Comment
Insights and expert analysis on climate issues.
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Progress on Loss and Damage in Katowice
Dr Olivia Serdeczny
As far as Loss and Damage is concerned, the Katowice climate talks delivered a solid outcome. Developing countries were calling for the inclusion of Loss and Damage in the transparency framework and the Global Stocktake. We can now say: they succeeded.
Beyond offsets? Market mechanisms under the Paris agreement
Dr Carl-Friedrich Schleussner, Bill Hare
One aspect of the Paris Agreement rulebook that hangs in the balance at COP 24 is the role of market mechanisms. Market mechanisms, or more broadly emission trading schemes, have been around for a long time, including, for example the Clean Development Mechanism (CDM) under the Kyoto Protocol. Ongoing negotiations on the rules for markets under the Paris Agreement provide an important moment to reflect on what we want markets to deliver, and to design a system that goes beyond simple offsetting.
A comprehensive five-yearly assessment of progress on climate action – the Global Stocktake – is an essential part of the Paris Agreement’s ‘ratchet up’ mechanism for keeping the 1.5°C limit and other Paris Agreement goals within reach. How are we faring?
Presenting a disaster as an ‘opportunity’ is clearly a sensitive and emotive issue. But when will there be a better opportunity to relocate essential services away from high risk areas than when they need rebuilding?
Declining cost of renewables and best practices can enable nations to expand their NDC ambitions
Bill Hare
In an analysis prepared for the NDC Partnership our experts looked into the recent developments in terms of NDCs submission and renewables deployment. They also outlined a number of instruments that can be utilised to decrease the gap between current emissions trends and the Paris Agreement compatible emissions pathways.