
The United Nations Climate Change Conference in Copenhagen (COP 15) was supposed to be a turning point in the fight to prevent climate disaster. Science demanded it, economy supported it, future generations require it. On 718 December 2009 negotiators, ministers and world leaders assembled in the Danish capital trying to give the people of all nations a strong answer to this common, global threat of climate change and among other things renegotiate the Kyoto Protocol. The organisers anticipated approximately 15,000 participants from 192 countries. Please find more information on http://www.cop15.com/.
Tobias Caluori, a member of our "Sustainability & Climate Change" team, represented PwC Switzerland at this event. You can read here about his impressions at the conference.
References:
18 December 2009
Negotiations
An agreement drawn up Friday night by leaders from the US, China, India, Brazil and South Africa has been recognised Saturday morning by the parties to the UN Framework Convention on Climate Change." The conference of the parties takes note of the Copenhagen Accord," says a final decision.
The text is still strongly debated, and it remains to be seen how many countries will sign on to the Copenhagen Accord. In the agreement, the parties acknowledge climate change as one of the greatest challenges facing humanity. They aim to limit climate warming to two degrees Celsius. This will require a massive reduction in greenhouse gas emissions. However, the countries were unable to agree on the adoption of the objective necessary to achieve this aim such as the reduction of greenhouse gas emissions by at least half by 2050.
The document contains a promise by the wealthy states to provide a total of 30 billion US dollars in climate-related aid to developing countries until 2012. This sum is to be increased to 100 billion US dollars per year by 2020. It was also decided to establish a green climate fund. The "Copenhagen Accord" acknowledges that deforestation and forest degradation are a major source of greenhouse gases. This process is to be halted, inter alia, through the provision of financial incentives. Based on the "Copenhagen Accord", the industrialised countries have until 1 February 2010 to report the measures they will implement to reduce greenhouse gas emissions from 2012 to 2020. This also applies to the USA which did not ratify the Kyoto Protocol. The result achieved in Copenhagen is a unilateral undertaking and is not legally binding. The earliest point at which a legally binding agreement can be reached is the 16th United Nations Climate Change Conference (COP16) at the end of next year in Mexico.
Please follow this link to read the original text of the Copenhagen Accord
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17 December 2009
Negotiations
With one day to go before world leaders leave Copenhagen, there is still real uncertainty over the outcome of the negotiations and even the prospect that governments might fail to reach an agreement. The barriers to success are as much about substance as form. Developing countries would prefer to extend the Kyoto Protocol (which is the only legally binding treaty in town, and only places commitments on developed countries), however the US will never ratify Kyoto and Europe doesn't want to commit to emissions reductions under Kyoto unless there is comparable action in the US and major developing countries. Apart from discussions on the future of Kyoto, there is a potential deal on Long-term Cooperative Action, which would include all major economies.
Several days of negotiating time in Copenhagen were lost on process. After two years of negotiations, the Chairs of the two groups have been unable to generate coherent documents with a limited number of clearly defined alternatives for the heads of state to discuss. One of the few business observers allowed into the Bella Centre was pessimistic and suspects that some parties just don't want an agreement and are simply obstructing the process. The US position requires that the actions taken by major economies (i.e. China) be transparent in other words measurable and verifiable. Although the Chinese have long resisted international verification, the word in the corridors has it that they were starting to show more flexibility on this issue.
At this stage, it is unlikely that the deal at COP15 will be as robust as many in the business community had called for during the build up. But, perhaps the most important outcome at Copenhagen is that it is not a step backward. It is essential that the agreement here does not undermine the political process in the US or the passage of climate legislation through Congress. And with further commitments by China, COP15 may still support the development of robust climate policies in the US. At the end of it all, the real measure of success at Copenhagen will be how fast China, the US and other major economies shift to a low carbon economy over the next decade.
