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Reimund Schwarze
Panel presentation at the IGEL conference workshop 2010 session: The Future of Carbon
Content
1. International Climate Negotiations 2. The Copenhagen Accord
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2. Kyoto-Protocol
Legally binding commitments of developed countries (Annex B) to emissions reductions of 6 GHGs until 2012, marked-based instruments (IET, CDM, JI)
190 signatories, Organ: COP serving as the meeting of the Parties to the Kyoto Protocol (CMP)
3. Bali-Roadmap
Ad hoc Working Group Long Term Cooperative Action (AWG-LCA) Ad hoc Working Group Kyoto Protocol (AWG-KP)
4. Gleneagles-Processes (G8+x)
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$30 billion from 2010-2012, $100 billion per year by 2020 Copenhagen Green Climate Fund/High-Level Panel
5-15-25% below 2000 5-15-25% below 2000 20% below 2006 6% above 1990 20-30% below 1990 15% below 1990 25% below 1990 17% below 2005 5% below 1990 20-30% below 1990 30% below 1990 25% below 1990
New Zealand
Norway Russian Fed. Switzerland
0%
+1% 0% -8%
-10 to -20%
-30 to -40% -15 to -25% -20 to -30%
Ukraine
USA
0%
-7%
-20%
-3%
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Costa Rica
India
Indonesia
Maldives
Mexico
South Korea Singapore South Africa
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EU 27
Inadequate
EU27s low ambition target of 20% below 1990 would not meet the proposed long-term target of 80-95% below 1990 by 2050
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Developed countries aggregate reductions 7-14% below 1990 levels by 2020 does not meet 25-40% range consistent with lowest stabilization scenario in IPCC
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Russian Federation
Surplus emission allowances from Kyoto period for all developed countries estimated to be 9 -11 GtCO2eq
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India
Target of 20 to 25% below 2005 emissions per unit GDP equivalent to business as usual
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China
Target of 40 to 45% below 2005 emissions per unit GDP equivalent to business as usual
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Brazil
Roughly half of emissions from forestry Reduction of 36.1-38.9% below BAU, majority from reduction in deforestation
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Summing up
1. Copenhagen Accord goal of limiting warming to below 2C is not consistent with current 2020 emission reduction targets 2. Developed country aggregate does not meet 25-40% below 1990 range consistent with lowest stabilization scenario in IPCC 3. Surplus emission allowances and forestry accounting can significantly impact the functioning of global emissions trading 4. To achieve stated Copenhagen Accord goal, countries should adopt longer term emission reduction goals (at least 50% below 1990 globally by 2050)
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Success or failure?
Important step ahead: Defining the meaning of Art. 2 UNFCCC (2C-goal) First time all major emitters involved
but major weaknesses: Purely political decision, not legally binding Voluntary pledge and review system Lacking verification for unilateral activities in developing countries Missing linkages to global emission trading Missing long-term targets (2050), no peaking year: inconsistent with 2C goal!
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00:00:00:00
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