Sunday, November 20, 2005

Towards a post-2012 climate change regime

A report commissioned by DG Environment proposes a post-2012 regime that includes developing countries as well as major annex I emitters that have currently not ratified Kyoto. It proposes a 3-stage approach:
  • Countries with emissions larger than 9 tCO2e/capita, i.e. 2/3 of current annex I, excluding countries with less than 4000$/capita GDP would engage in 15-30% absolute reductions by 2020 compared to 1990.
  • Countries with 5-9 tCO2e/capita emissions would stabilise their emissions per capita between 2010 and 2020. A dual target could be considered where countries would be allowed to sell below a certain emission threshold, and needed to buy above another.
  • Countries with less than 5 tCO2e/capita or less than 4000 $/capita GDP would not have binding targets, but sectoral targets and technology assistance could curb emission growth.
The proposal is complement with a scheme for LULUCF, an adaptation fund and technology assistance.

No comments: