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Introduction:
Paris Agreement “Rule Book” Deadline:
Context:
The Summit will focus on delivering three key outcomes:
The Summit will focus on driving action in six areas:
1. Transition to renewable energy; 2. Funding of climate action and carbon pricing; 3. Reducing emissions from industry; 4. Using nature as a solution; 5. Sustainable cities and local action; and 6. Climate change resilience.
Agenda for COP24:
These include such things as agreeing on accounting standards:
1. To measure emissions, 2. Processes for monitoring, 3. Reporting and verification (commonly referred to as MRV in climate negotiation circles) of actions being taken by individual countries, mechanisms to raise financial resources and 4. Ensure the flow of funds for climate projects, and 5. Institutions to facilitate the diffusion of appropriate technologies to countries and regions that need them. 6. At the same time, there is a growing noise about the need to aim for a 1.5°C target instead of 2°C. Countries would need to do much more to achieve that.
A recent special report by the Intergovernmental Panel on Climate Change (IPCC) on the pathways to the 1.5° target is an important item on the agenda for discussions in Katowice.
Conclusion:
Way Ahead: The race to “Net zero”:
By: Priyank Kishore ProfileResourcesReport error
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