CoP15 (Copenhagen Summit)

  • Main aim was to establish a global climate agreement for the period from 2012 when the first commitment period under the Kyoto Protocol expires
  • The conference did not achieve any binding agreement for long term action
  • A ‘political accord’ was negotiated by approximately 25 parties
    • Collective commitment by developed countries for new and additional resources , including forestry and investments through international institutions to a tune of $30 bn for the period 2010-12.
  • Copenhagen Accord
    • Not legally binding and does not commit countries to agree to a binding successor to the Kyoto Protocol
    • Annex 1 parties would commit to economy-wide emissions targets for 2020 to be submitted by 31 Jan 2010. Delivery of reductions and finance by developed countries will be measured , reported 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
and verified (MRV) in accordance with COP guidelines
  • Non-annex 1 countries would implement Nationally Appropriate Mitigation Actions to slow their carbon emissions
  • Commits $30 bn for 2010-12
  • Copenhagen Green Climate Fund
  • The accord shall be assessed in 2015
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