Dear Colleagues
Please see my new blog “What could possibly come out of Cancun? At FAN
website
https://mail.google.com/mail/?shva=1#search/scope%40scope.org.pk/12cc4185cf133a07
http://www.freshwateraction.net/content/what-could-possibly-come-out-cancun
look for the following issues how they are decided in next 3 days;
- Whether to continue Kyoto Protocol (KP), which is a binding agreement for
emission reduction and supported by developing countries. Its first round of
targets or commitment period ends in 2012, and to decide on the length of
second commitment period of the next round of targets, for example whether
to 2017 or 2020. As I reported in earlier blog Japan is not in favour of
continue the KP because still very few countries have ratified it
- Decision on whether to cancel surplus, tradable emissions credits owned by
countries that are well below their 2008-2012 Kyoto targets. Credits are
called assigned amount units (AAUs) Emissions targets
- Decision on setting up new national targets either under the 1997 KP or
the 1992 U.N. climate convention, or both
- Some industrialized countries do not like KP, as so far it has only
controlled the emissions of developed countries. A way out may be to note
new targets in an appendix to KP and the convention
- Refer to a long-term goal, for example to limit warming to less than 2
degrees Celsius (3.6 degrees F)
- Mention the widely held scientific view that emissions targets pledged so
far are too weak
- Review in 2013-2015 whether targets need strengthening Measurement
- Measurement, reporting and verification (MRV)
- Agree to measure developed country emissions, for example annually, and
also their contribution to climate aid funds
- Agree to measure developing countries greenhouse gases and their actions
to slow emissions growth, perhaps every two to four years
- Agree common accounting standards, for example on measuring carbon
emissions from forests
- A political agreement to pay tropical countries not to clear natural
forests, called reduced emissions from deforestation and degradation (REDD)
- Launch a program to set rules
- Delay decision on whether to include the scheme under an existing market
in carbon offsets called the clean development mechanism (CDM)
- Agree safeguards for wildlife and indigenous peoples i.e. Green fund
- A political commitment to establish a new long-term fund to help
especially the least developed countries cut carbon emissions and prepare
for climate change
- The fund would articulate with a commitment countries made in Copenhagen
last year to raise $100 billion annually by 2020
- Launch a program to decide the board structure including the split between
developed and developing countries
- Link new sources of financing, including the proposed new green fund, as
well as “fast-start” funding of $30 billion from 2010-2012 agreed last year
in Copenhagen
- Create a disaster relief mechanism, to help countries which have suffered
extreme weather events
- Launch a “technology mechanism,” including establishing regional
technology centers in developing countries in Asia, Latin America and Africa