Science, studies and announcements
16 December 2009
Negotiations
The negotiating process at the UN climate conference in Copenhagen was subject to an "unexpected stop" on Wednesday, according to Yvo de Boer, the UN's top climate official. The unexpected stop happened as delegates needed time to discuss the basis of the further talks. It was expected all Wednesday that the Danish conference presidency would present a text to establish consensus. However, on Wednesday evening Yvo de Boer said he did not know if the Danish text had actually been tabled. "It is still possible to reach a real success," Yvo de Boer said, but there are "a number of unsolved issues" left for world leaders to resolve at their summit on Thursday and Friday. "The next 24 hours are absolutely crucial," Yvo de Boer said.
Earlier in the day, hundreds of protesters were trying to disrupt the 193-nation conference, the latest action in days of demonstrations to demand "climate justice" i.e. firm action to combat global warming. Police said 230 protesters were detained. Inside the cavernous Bella Center convention hall, negotiators dealing with core issues debated until just before dawn without setting new goals for reducing greenhouse gas emissions or for financing poorer countries' efforts to cope with coming climate change, key elements of any deal. "I regret to report we have been unable to reach agreement," John Ashe of Antigua, chairman of one negotiating group, reported to the full 193-nation conference later Wednesday morning.
Announcements
15 December 2009
Tobias's impressions
Admission rights to the main conference for non-governmental bodies has become stricter and stricter over the last few days. Different admission badge systems have been installed to limit the number of attendees to below 15,000, with over 45,000 people wanting to attend. At the same time, most of the attendees arrived at the beginning of the second week. This combination led to incredibly long queues in front of the conference buildings. Some people had to wait eight hours outside in the freezing cold to be admitted to the conference. Luckily I had already registered last week, which allowed me to jump the line on Monday. However, I have not been allowed into the main conference area since Tuesday due to the stricter admission rules. As many business representatives are suffering from the same problem, many fringe events are happening outside the main conference, and are just as interesting to attend. Yesterday I attended a panel discussion about corporate emissions reporting in which Alan McGill, a UK partner, participated. The problem of the increasing number of different reporting standards for emissions was discussed, and Alan called for an international framework for emissions reporting similar to financial reporting standards such as IFRS.
Apart from the negotiations and fringe events, the Danish weather does not show any signs of global warming; since yesterday it has been snowing in the capital of Denmark.
15 December 2009
Negotiations
As heads of state and governments were beginning to arrive at Copenhagen, a ceremony on Tuesday marked the formal opening of the final high-level stage of the ongoing UN conference on climate change, COP15. "We know what we must do. We know what the world expects. Our job here and now is to seal the deal, a deal in our common interest," UN secretary-general Ban Ki-moon said, while adding that the world's leaders face "a defining moment in history". The secretary-general also said that "three years of effort have come down to three days of action. Let us not falter in the home stretch. No one will get everything they want in this negotiation". German chancellor Angela Merkel voiced concern on Tuesday about the pace of climate negotiations in Copenhagen, and said she is "somewhat nervous" about the prospects of success. "These kinds of big conferences with many, many interests frequently get stuck, but it's Tuesday already and we want to be done on Friday," Merkel said after meeting Indonesian president Susilo Bambang Yudhoyono.
On Monday, Australian prime minister Kevin Rudd urged world leaders to be more flexible as a consensus looks difficult to achieve. Otherwise, the global climate summit is at risk of "failure", said the prime minister.
Besides all the concerns, there is mounting agreement on rewarding tropical countries which slow deforestation under a new deal. This is the first issue where significant progress has been made in Copenhagen. Negotiators in Copenhagen have made progress on reducing emissions from deforestation and forest degradation (also known as REDD).
