Monday marks the start of the most important carbon and climate change conference in 2010. Here's what is in store over the next 10 days:
- Climate Financial Aid; Status - a $30B quick start fund over 3 years has been widely discussed and contributed to, but the mechanics, “newness” of funds and the path to ~$100B a year by 2020 is still up for debate.
- Curbing deforestation by developing countries; Status – the UN REDD program has created a framework to incentivize preservation, which needs to be endorsed and scaled by nations.
- Technology transfer; Status – progress has been made conceptually in recent meetings, but IP issues remain outstanding, and India has submitted a policy proposal.
- Emissions governance oversight; Status – measurement, reporting and verification (MRV) framework has been proposed by India.
- Emission reduction commitments; Status – minimal momentum for increased commitments from key nations, especially US or China.
- Emissions trading systems and governance; Status – minimal discussion at this point, but learnings exist from Kyoto.
- Status of Copenhagen accord; Status – uncertain whether this agreement lacking international consensus can be incorporated into global accord.
- Kyoto expiration; Status – likely to sunset without extension, despite China suggesting such, as developed countries demand inclusive emissions constraints.
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