It's that time of the year again when the spotlight falls on climate
change.
The annual United Nations Climate
Conference opens this week in Doha, Qatar, with 15,000 people expected to take
part.
Actions are more sorely needed
than ever before. The 18th Conference of the Parties to the Climate Convention
(dubbed COP18) meets amid stark evidence of the damaging effects of climate
change.
The most publicised recent event
is Hurricane Sandy that caused US$50 billion (153 billion ringgit) of
devastation in the United States’ east coast, including the flooding in New
York City’s subway system.
“It’s the climate, stupid!” said
the cover of Bloomberg Business Week in its pre-election issue. Its writer said
that climate change should have been the biggest election issue.
Yet, “the issue is missing in
action on Congress’ calendar and in the presidential debates. After Sandy, that
is insane.”
It is hoped that US public
opinion will change after Sandy. Climate denialists and conservative
politicians have prevented the US from making credible emissions-reduction
commitments in the climate talks. Indeed, the US is the biggest blocker of
global action.
It has promoted the voluntary
system of pledges where each country simply states what it wants to do, instead
of a top-down approach preferred by most other countries in which scientific
estimates are made on what needs to be done and then each country is assigned
to undertake required cuts comparable to one another.
The world is on track for a
disastrous rise of 4?C in average temperature, warned a World Bank report last
week, far above the 2-degree threshold. Even at today’s 0.8 degrees (above the pre-industrial
level), extreme weather events such as floods, drought and storms are already
causing havoc.
Sobering data was provided by the
latest UN Environment Programme (UNEP) report on the emissions gap.
Annual global emissions have shot
up from 40 billion tonnes in 2000 to the present 50 billion tonnes, and are
projected at 58 billion tonnes in 2020 if there is no action.
This needs to be brought down to
44 billion tonnes in 2020 to stay within the 2-degree limit. But even if
countries fulfil the best of their emissions-reduction pledges, the 2020 level
will be 52 billion tonnes.
The UNEP estimates the emissions
gap to be eight to 13 billion tonnes by 2020. This is the difference between
what should be the emissions level in 2020 and what it is projected to be. It
is thus a measure of the extra effort needed to cut emissions.
Unfortunately, COP18 is unlikely
to produce a breakthrough. It is supposed to close the work in two working
groups (Kyoto Protocol or KP, and Long-term Cooperative Action or LCA) and pave
the way for work to start in a third group (Durban Platform, or DP).
The DP group can get into real
work only if the other two groups finish their work successfully, and this now
seems unlikely.
Under the KP group, COP18 should
see developed countries finally binding their commitments to reduce emissions
by certain percentages for the next five or eight years under the KP’s second
period (the first period ends next month).
But there are multiple problems.
Canada quit the protocol altogether, just as the US did years ago.
Japan and Russia refuse to take
part in this second period, and Australia and New Zealand have not yet made up
their mind.
That leaves the European
countries. The European Union will only commit to a low number (20 per cent cut
by 2020 compared to 1990), and have hinted that instead of this figure being
committed in a binding way to be ratified by Parliaments, it may propose to do
so only through a decision at the COP.
Meanwhile, other developed
countries that are not in the Kyoto Protocol are supposed to make a comparable
commitment in the LCA group.
However the US has led the move
to a “pledge” system, in which countries can pledge as they please.
The US is adamant in closing the
LCA group (formed in 2007 to negotiate the Bali Action Plan), even though it
has not yet finished its work on mitigation, adaptation, finance and
technology.
The US dislikes several things
about the Bali Action Plan: its provision that all developed countries have to
make a comparable effort in mitigation, its recognition of the difference in
mitigation obligations between developed and developing countries, and the
principle that developing countries’ actions depend on their obtaining funds
and technology.
The developing countries want the
LCA group to complete its work or else to have its outstanding issues properly
transferred (together with the principles and framework underlying these
issues) to other bodies before the group closes down.
But they face resistance from
several developed countries, which want to get rid of many key issues put
forward by developing countries (such as the effects of intellectual property
on technology transfer, and to ensure that climate change is not used as a
ground for unilateral trade measures).
These developed countries also
want to continue the negotiations on certain issues, especially mitigation, but
without the principles or understandings already agreed to in the Climate
Convention and in the LCA group.
They hope that if the KP and LCA
groups close down, they can get the new DP group to discuss climate actions on
a clean slate, with all countries having to take on similar obligations. The
differences between developed and developing countries would be erased or
minimised.
But this is precisely what the
developing countries do not want. For them future negotiations on the actions
countries should undertake must be guided by the Convention’s principles of
equity which recognises “differentiated responsibilities” between developed and
developing countries.
They fear that the developed
countries are refusing to live up to their commitments to cut emissions, and
instead are preparing the ground for passing the burden onto the developing
countries.
They are also concerned that the
developed countries have not kept their promise to transfer technology. And the
new funds to support developing countries are also absent or far below the
promised or required levels.
On the other hand, the developed
countries want to see the developing countries taking on similar
emissions-reduction obligations. They fear that otherwise the developing
countries will catch up economically, and they will lose their economic
dominance.
COP18 will see the continuation
of this diplomatic wrangling. The deadlock or, at best, slow progress in the
climate talks contrasts with the urgency of action needed to combat rising
temperatures and the growing number and intensity of extreme weather events.
Martin Khor
Business & Investment Opportunities
Saigon Business Corporation Pte Ltd (SBC) is incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Health care and Life Science with expertise in ASEAN 's area. We are currently changing the platform of www.yourvietnamexpert.com, if any request, please, contact directly Dr Christian SIODMAK, business strategist, owner and CEO of SBC at christian.siodmak@gmail.com. Many thanks.
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