building on the building blocks: possibilities and pitfalls on the road to durban

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Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban Andrew Light Director, International Climate Policy, Center for American Progress & Associate Director, Institute for Philosophy and Public Policy, George Mason University 1

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Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban. Andrew Light Director, International Climate Policy, Center for American Progress & Associate Director, Institute for Philosophy and Public Policy, George Mason University. Building on the Building Blocks - PowerPoint PPT Presentation

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Page 1: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Building on the Building Blocks:Possibilities and Pitfalls on the Road to Durban

Andrew LightDirector, International Climate Policy, Center for American Progress &

Associate Director, Institute for Philosophy and Public Policy,

George Mason University

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Page 2: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Building on the Building Blocks

1. Climate Diplomacyto Cancun

2. Paths to Governance?Kyoto vs. Copenhagen

3. An Agenda for Durban

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Page 3: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

1. Climate Diplomacy to Cancun

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Page 4: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Climate Diplomacy to Cancun

• The first Climate Treaty: UNFCCC, 1992/1994. 194 parties – consensus model.

- “Common But Differentiated Responsibilities” (CBDR)

• Kyoto Protocol, 1998/2004.

- Annex 1 (5.2% below 1990 by 2012) vs. Non-Annex 1.

• July 1997, US opts out. Byrd-Hagel Resolution on KP, 95-0.

• Bali Action Plan, 2007

- NAMAs. Emission reductions from emerging emitters in exchange for finance and technology.

- Creation of AWG-LCA. 4

Page 5: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Climate Diplomacy to Cancun

• Dec. 2009: The Copenhagen

Accord.

- First part of intended “two step” proposal by Danes.

- Aspiration to limit temperature increase to 2C.

- $30B fast start climate financing, 2010-2012; $100B annual fund by 2020.

- Outline of an agreement on Measurement, Reporting, and Verification (MRV).

- Requirement that parties associated with accord submit emission reduction plans by end of January 2010.

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Page 6: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

The Cancun Agreements

• Dec. 2010: Against all expectation achieve political consensus on building blocks from Copenhagen Accord expanding agreements on mitigation, adaptation, MRV, technology, forestry, finance.

- Creation of “Green Climate Fund.” Specification on transitional committee.

- Agreement on MRV for non- supported developing country actions: “International Consultation and Analysis.”

- Creation of “Climate Technology Center” -- hub and spoke model.

- Showdown with Bolivia challenges consensus process – extended to Mexico-PNG proposal on ¾ voting rule.6

Page 7: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

2. Paths to Governance?: Kyoto vs. “Copenhagen”

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Page 8: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

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Presumed Open Paths to Governance

Kyoto Path “Copenhagen Path”

- Build out from existing - Build out from alternate treaty architecture. path in AWG-LCA.

Page 9: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

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Presumed Open Paths to Governance

Kyoto Path “Copenhagen Path”

- Build out from existing - Build out from alternate treaty architecture. path in AWG-LCA.

- Focus on legally binding - Legally binding or mechanisms (expectation not. of low ambition).

Page 10: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

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Presumed Open Paths to Governance

Kyoto Path “Copenhagen Path”

- Build out from existing - Build out from alternate treaty architecture. path in AWG-LCA.

- Focus on legally binding - Legally binding or mechanisms (expectation not. of low ambition).

- Treaty obligations drive - National interests drive mitigation goals. goals (savings, energy

security, etc.).

Page 11: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Presumed Open Paths to Governance

Kyoto Path “Copenhagen Path”

- Build out from existing - Build out from alternate treaty architecture. path in AWG-LCA.

- Focus on legally binding - Legally binding or mechanisms (expectation not. of low ambition).

- Treaty obligations drive - National interests drive mitigation goals. goals (savings, energy

security, etc.).

- Enforcement through market - Enforcement through exclusion. “shame and blame.”

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Page 12: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Deadlock from Bonn intersessional negotiations over past two weeks:

Focus on second commitment period for Kyoto or focus on building out Cancun building blocks.

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Page 13: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Presumed Open Paths to Governance

Kyoto Path Copenhagen Path

- Build out from existing - Build out from alternate treaty architecture. path in AWG-LCA.

- Focus on legally binding - Legally binding or mechanisms (expectation not. of low ambition).

- Treaty obligations drive - National interests drive mitigation goals. goals (savings, energy

security, etc.).

- Enforcement through market - Enforcement through exclusion. “shame and blame.”

- Covers ~35% of emissions.* - Covers ~80% emissions.

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Page 14: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

3. An Agenda for Durban

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Page 15: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

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Page 17: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Problem: While emission commitments go to 2020, finance commitments only go to 2012, resuming in 2020.

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Page 18: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

Minimum Gap

(billions)

Fast Start Funding

Copenhagen Pledge

International Offsets

Maintain “Fast Start” level (includes inflation)

Assume doubling in real terms (includes emissions permit auction revenues)

Assumes delay of non-EU carbon markets

Traditional Climate Foreign Aid

Ramp-up urgently needed Midpoint

Increase Climate Foreign Aid

“Ramp-up” Period

Additional $60 billion over three years

Page 19: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

No traction without finance – more important up to 2020 traction than new emission pledges.

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Page 20: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

2020

No traction without finance – more important up to 2020 traction than new emission pledges.

But this won’t happen unless South Africa sets an aggressive agenda from the COP presidency.

Page 21: Building on the Building Blocks: Possibilities and Pitfalls on the Road to Durban

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No traction without finance – more important up to 2020 traction than new emission pledges.

But this won’t happen unless South Africa sets an aggressive agenda from the COP presidency.

Opportunity: US-EU dispute over extension of ETS to air travel in January 2012.

Next step: July 5th hearing in Luxembourg in suit by three US air carriers against EU.

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