The position of the EU in the international climate change negotiations IUCN Academy of Environmental Law Expert Meeting ‘The European position towards Copenhagen: A global outlook’ 20 May 2009 Javier de Cendra de Larragán METRO, Law Faculty The EU vision of the negotiations: a comprehensive one? “Over the past two months the EU has set out a comprehensive vision for the Copenhagen agreement. We now look to our partners to support our positions or to propose constructive alternatives.” Commissioner Stavros Dimas, declaration before Bonn negotiations, April 2009. A Common vision? “This commonality of views between the institutions is essential to maintain Europe’s leadership in the international negotiations on a new global climate deal. We need to work together and mobilize all our resources to ensure a strong and effective agreement is reached at the Copenhagen climate conference in December.” Stavros Dimas, commenting upon the European Parliament recommendations on future EU climate policy, 4 February 2009 The background of the EU vision • Commission communication on the road to Copenhagen COM (2009) 39 • Council Conclusions – Environmental Council 2 March – ECOFIN 10 March – Spring Council 19 & 20 March • European Parliament resolutions – Report on building a Global Climate Change Alliance between the European Union and poor developing countries most vulnerable to climate change – 2050: The future begins today: recommendations for the EU’s future integrated policy on climate change Shared vision for a Copenhagen agreement • All parties agree that it: – Should include four building blocks of Bali Action Plan. – Should be built on the CBDR principle and sustainable development. • EU additions: – It should include the need to make the transition to a low carbon society. – It should adopt a forward-looking perspective. Mitigation • Target for developed countries => 25-40 % by 2020, 80-95 % by 2050 – Ambitious enough? • Accounting for latest science? 350 ppm • Extent of use and quality of CDM credits? • Hot air, Forests? – Fairness and comparability? • Gradual convergence national per capita emissions at global level • GDP/pc + GHG emissions/ unit GDP+ early action + pop. Trends. • Common metrics. – How to get there? • Low carbon development strategies. • Global carbon market. • Target for developing countries => 15-30 % below BAU by 2020 for advanced developing countries – National low carbon development strategies + robust & verifiable credible pathways. – Independent technical analysis. – MRV action and benefits must be registered in new International Registry. Adaptation Goals – Adaptation is needed worldwide but priority must be given to LDCs and vulnerable countries. – Adaptation must be systematically integrated into national strategies. – Tools to define and implement adaptation strategies need to be improved. • Means – A technical panel on adaptation in the UNFCCC? – NAPAs. – Global Climate Change Alliance is a platform for exchange of experiences. – Financial contributions (see below). Technology cooperation • What are the problems? – Many legal, economic and institutional barriers to development, transfer, deployment and diffusion of technologies. – Substantial decrease in RD&D in developed countries. • What should be done? – Overcome existing barriers. – Substantial increase in RD&D at global level. • How? – – – – Reduce market barriers within the WTO. Set up IPR regimes in developing countries. Create consultative group in the Copenhagen agreement. Enhanced technology framework with developing countries. – Carbon market + CDM for commercially viable technologies. – Public funding, i.e. 300 million allowances from EU ETS set aside to stimulate CCS and RES technologies. – Capacity building for energy efficiency improvements. • When? EU position further defined by the Council in June Financing mitigation • Net global incremental investments EUR 175 billion by 2020; 50 per cent in dev’ing countries. • Under which conditions will mitigation be financed? – – – – Additional net investment costs identified in national strategies. Robust and verifiable strategies + independent technical analysis. MRV actions and benefits into international registry. International financial architecture must be governed by principles of effectiveness, efficiency, equity, transparency, accountability, coherence, predictability and sound financial management. – Maximize effectiveness of financial support. – Maximize linkages and synergies with existing ODA. – MRV should also apply to financial support. • From which sources? – Domestic for actions with low incremental costs or benefits – External for incremental costs for high cost actions. • Carbon markets => CDM, auction revenues subject to Member State will • Public funds. • Innovative financing mechanisms. • Burden sharing rules still to be decided Financing adaptation • How much? EUR 23-54 billion per year in 2030 – KP Adaptation Fund covers needs of most vulnerable countries. – For other dev’ing countries, need for innovative sources of finance. – Multilateral insurance pool to cover disaster losses. • Principles – Coherence, effectiveness, cost-effectiveness, specific attention to forests • Sharing the burden among developed countries? – Comparability based on PPP and capability + scale of contributions in Agreement. • Practical options for fund raising – New international fund sourced on basis of PPP and ability to pay. – Setting aside an (increasing) percentage of allowed emissions for auctioning. – Funding from a global instrument addressing int’l aviation and shipping. • What about EU funding? – Revenues from auctions in the EU ETS, subject to Member States will. – Global Climate Financing Mechanism (EUR 1 billion/year, subject to MS will) Financing technology transfer • How much? – To stabilize global emissions at 2000 levels, global annual additional investment needed between US 200 and 210 billion by 2030. US 25 trillion alone in infrastructure until 2030. • From where? – Carbon market (CDM) – Carbon market (EU ETS) => 300 million allowances for CCS demonstration plants and innovative RES technologies + auction revenues if MS so wish Conclusions A comprehensive and common strategy?
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