Tough Issues Linger in New Climate Deal Draft
Climate negotiators at the United Nations Climate Change Conference (COP 21) in Paris have until Friday to reach a global deal to curb greenhouse gas emissions to avoid the most serious climate change impacts. Negotiators released a new, shorter draft of that deal. The 29-page document leaves some major sticking points unresolved, including whether to reduce overall global temperatures 1.5 degrees Celsius above pre-industrial levels or 2 degrees Celsius, who shoulders the cost of moving to a low-carbon economy and how often nations should review their emissions reduction plans.
“On these issues I ask you to scale up your consultations to speedily come to compromise solutions,” French Foreign Minister Laurent Fabius told conference delegates. “We’ve made progress but still a lot of work remains to be done. Nothing is agreed until everything is agreed.”
Many of the countries supporting a 1.5 degree Celsius target are arguing that rich but still developing economies—among them, Bahrain, Qatar, Saudi Arabia, Singapore, and South Korea—provide funds to help the poorest countries adapt to climate change—a move that would upend the Kyoto Protocol’s funding structure, which demands that only those countries designated as industrialized in 1992 pay up (subscription). It may be best, Mexico’s former president Felipe Calderon tells The Guardian, if developing countries were not treated as a single negotiating bloc.
“Sub-Saharan Africa is not the same as China,” Calderon said. “The G77 [comprising most of the biggest developing economies] is not the same as the Alliance of Small Island States. Arabian countries have different interests.”
On Tuesday, the European Union (EU) forged an alliance with 79 poor African and small-island countries that could, reports the Wall Street Journal, help eliminate the 20-year division between developed countries and developing countries on climate issues. It comes with $517 million —> Read More