CDM ISSUES AND WAY FORWARD: WHAT NEXT AFTER 2012?<br />Wide political recognition that it is a serious threat<br />Many argue that warming must be kept to less than 2°C degrees to avoid the worst effects<br />
The international agreements<br />UN Framework Convention on Climate Change (UNFCCC) <br /><ul><li>Rio Conference on Environment and Development 1992
192 Parties</li></ul>Kyoto Protocol<br /><ul><li>182 Parties – in force in 2005</li></li></ul><li>Article 12 of Kyoto Protocol<br />assistance will be provided to parties not included in Annex I in achieving sustainable development <br />contributing to the ultimate objective of the convention, and to assist parties included in Annex I in achieving compliance with their quantified emission limitation<br />real, measurable, and long-term benefits related to the mitigation of climate change’<br />
SUCCESS OF CDM AND DILIGENCE OF UNFCCC<br />38 Designated Operational Entities (DOEs) <br />137 Designated National Authorities (DNAs) <br />167 methodologies have been approved. <br />‘it’s time to scale up and enhance the mechanism to release its full potential’-Chair of CDM –EB <br />“CDM has suffered from its own success”-EB.45<br />Administrative<br />Project Understanding<br />Project motive<br />
At the cross road of COP-15Mature-Effective-Fast<br />four strategic objectives: <br />• need to ensure sustainable economic development;<br />• effective development and penetration of clean technologies;<br />• establishment of an effective international carbon market over the long term; <br />• integration of adaptation in development and natural resource management decision-making<br />
Design features of a post-2012 <br />Broad participation<br />Consideration of national circumstances<br />Environmental effectiveness<br />Quantitative commitments<br />TECHNOLOGY AGREEMENT<br />Sectoral approach<br />
What can we expect from the COP-15?Political Essentials <br />1.How much are the industrialized countries willing to reduce their emissions of greenhouse gases? 2. How much are major developing countries such as China and India willing to do to limit the growth of their emissions?<br />3. How is the help needed by developing countries to engage in reducing their emissions and adapting to the impacts of climate change going to be financed?<br />4. How is that money going to be managed?<br />
Moves of US, China and India<br />MOU Between US and China<br />[sound like “feel-good diplo-speak”]<br />AMERICAN CLEAN ENERGY AND SECURITY BILL (ACES)<br />[80% of 2005 emissions in 2020, 58% in 2030 and 17% in 2050]<br />Violation of WTO regulaton<br />
What should be the India’s position?<br />Recent response: <br />emission caps would not cut ice in India<br /><ul><li>in per-capita terms, india ranks a low 137th.
40% of the households in the country are even without an electricity connection.
And there are 300 million people living in abject poverty.</li></ul>Rich countries have been responsible for more than 70% of the emissions between 1850 and 2000. India’s contribution to emissions during these same years was a paltry 2%.<br />Canada, US, Europe, and Japan together account for more than 50% of the current emissions and India only 4.4%. <br />
Between now and Copenhagen<br />A very busy schedule of meetings, including AWG-LCA, AWG-KP and regular Subsidiary Body meetings in Bonn<br />Must be selective and focus on the most important issues <br />
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