Negotations update (early friday)
The second commitment period to the Kyoto Protocol is still unresolved. Parties need to work to secure a ratifiable second round of commitment under the Kyoto Protocol and a complementary outcome under the Long-term cooperative action (LCA). Parties need to increase their ambition on mitigation, close the gigatonne gap and strengthen accounting rules to secure the environmental integrity of the outcome.
Parties need to agree a work plan to address the gap and to limit global warming to within safe levels. The current pledges on the table put us on track for temperature rises of possibly as much as 5 degrees. Developed country parties must raise their ambition to the levels required by science and equity to prevent dangerous climate change. On finance, parties should set up the Green Climate Fund.
They must get it up and running to help the poorest to adapt and develop cleanly. Parties must commit money to fill the fund. An empty shell would not help the poor who desperately need it.
Categories: News, UN Talks