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Current State Future State Powerpoint Template

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Current State:

Transcript: Support for mitigation effort NO to conditionality Move away from predetermined plans by funder to funding a process to encourage development and ownership of low-carbon agenda Align around strategy Support low-carbon development and well-specified mitigation actions Current State: Emissions have increased by 25% since Kyoto Protocol was negotiated. Little transformational change in countries' development strategies Global Environment Facility is short on $$$$ Global regime fails to inspire Areas of support finance, technology capacity building Public Finance must be scaled up possible method: funding agreements based on agreed assessment criteria Market Based Mechanisms Do away with Clean Development Mechanism project based credits Sectoral or policy-based credits Agreement occurs as outcome of negotiations binding targets for developed countries; specific policy actions for developing countries projections of emissions at minimum Legality? Robust support Measurable Reportable Verifiable mechanisms for support in developing countries support through multilateral instrument is most verifiable Very broad and can incorporate a variety of action Advantages developing countries have valued input Each country has a package tailored to their circumstance Policies can be scaled or tiered (stronger action = stronger support) no binding quantified emissions limits Equity v. Environment (core goal) Environmental: problem: global collective action solution: negotiated commitments for reduction Equity: problem: wealthy countries disproportionately using finite resources solution: allocation principles based on equity Approach the issue in spirit of Pluralism and Pragmatism Early action by the North (early and strong mitigation) Robust equity principle for developing nations Integrated Multitrack Climate Framework Burden Sharing and Opportunistic Early Action Development & Climate Change Until recently Climate change not seen as opportunity to rethink development Growing political awareness CHAPTER 5: Integrating Development into the Global Climate Regime Making it work.... Policy-Based Mitigation Track Target Track Developed countries establishes binding economywide emissions targets (*succeeding the Kyoto Protocol's first period) Policy-based Track countries agree to undertake actions/policies that have the effect of reducing emissions and emissions growth Points of Tension: Environment and Equity Conditionality in Financing and Ownership Meeting development aspirations and forging an equitable climate regime Climate Regime requires simultaneously addressing multiple goals equity climate social and economic development Burden sharing suggests considerable costs Early Action is an opportunity to be seized narrative seizing advantage by moving first narrative however is unmatched by action climate+industrial development = COST countries also likely to hold burden sharing stance publicly However a silver lining is necessary to get the hard work started Predictable Climate Outcome and Unpredictable Development Process Global Goal Troublesome for developing countries Development is a process of change driven from below One size does not fit all Characterization of change applies equally to wealthy countries Internalizing objective in larger development processes short-term+long term = winning plan *should not compromise living standards

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