerland, Kingdom of Thailand The United Nations Development Program, Guided by The Montreal Protocol and its subsequent Kigali Amendment in 2016, Noting with Regret the disastrous environmental consequences of the current oil economy and the rise in global temperature continuing at the current pace according to the IPCC reports that point towards heat waves, droughts and floods, rising seas, arctic ice thaws, air and water pollution and species loss among others, Noting with deep concern the social and economic exclusion faced by landowners and residents of oil rich areas affected by the highly disproportionate revenue distribution, Emphasising on the need of governments, international organisations, and private sector entities to collaborate to provide financing and technical assistance for sustainable energy projects, Aware of the goals set by World Energy Transitions Outlook 2023 by IRENA, The 2013 Doha Commitments, IEA Net Zero Roadmap and the Paris Agreement of 2015, 1) Encourages the international community to reduce trade friction with countries that contribute by manufacturing and exporting clean energy technology, which can help other countries achieve their decarbonisation goals; 2) Emphasises the proper implementation of Article 4.10 of the United Nations Framework Convention on Climate Change with respect to the global transition to green energy by ensuring that the implementation of the transition response measures is equitable and does not adversely affect developing countries, particularly those that are dependent on fossil fuel production, export and processing by; a) Keeping in mind the technological and financing needs, particularly in developing countries concerning their workforce and their marginalised and vulnerable populations, b) Ensuring that the social and economic conditions for these said populations remain stable or are improved; 3) Advises the strengthening of international cooperation arrangements like The Paris Agreement that need to be enhanced or scaled up to better address equity, economic diversification, just transition for the workforce and other marginalised sectors, and the impact of response measures a) Suggests governments negotiate a universal carbon price rather than focus on country emissions limits as an alternative approach, b) Advices for an amendment in The Paris Agreement to be based on each nation’s accumulation of emissions over time rather than being limited only to the current Carbon Dioxide emissions; 4) Further invites the international community to establish funds like the Loss and Damage Fund at COP27 which aims at providing financial assistance to poorer countries, which are often most vulnerable to environmental disasters a) The fund shall initially be housed at the World Bank, b) Suggests countries in economic positions of power to pledge money to these funds and further increase donations to the Green Climate Fund for example; 5) Draws the attention of the international community to groundbreaking new technological advancements and suggests the integration of these green energy innovations into their energy sector a) Advancing in Solar Photovoltaics by deploying floating solar farms to help maximise land use, b) Diversifying renewable energy sources by investing in geothermal advancements and ocean energy among others, 6) Suggests the creation of a board of emission inspectors called board of emission inspectors(BETI) that inspect the net emissions of the respective country and reports back to the UNDP and the matters of the reports will consist of: 1. Extraction and Processing Emissions 2. Transportation and Distribution Emissions: pipeline leaks, transportation, burning of natural gas (flaring) 3. Methane Emissions: Natural Gas; 7) Encourages Corporate Social Responsibility initiatives ( CSR) in pertinence to working towards the UNSDG 7 and making it a part of the CSR obligation to work towards green energy solutions.