UNFCCC came with a draft negotiation text in March first week, after six days of discussion in Geneva. This ‘negotiation text’ comprises of a wide range of options and proposals, which includes all most everything and anything, which are necessary to combat with climate change issues. This is now the official negotiating text for an agreement to … More Burning issues for COP.21: Road to Paris
Keeping Lima in mind, UNFCCC parties and the GCF can take a number of actions between now and Lima to build confidence in the efficacy and authority of the guidance created at COP 19 and the initial investment framework of GCF. From capitalizing the GCF, to submitting reference levels, to completing the GCF’s “logic model and performance framework,” showing the Warsaw Framework in action will be the most expedient way to encourage convergence to its methodology. … More FINANCING REDD+ AND GREEN CLIMATE FUND*
The relationship among energy consumption, economic growth, standard of living is an interesting subject of research. Famous Brazilian physicist Jose Goldemberg wrote in Science magazine in 1995 that 75% of the world’s population during 1993, living in the less developed countries (LDCs), used only about 30% of the world’s commercial energy. Conversely, the 25% of the population … More Energy Demand and Low Emission Pathway-Is it compatible in LDCs?
The scenario of carbon market is rapidly changing. Prices in the major existing carbon markets are at a historic low. Market encountered another dramatic downfall immediately following the European Parliament’s vote to reject the backloading proposal of European Commission, carbon prices sink heavily by over 45%. Even many enthusiastic anti-carbon market activists, who believe that … More Shifting Landscape of Carbon Market
After an anticipated delay at the UN climate talks in Doha, Abdullah bin Hamad Al-Attiyah, President of COP18, took less than a minute to hammer through a series of ‘decisions’. He then declared the creation of the ‘Doha Gateway’. Immediately after this declaration, Christiana Figueres, Executive Secretary of UNFCCC tweeted: ‘All #COP18 decisions adopted by acclamation. We … More REDD and Doha Gateway: An Expectation Gap