Science, studies and announcements
14 December 2009
Negotiations
Poor countries ended a temporary boycott of the UN climate talks on Monday after getting assurances that rich nations were not conspiring to reduce their commitments to cutting greenhouse gases, European officials said. Informal talks resolved the impasse between rich and poor nations and ended the daylong boycott, which was started by African countries and backed by 135 developing countries including China and India. The boycott disrupted efforts to forge a pact on global warming, delaying the frantic work of negotiators who are trying to resolve technical issues before more than 110 world leaders arrive in Copenhagen later in the week. It appeared aimed at shifting the focus of the UN climate talks to the responsibilities of industrial countries and making greenhouse gas emission cuts the first item for the leaders to discuss. A proposal aimed at saving the world's tropical forests suffered a setback on Sunday when negotiators at the UN climate talks ditched plans for faster action on the problem because of concerns that rich countries aren't willing to finance it. Destruction of forests burning or cutting trees to clear land for plantations or cattle ranches is thought to account for about 20 percent of global emissions. That's as much carbon dioxide as all the world's cars, trucks, trains, planes and ships combined. So a deal on deforestation is considered a key component of a larger pact on climate change being negotiated in Copenhagen. Environmentalists earlier this month hailed the forest talks as one area where negotiations were progressing, and some suggested they could serve as a catalyst to inking a larger climate deal here in Copenhagen. But they have fallen victim to the same bickering between rich and poor nations which has slowed progress on the wider agreement. There are still no firm figures on financing or cutting greenhouse gas emissions in the larger agreement.
Science, studies and announcements
13 December 2009
Our colleagues from UK are assessing how the current emissions pledges made by major economies compare with the low carbon pathway they developed for their Low Carbon Economy Index. The basic pledges of key economies would leave them some considerable way short of the low carbon pathway they estimate a cumulative overspend on the global carbon budget of around 50 Gt CO2e by 2020, which is roughly equivalent to the aggregate emissions for the entire world for a year.
Intense political activity is expected to continue throughout the week, but at the end of it all, in the early hours of Saturday, 19 December, they expect the politicians to emerge from the final plenary session of COP15 and declare that this is a great day for the global environment. Then the easy part will be over. In the New Year, the priority will be translating this into a legal agreement and delivering on the pledges.
Copenhagen Briefing: Half-time Score and Analysis (PDF File 67 KB)
13 December 2009
Tobias's impressions
The conference is getting overcrowded. The COP15 organisation team has announced that it will be applying stricter admission rules to the conference, as the number of attendees has reached 15,000. What consequences this will have for me I am still figuring out. However, many equally important fringe events are taking place outside the main conference, in particular events geared to the business community, which would mean that my stay in Copenhagen would still be worthwhile even without admission to the main conference.
The last two days I have been running from one fringe event to the next. These have ranged from panel discussions between representatives of governmental bodies, NGOs and international private companies, to updates from leading scientific agencies (such at the British Met office) on climate change. I have attended interesting presentations and discussions on the inclusion of forestry in a post-Kyoto regime, the role of technology in mitigating climate change, and the technical issues surrounding future flexible mechanisms.
On Sunday I was walking through the city centre of Copenhagen. Almost every little square is has either an exhibition about the negative impacts of climate change or private companies displaying their solutions for how to tackle the problem. However, global warming seems not to apply to Copenhagen itself: It is freezing cold in the capital of Denmark. Nevertheless, this does not bother anybody up here it seems, and Copenhagen's bike armada continues to brave the elements. An astonishing detail bike counters are installed on some of the bridges of Copenhagen between 20,000 and 32,000 cyclists pass by every day (= around 1 cyclist every 3 seconds).
Below you will find a summary of the latest developments at COP15.
13 December 2009
Negotiations
With only a short "working week" to go before more than 110 heads of state and government gather on Friday at the climate summit in Copenhagen, the hour of reckoning approaches with giant strides. Late on Saturday, COP15 president Connie Hedegaard described the procedural advances in the first six days as "fantastic" compared with the situation a couple of months ago. "The core discussions... have really started," she said, adding that "we still have a daunting task in front of us over the next few days."
Danish police stopped an unauthorised demonstration on a second day of street protests over climate change as environment ministers met for informal talks to advance negotiations on a new pact. The hundreds of demonstrators were outnumbered by police officers in riot gear who surrounded them. At least 200 activists were detained. Police said only 13 of the 968 people detained during and after a mass rally Saturday in Copenhagen remained in custody on Sunday. Of those, three two Danes and a Frenchman were set to be arraigned in court on preliminary charges of fighting with police.
Science, studies and announcements
12 December 2009
Negotiations
The president of the UN climate conference, Connie Hedegaard, gave a midway status report on the conference on Saturday, saying that "we have made considerable progress over the course of the first week". According to delegates, negotiators have advanced on texts on how to supply new green technologies like wind and solar power to developing nations. Progress has also been made in promoting use of forests to soak up carbon dioxide. But there are still deep splits on issues such as raising funds for developing countries and sharing out the burden of greenhouse gas emissions curbs.
