Showing posts with label SBI. Show all posts
Showing posts with label SBI. Show all posts

Monday, January 7, 2013

Main Outcomes of COP 18

Via unfccc.int
The Doha Climate Change Conference, the 18th Conference of Parties (COP 18) of the UN Framework Convention on Climate Change, held at the end of 2012 resulted in the “Doha Climate Gateway” decisions. The main outcomes were: 
  • A second commitment period for the Kyoto Protocol. However, fewer countries are participating, and they have only agreed to reduce their overall emissions by at least 18% below 1990 levels in the eight year period (2013-2020). Participating countries represent less than 15% of global greenhouse gas emissions, and the emissions reduction commitments are insufficient to keep global warming below the 2C limit; 
  • Agreement to consider the creation of an international mechanism for loss and damage from extreme weather and slow onset climate impacts in developing countries; 
  • The need for a plan for long-term finance was reiterated. However, no firm commitments on scaling up finance towards the agreed US$ 100 billion a year were forthcoming. Climate finance pledges amounting to approximately US$ 10 billion were made by some European countries; 
  • Developed countries were urged to increase the ambition of their emission reduction targets and a work programme will be established to clarify pledges.