Tuesday, December 4, 2007

"Progress in Bali" Business Scorecard

The Bali negotiations must accelerate progress on pre-2012 emissions reductions, while committing countries to a roadmap for post-2012 negotiations that incorporates the following elements:

 
1.Conclusion of negotiations on a post-2012 regime by 2009
 
2.Consideration of the Vienna AWG conclusions that referenced the IPCC’s scientific findings regarding climate stabilisation:
a.global emissions need to peak and begin to decline in the next 10-15 years
b.global emissions need to be at least halved by 2050
c.aggregate emission reductions by industrialised countries should be in the range of 25-40% below 1990 levels by 2020
 
3.Reference to the need for rapidly industrialising developing countries to make measurable contributions to global efforts in accordance with the principle of common but differentiated responsibilities and respective capabilities
 
4.Recognition of the need for continuity in the legally binding framework underpinning the carbon market as well as its enhancement and expansion, including development of new post-2012 carbon finance instruments
 
5.Identification of the need to accelerate technology transfer and deployment through the creation of better national enabling environments with support from international collaborative efforts, particularly public-private risk sharing for new technologies
 
6.Recognition of the need to engage the private sector in efforts to address adaptation needs and reduce emissions from deforestation
 
7.Launch of pilot projects to test out new instruments for international cooperation and enable learning by doing that can inform negotiations
 
8.Enhanced efforts to improve the availability, reliability and comparability of business emissions monitoring and reporting

1 comment: