The principle of common but differentiated responsibilities boils down to which countries should spend on climate finance and how much they should spend. As a whole, the global community has spent no where near the level it should be spending on adaptation and mitigation. Estimated yearly adaptation cost is US$8 billion to US$100 billion per […]
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I spoke with Mr. Hirofumi Aizawa of the Japan delegation yesterday after the plenary meeting about Japan’s view on “common but differentiated responsibilities” and Japan’s commitment to mitigation targets and its financial commitment to aiding developing countries. Mr. Aizawa said that Japan’s financial commitment will be announced next week, before the end of the negotiations.
REDD programs have great potential, but have many holes that need to be filled before they can be implemented successfully.
With the Copenhagen conference just over a month away, there have been a number of developments—both positive and negative—towards achieving a legally binding climate treaty that will guide global action on climate change. Particular attention has been given to the issues of targets and financing. At the recent European Union Summit in Brussels, European leaders […]
Continue reading about Preliminary Negotiations before Copenhagen
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