After one week of UN-led climate negotiations in Copenhagen, some money is finally on the table and a draft agreement has been circulated. Now the really hard bargaining begins.
On Saturday, tens of thousands of people joined an overwhelmingly peaceful march in winter-cold Copenhagen to demonstrate for action on climate change. The march towards the conference centre, where the UN climate change conference is being held, was part of the global Day of Action of the climate rallies from Australia to the United States. The police rounded up 968 in a preventive action against a group of youth activists. As of Sunday morning, only a handful were still detained.
Science, studies and announcements
11 December 2009
Negotiations
A key working group under the UN Framework Convention on Climate Change (UNFCCC) came up with a six-page text on Friday (see PdF below). The draft may form the core of a new global agreement to combat climate change beyond 2012 when the present framework, the Kyoto Protocol, expires. However, most figures in the text are shown in brackets meaning that there is not yet agreement on these specifics. Most importantly, the draft states that emissions should be halved worldwide by 2050 compared with 1990 levels, but it also suggests 80 percent and 95 percent reductions by that year as possible alternative options. Even the core goal of the deal is in brackets. Throughout 2009, a number of scientific and political conferences have called for global warming to be kept below two degrees Celsius. Still, the new draft mentions 1.5 degrees Celsius as a possible alternative goal. Besides the ultimate target of cutting emissions by 50 percent (or 80 percent, or 95 percent respectively) by 2050, the paper also puts forth an interim target by 2020 to be set. For emissions generated by developed nations, a target of 75 percent in reductions (or more ranging up to 95 percent) is suggested. As for developing countries, the text calls for "substantial deviations" from present growth rates in emissions.
Chair's Proposed Draft Text (PDF File 45 KB)
Science, studies and announcements
10 December 2009
Tobias's impressions
Arriving early morning at the Copenhagen Airport, I get reminded of the reason for my trip: the COP15 climate change conference is present everywhere. It's pleasing to note that the PricewaterhouseCoopers brand is also very present, with the Climate Ready" posters all over the airport. Moving on to the metro, the picture does not change: newspapers, metro announcements and people on the metro are all talking about COP15.
When I finally arrive at the conference centre I feel as if Im back at the airport, as I have to go through metal detectors, get searched and queue for ever to get my admission badge. But Im beginning to understand the dimensions of it. The conference is huge! Thousands of politicians, reporters, activists, NGOs and businesspeople are all trying to find their way through the masses, which is quite a challenge. It's now more than obvious that climate change is not a topic for NGOs only. Many different parties are fighting for their interests, as a lot of money is at stake both for governments and private companies.
After attending the first fringe event on the future of the flexible mechanisms, I bump into an in-house demonstration, with around 200 activists shouting "Don't kill Kyoto, climate change is now!" As I write this commentary I can also hear people singing in the background. But I do not want to give a false picture of COP15: this is not the whole story. At the same time, serious negotiations on climate change politics are happening. It's a great place for knowledge exchange and finding out about the latest trends and science. I am very curious what the next days will bring.
Wrapping up the first four days of COP15, here are the main developments:
10 December 2009
Negotiations
A war on drafts has broken out at the Copenhagen climate conference. In response to an alleged Danish draft that was leaked, on Thursday China, India, South Africa and Brazil published a draft for a climate deal calling for a "binding" amendment to the Kyoto Protocol. Another climate draft has emerged. The senders are major emerging economies who call on rich countries to reduce their carbon emissions by more than 40 percent. The initiative, led by Beijing, was conceived as a rebuttal by developing countries to the "Copenhagen Agreement" draft allegedly written by the UN conference's host country and leaked by the Guardian newspaper on Tuesday this week (see Day 2). According to AFP, the "Copenhagen Accord", posted on the website of French daily Le Monde, embraces the objective of limiting global warming to two degrees celsius compared with pre-industrial levels. It calls on rich countries committed to CO2 reductions of at least five percent by 2012 under the Kyoto Protocol to "multiply by eight", and points out that reductions should be made "mainly through domestic measures" and not through the purchase of so-called "offsets" outside their borders in developing countries.
