Sergio Abranches
A balance of the decisions made at the Climate Convention (UNFCCC) since Bali, in 2007, would show that there has been little more than formal progress. The most concrete outcome so far has been the result of the frustrated COP15 held in Copenhagen, in 2009. Large emitters outside the Kyoto Protocol have pledged to reduce their carbon emissions for the first time. Among them The United States, China, India, and Brazil. More »
Sergio Abranches, from Durban
COP17 president, South African minister of Foreign Relations Maite Emily Nkoana-Mashabane has asked a small group of parties to facilitate the final negotiations towards a package deal to be delivered in Durban. It is a sign that negotiations are moving towards a close. There still are some key issues pending a compromise solution, but all negotiators indicated they’ll cooperate to get the best outcome possible. More »
Global carbon emissions from burning fossil fuels have increased by 49 per cent in the last two decades, shows study published in the journal Nature Climate Change. More »
Sergio Abranches
The last official preparatory meeting to the Climate Change Convention in Durban is taking place in Panama, since last Saturday. Negotiators will attempt to arrive at feasible drafts to be tabled at the next session of the Climate Convention, COP17, in Durban, South Africa. The signs are that an agreement on the core issues deadlocking conversations is unlikely to happen. More »
Sergio Abranches
The International Monetary Fund, the World Bank and other international groups are expected to present a paper on climate finance at the G20 meeting this Friday in Washington. It recommends a sharp reduction of subsidies for fossil fuels, putting a price tag of $25 per ton on carbon emissions, and collecting a surcharge on bunker fuels to raise money for climate finance. More »
Sergio Abranches
The last official preparatory meeting before COP17, in Durban, South Africa, has started yesterday in Bonn pointing to more problems than solutions. Christiana Figueres, top UN climate official, warned the parties about the risk of inaction, but realistically acknowledged that there will likely be very few substantial decisions in Durban. She finally admitted that there is not enough time left to approve the text for a second commitment period of the Kyoto Protocol. A regulatory gap is already unavoidable. More »