The pace in Paris is picking up. Delegates are moving from meeting to meeting, negotiating on the elements of the agreement. Even big delegations are struggling to keep up.
- ensuring there are regular opportunities to pledge new financial commitments after 2020
- ensuring the current goal of US$100 billion of public and private finance by 2020 is the floor for future contributions
- ensuring the majority of public financing is used to help countries adapt to increasing impacts of climate change
Flexibility in these areas could help unlock more constructive engagement from developing countries on regular updates of national emissions targets, greater transparency of the actions countries are taking through measuring, reporting and verification (MRV), and greater finance contributions from emerging economies in the future.
Finally, The Climate Institute has looked at Australia’s 2030 per capita emissions compared to other developed and G20 countries. Meeting the government’s 2030 target could see our per capita emissions fall to 16 tonnes - still much higher than other developed countries, and the highest of any G20 country, aside from Saudi Arabia.
*The LMDC negotiating consists of developing nations that represent nearly half of the world's poor. It includes Algeria, Argentina, Bolivia, China, Cuba, Dominica, Ecuador, Egypt, El Salvador, India, Iran, Iraq, Kuwait, Malaysia, Nicaragua, Philippines, Qatar, Saudi Arabia Sri Lanka and Venezuala.
Photo courtesy of Ron Mader