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Green Climate Fund
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conference
Objectives[edit]
Share best practices and learning from each other’s experience of ETSs
Help policy makers recognize ETS design compatibility issues and opportunities for the establishment of an ETS at
an early stage
Facilitate possible future linking of trading programs
Highlight the key role of cap and trade as an effective climate policy response
Build and strengthen partnerships amongst governments. [8]
\5. International Agreements on Climate change
a. Montreal protocol
b. Kyoto protocol
c. Paris agreement
Rio de Janeiro Summit on June 14, 1992 (also known as earth summit) adopted how the famous Rio
declaration and its plan of action popular by known as Agenda 21 and the declaration on principle of forest.
Earth Summit 1992 produced several long-range reports and implementation plans
that continue to serve as blueprints for international action on environmental issues,
including the World Summit on Sustainable Development (Earth Summit 2002) and
the Kyoto Protocol. Earth Summit 1992 produced the Rio Declaration on
Environment and Development, the Statement of Forest Principles, and Agenda 21.
The Earth Summit also led to the establishment of the Convention on Biological
Diversity, and the United Nations Framework Convention on Climate Change
(UNFCCC).
WORDS TO KNOW
BIODIVERSITY: Literally, “life diversity”: the wide range of plants
and animals that exist within any given geographical region.
onference, hosted by the United Nations on the Indonesian island of Bali between
December 3–14, 2007, brought together delegates from more than 180 nations
The main goal of the Bali conference is to get underway negotiations on a new
international climate change agreement.
The ‘Bali roadmap’ process aiming for a long termagreement on emissions cuts,
including commitments by the US
Effectiveness
Bali has at last started to deal with the impacts of climate change on the poor andagreed a
funding structure…
•
The Adaptation Fund was established with a balanced governance structure,giving
developing countries a stronger voice in funding decisions
Technology Transfer
There was progress towards getting much needed technology to developing countriesfor
adaptation and mitigation…
•
A ‘strategic programme’ for technology development and transfer was
agreed,marking an important shift from technical discussions towards
implementation
•
The Bali roadmap recognises the need for new and additional resources tofinance
technology transfer
Deforestation
There was progress in putting deforestation and degradation of forests on the agenda…
•
The Bali roadmap includes possible financial support to halt deforestation and
forestdegradation