the provision of new and additional resources, Parties proposed: New (EC and its member states, MISC 2) and additional, that is, over and above the target of 0.7 GNP for Official Development Assistance (ODA) (Colombia, MISC 1; Singapore, MISC 2; AOSIS (Alliance of Small Island States), G77 and China, African Group, MISC 2/Add 1; Argentina, Brazil, China, MISC 5; LDCs, finance

Sectors mentioned by parties include: Energy or power generation (Bangladesh, MISC 1; Korea, sectoral approaches workshop); coal-fired power generation (Japan, MISC.4 and MISC 5; Alliance of Small Island States, called AOSIS (sectoral approaches workshop); energy efficiency (India, sectoral approaches workshop); Iron and steel (Japan, MISC 4 and MISC 5; Republic of Korea, sectoral

SHARED VISION   Bali Action Plan 1a

The Clean Development Mechanism must be amended. What shape should it take? The Clean Development Mechanism (cdm) is up for review and there are several proposals to reform the process. The mechanism has always been under severe criticism, since its inception, on various accounts, ranging from its philosophical principles to its administration. The mechanism was created to help

  View image Climate change is linked to emissions, in turn to economic growth. Limiting emissions is then about limiting growth. Thus, sharing growth between nations has been the main bugbear. The UN Framework Convention on Climate Change expressed the principle of equity by enjoining countries to take action based on common

View image Graph 1 & 2

With companies cutting production globally, carbon emissions are down, and so is the demand for certified emission reductions (CERs) or carbon credits. This has led to the price of carbon credits crashing from E25 in September to E15 last week.

The Climate Change Performance Index 2009, presented by Germanwatch and CAN-Europe, shows that not a single country is

Despite an enormous amount of work done to persuade the world of the dangers of climate change and the need for quick corrective action, there is little progress toward a global compact for managing climate change.

This study assesses the long-term economic and environmental effects of introducing price caps and price floors in hypothetical climate change mitigation architecture, which aims to reduce global energy-related CO2 emissions by 50% by 2050.

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