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WEDNESDAY, NOVEMBER 25, 2009

New Delhi: The United Nations will release this week the negotiating texts for the December summit on climate change in Copenhagen, marking another milestone in the countdown to a gruelling battle over the funds developing nations need to mitigate greenhouse gas emissions.

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The texts, to be released by the United Nations Framework Convention on Climate Change (UNFCC), will be debated by ministerial delegates when they meet in Bonn, Germany, next month, one of a slew of meetings running up to the Copenhagen summit that will be attended by 190 countries. The pages of text will be scrutinized, bitterly disputed, erased, rephrased and bracketed many times over before any agreement is reached.

A key issue is a proposal for “long-term cooperative action” that would spell out the action to be taken by developing nations to reduce emissions. The mitigating action is to be funded by advanced countries held responsible for most of the emissions responsible for global warming.

Also See Country Positions (Graphics)

But this is where agreement is elusive. Not only are the sources of finance unclear, because of the global recession, but the process of financing and the agencies to be used to channel the funds are also under debate. Mint reported on the lack of finances to mitigate climate change on 12 May.

Another issue is whether developing countries will agree to expose their mitigation plans (known as nationally appropriate mitigation actions, or Namas) to global scrutiny and review before developed countries have offered finances to fund a low-carbon path.

Any mitigation project, its performance targets or mitigation impact will not be measurable, verifiable or reportable (MRV) unless finance and technology to reduce emissions are put on the table, said Shyam Saran, the prime minister’s special envoy on climate change. “There is no such thing as MRV for mitigation action with no MRV for finance and technology,” Saran said in an interview.

“We welcome the idea of an international registry (for mitigation projects) with legal status. We have no problem with (a) review of projects either. But developed countries are saying not only these actions but your entire plan on sustainable development should be subject to international scrutiny, and that we cannot accept.”

During negotiations, China and India have called for 1% of the developed world’s gross domestic product (GDP) to be committed to developing countries for emission cuts. As of now, negotiation submissions do not mention any concrete financial commitments.

Who will control and facilitate the distribution of funds and review the performance of mitigation projects is also a matter of debate. The Group of 77 (G-77) developing countries and China have opposed channelling any funds through the Global Environment Fund or the World Bank. The G-77 argues that unlike the UNFCCC, in which every country has a single vote, agencies such as the World Bank are undemocratic.

Saran added: “Money needs to be governed by all parties under the UNFCCC. The money or projects cannot be donor-driven. Donors cannot dictate how the money will be spent on which country, which is what is happening to most programme funds under UN agencies.”

The conference in Copenhagen will negotiate a treaty that will set commitments for reducing greenhouse gas emissions beyond 2012, after the expiry of commitments made under the Kyoto Protocol.

Graphics by Ahmed Raza Khan / Mint

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Anandi Said:


Thank you very much for your report. We have been building a campaign to translate India's position at the Ad Hoc Working Group on Long Term Cooperative Action into a negotiating strategy at Copenhagen. India says: we must "effect deep long-term reductions in global greenhouse gas emissions with appropriate mid-term emission reductions, based on an equitable allocation of the global atmospheric resource, in order to prevent dangerous anthropogenic interference with the climate system, while enabling developing countries to exercise the right to development and rectifying unsustainable life-styles in all countries". To do this we must, in parallel to the CDM set up a global allocation of emission allowances. This year emissions are 50 million Gg Co2e. We give everyone 0.006 Gg CO2e (6 tCO2e). Once each country has its emission allowances, it uses them, or if they need more buys them, if they need less, sells them. This is thus what the US and the EU are doing internally, done on a global basis. This will secure all countries the necessary finances for adaptation and energy price rise; whilst CDM (offsetting) can take care of renewable energy financing (mitigation and technology). Many people including the USA know this is the sensible approach - they do not want Kyoto anymore. They want a new "Implementing agreement" for the Convention. Will they be willing to buy around 60% of their required emission allowances from developing countries? In this case we do not need USAIDs "hand out" of emission allowances to the Adaptation Fund (See the Waxman Energy Security Act). All countries will get their own emission allowances under the UNFCCC to trade, whether they need them or not. if they need them, fine. if they do not, sell them to the polluters. In Year 1 Bangladesh would get 19 billion Euro. For this developing countries have to be united. the chances are good.

Posted On 5/20/2009 7:28:02 PM