Science, studies and announcements
9 December 2009
The third day of the UN climate conference in Copenhagen saw another political argument between the two biggest players and polluters China and the United States. The United States and the European Union (EU) are expected by the Chinese delegation to bring more substantial emission reduction targets to the Copenhagen climate talks. At a press conference on Tuesday, the deputy head of the Chinese delegation, Su Wei, said neither the US, the EU nor Japan had offered sufficient cuts in their greenhouse gas emissions by 2020. According to Su Wei, the US target for emissions reduction and US financial support to developing nations are key to the success of the ongoing climate change conference. Su Wei rejected an EU proposal that the economically advanced developing nations commit to emissions reductions and pay part of the public financing of adapting to and mitigating climate change in developing countries.
Statements by Su Wei, deputy head of the Chinese COP15 delegation, on the United States' lack of ambitions were rejected by Todd Stern, president Barack Obama's climate change envoy, as he arrived on Wednesday at the conference in Copenhagen. "The country whose emissions are going up dramatically, really dramatically, is China," Todd Stern said according to Bloomberg adding that "there can't be a new agreement without China".
8 December 2009
Negotiations
While an alleged Danish draft proposal for a climate compromise caused furore among developing countries, UN secretary-general Ban Ki-moon expressed optimism that a robust agreement to combat climate change would be reached in Copenhagen. On the afternoon of the conference's second day, the Guardian, a British newspaper, published what it claimed to be "the Danish draft text of a new climate agreement". It gives 2020 as the year in which global emissions should peak, while "acknowledging that developed countries collectively have peaked and that the timeframe will be longer for developing countries." The text specifies that emissions from developed nations should be reduced by 80 percent by 2050 compared with 1990 levels. It also proposes that an interim reduction target for developed countries by 2020 be set meeting a key demand from developing countries. A critical issue in the UN negotiations has been whether or not certain developing countries should undertake commitments. Under the present agreement, the Kyoto Protocol, all developing countries are exempted from obligations, but industrialised countries have stressed that this is not feasible in the future. Many developing countries still do not want to accept mitigation commitments, as they point out the historical responsibility for climate change of the industrialised world.
Secretary-general Ban Ki-moon predicted on Tuesday that a robust agreement to combat climate change will be reached in Copenhagen and implemented immediately. Ban said for the Copenhagen conference to be a success, the agreement must include ambitious reductions in carbon emissions by developed countries as well as ambitious actions by poorer developing countries to curb emissions. Rich nations must also provide financial support and technological assistance to help developing countries limit their emissions and adapt to the effects of climate change, including floods and drought, he said.
Science, studies and announcements
7 December 2009
The largest and most important UN climate change conference in history opened on Monday, with diplomats from 192 nations warned that this could be the best, last chance for a deal to protect the world from calamitous global warming. "A deal is within our reach," the Danish Prime Minister Lars Løkke Rasmussen said in his opening speech, stressing that the talks will have to overcome deep distrust between rich and poor nations on how to share the burden of curbing emissions. Besides commitments to cut emissions, a major aspect of the negotiations is financing the mitigation of and adaptation to climate change in developing countries. At the press briefing, the UN's top climate negotiator Yvo de Boer said that the talks are about the amount of money needed from the developed countries. Yet another important issue is "how do we allocate the still limited resources," according to him.
On 17 and 18 December, 110 heads of states and governments will come to Copenhagen in an attempt to seal a political global climate deal. If a deal is agreed, the UN will aim at transforming it into a legally binding text to replace the Kyoto Protocol, as its regulations of emissions expires in 2012.
7 December 2009
Copenhagen is gearing up for what looks set to be record attendance at a COP. At the last count, over 100 heads of state/government had confirmed their attendance; the UNFCCC has suspended press and observer accreditation because the conference facilities are at full capacity; and many of the most interesting side events are already sold out.
In this final briefing on the morning the summit kicks off, our colleagues from PwC UK analyse the latest developments in climate politics and assess the prospects of a successful deal.