The Road to UNFCCC COP 18 and Beyond
HC 88, Second Report of Session 2012-13 - Report, Together with Formal Minutes, Oral and Written Evidence
- House of Commons - Energy and Climate Change Committee
- TSO (The Stationery Office)
Following the 18th Conference of the Parties (COP 18) for the United Nations Framework Convention on Climate Change (UNFCCC), 'The Road to UNFCCC COP 18 and Beyond (HC 88)' concludes that Europe should set a target to reduce CO2 emissions by 30% on 1990 levels by 2020. This would demonstrate political leadership in the run up to UN climate talks in 2015, when a political consensus could be reached on a new international agreement to replace the Kyoto Protocol.
The Kyoto Protocol created an invaluable architecture for future agreements, including common emissions reporting, accounting standards, and a compliance system; but it should not be renewed after 2020. Diplomatic efforts should now be focused on reaching a new agreement via the promising 'Platform' negotiated in Doha 2011.
The Human Development Index should be used to determine which countries are treated as 'developed' and required to decrease their emissions immediately. Europe's influence over the future of these international negotiations would be greatly increased if its own economy were less carbonised.
Given the severe fiscal constraints in most developed countries, it is unlikely that the US $100 billion Green Climate Fund target will be reached by 2020, unless an innovative mechanism is developed for budgetary contributions. The UK should exploit its expertise in financial services for levering in more private investment.
The Government should support moves to eliminate the $400 billion of fossil fuel subsidies across the world, while ensuring that this is done in a way that does not worsen fuel poverty.
|Format||Paperback||Published||25 Jul 2012|
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