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COP-15

COP-15. United Nations Framework Convention on Climate Change Copenhagen, Denmark December 6-18, 2009. Bella Center. Environment and Energy Committee January 29, 2010. What happened in Copenhagen Decisions and next steps What it means for the US What is happening now. What Happened?.

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COP-15

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  1. COP-15 United Nations Framework Convention on Climate Change Copenhagen, Denmark December 6-18, 2009

  2. Bella Center

  3. Environment and Energy CommitteeJanuary 29, 2010 • What happened in Copenhagen • Decisions and next steps • What it means for the US • What is happening now

  4. What Happened? • 2 weeks of technical negotiations • Leaders negotiate final outcome • Copenhagen Accord drafted • Full plenary takes note

  5. Blocking and Battling • G77 (the bloc of developing countries) led by Sudan • “BASIC” – Brazil, South Africa, India and China • Tied up procedural debates, not wanting any decisions made by less than the full plenary of 192 countries

  6. 24-hour Debate • 28 countries, representing 80% of global emissions • Leaders and Heads of Delegation • President Obama personally worked with key countries to find compromise on all major contentious issues • Agreement on final language was struck

  7. Copenhagen Accord • Included 4 key elements: • Framework for long-term goal • Commitment to undertake mitigation programs • Agreement on transparency and verification measures • Commitment for prompt financing and goal for implementing mitigation and transparency actions

  8. UN-REDD • Reducing Emissions from Deforestation and Forest Degradation in Developing Countries • Plan on REDD mechanism in a post-2012 climate change agreement • Pilot countries: DRC, Tanzania, Zambia, Indonesia, Papua New Guinea, Vietnam, Bolivia, Panama, Paraguay

  9. What Now? • January 31st deadline for emissions targets • US urging countries to also formally “associate” with the Accord • Momentum within EU and US

  10. Consistent with US Priorities • Keep global temperature increases below 2 degrees C • Laid foundation for strong regime for measurement, reporting and verification (MRV) • Prioritized finance, forests, technology and adaptation • Provide momentum for domestic legislation

  11. US Legislation • Obama Administration • Boxer-Kerry: Clean Energy Jobs and American Power Act • Waxman-Markey: The American Clean Energy and Security Act

  12. Obama Administration • Billions in clean energy investments: upgrades, research and development, incentives • Memorandum to DOE to implement more aggressive efficiency standards for household appliances • More aggressive fuel efficiency standards

  13. Clean Energy Jobs and American Power Act • Private investment incentives for energy efficiency upgrades and innovation • Invest in research and development to create new jobs

  14. American Clean Energy and Security Act • Efficiency, efficiency, efficiency • Appliances, transportation, industrial energy and buildings • Renewable requirement • 6% in 2012, increasing to 25% in 2025

  15. U.S. - EU - Poland • Relationship between Poland and EU still in flux • Unlikely any global standards will be established • The Accord is not yet legally binding

  16. What is happening now? • Countries are notifying the UN Secretariat of their association • Inscribing their emissions targets • Seeking actual flow of pledged 10 billion in 2010 to begin implementation of various programs for developing countries • Lots of negotiations

  17. Impact and Contacts • Exact regulations are unknown at this time • EU, Poland, US and US state legislative bodies each developing policies at their own level • Keep it local • American Chamber of Commerce for the EU

  18. Q & A

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