Transcript Seminar of Government Experts

Seminar of Government Experts
• Focus on Part (a) of the
terms of reference for the
Seminar of Government
Experts.
• We will discuss future
actions in relation to :
– mitigation
– adaptation.
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Seminar of Government Experts
• Mitigation
• Many small island states that we
are already suffering the serious
effects of climate change
• We believe that a dangerous level
of greenhouse gas concentrations
has already been reached
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Seminar of Government Experts
• Concerted efforts by all countries to
address their greenhouse gas emissions is
required.
– Pillar One: Annex B Parties to the Kyoto
Protocol
– Pillar Two: Non-Kyoto countries
– Pillar Three: Non Annex I Parties to the
UNFCCC
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Seminar of Government Experts
• Annex B Parties will need to reduce
their emissions substantially
• renewable energy and energy
efficiency technology (REEET)
pathway
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Seminar of Government Experts
• Changes to the Kyoto Protocol will
be required including:
• Limiting the use of the CDM
• Eliminating the use of sinks as a
tradeable commodity
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Seminar of Government Experts
• Non-Kyoto countries new actions
will needed including:
– the possible development of a
new legal instrument
– taking significant domestic
reduction targets
– establishing carbonless market
incentives
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Seminar of Government Experts
• Non-Annex I Parties
– Possible to develop a voluntary
emissions reduction process without
hindering their sustainable
development aspirations
– developing a renewable energy and
energy efficiency fund
– expanding the scope of the emissions
trading system
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Seminar of Government Experts
• Impact of response measures:
– Fossil fuel exporting countries
could invest in the Renewable
Energy and Energy Efficiency
Technology Fund
– Securing sustainable
development for Developing
Countries and securing an
economic future for themselves
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Seminar of Government Experts
• Decarbonise international financial
institutions
• Establish rules that do not promote
environmentally problematic
technologies such as nuclear power
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Seminar of Government Experts
• Adaptation
• two principle components:
– building resistance and resilience
to the impacts of climate change
– restoring damage after impacts
have occurred
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Seminar of Government Experts
• ADAPTATION
• Not necessary to develop an
“adaptation protocol”,
• However changes will need to
be made to the funding
arrangements
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Seminar of Government Experts
• National vulnerability
assessments could be assisted
by developing a Vulnerability
Assessment Clearinghouse
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Seminar of Government Experts
• Funding conditionalities problematic:
– incremental costs
– mainstreaming
– co-financing
– arduous proposal writing
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Seminar of Government Experts
• New Adaptation Financial Facility is
needed
• This would hopefully operate outside
the GEF
• Operated by a Management Board
under the COP
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Seminar of Government Experts
• Sources of Funding for Adaptation
Financial Facility include:
– A share of the proceeds from a
fossil fuel levy
– Contributions from governments
– Contributions from private business
with a high emissions profile
– Contributions from insurance funds
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Seminar of Government Experts
• To meet the costs of restorative
action a Climate Change
Insurance Facility is proposed
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Seminar of Government Experts
• The Seminar of Government
Experts should be the first in a
series of government dialogues.
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