1 / 8

Keeping Hope Alive: What did Doh a Deliver?

Keeping Hope Alive: What did Doh a Deliver?. January 16, 2013 | 10:00 AM EST Speaker: Xueman Wang Team Leader, Partnership for Market Readiness World Bank . Doha Gateway: A Gateway to Global Action . Keeps the Kyoto Protocol alive Launches a new commitment period

hewitt
Download Presentation

Keeping Hope Alive: What did Doh a Deliver?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Keeping Hope Alive: What did Doha Deliver? January 16, 2013 | 10:00 AM EST Speaker: Xueman Wang Team Leader, Partnership for Market Readiness World Bank

  2. Doha Gateway: A Gateway to Global Action • Keeps the Kyoto Protocol alive • Launches a new commitment period • Reviews the commitment in 2014 • Streamlines the pathway to a global agreement on climate change • Closes a negotiating track launched in Bali 2007 • Establishes a timetable and milestone for 2015 Agreement • Continues the efforts to raise the level of ambition to close the mitigation gap • Consolidates the architecture for implementation • Transparency for implementation (“MRV”) • Adaptation • REDD+ • New approaches to market instruments • Finance • Technology

  3. Kyoto Protocol: Doha Amendment • Second Commitment Period until 2020 • But the mitigation targets only cover 15% of global emissions • Canada has withdrawn from the Protocol; • Japan, Russia and New Zealand will not join the second commitment period • Use of the Kyoto Mechanisms (e.g.CDM, JI) • Countries that will not join the second commitment period • will not be able to use the CDM/JI • Carry over“AAUs” – “hot air” from the first to the second commitment period • Rules related to accounting AAUs will be further developed; • A group of developed countries have declared that they will not purchase AAUs during the second commitment period

  4. Durban Platform: A New Round of Negotiation:Defining a future climate regime • Raises the level of ambition (before 2020) • Seeks additional action to close the mitigation gap • A process to prepare for adoption of a global climate agreement in 2015 • Workshops to build common understanding • Producing a negotiating text by 2014 • A summit convened by the UN Secretary General in 2014

  5. Implementation Architecture: Finance Finance • Long term financing: • Pathway from Fast Start Financing to reaching US$100bn by 2020 • $8.5bn in new financing pledged (UK, Germany, France, Denmark, Sweden and EU Commission) • Green Climate Fund: • Institution: Confirming Songdo, South Korea, to host GCF • Relationship between the GCF Board and the Conference of the Parties • Private Sector Facility

  6. New Approaches to Market Instruments • A decentralized approach: • Bilateral crediting mechanisms • Domestic mechanisms • A centralized approach • (New Market Mechanism): • Sectoral and/or • project based • Set up under the UNFCCC • Key issues: • How to ensure credibility and transparency (“e.g. real emission reductions”) • How to avoid “bureaucracy”? • What is relationship with the UNFCCC CoP?

  7. Loss and Damage • Addressing loss and damage in poor and vulnerable countries as a result of climate change • Assessing impact • Possible institutional mechanisms

  8. Thank You!

More Related