ASSIGNMENT ON ENVIRONMENT MANAGEMENT AND BUSINESS ETHICS (CP-105)

TOPIC:COPENHAGEN SUMMIT ; ITS OUTCOME & FOLLOW UP

SUBMITTED TO:BY:MR.AMIT KUMAR DAS (64) ASSISTANT PROFESSOR BHATTECHERJEE (48) ASSAM UNIVERSITY

SUBMITTED
ARUNABHA SEN BIPRANGSHU AMITAVA PAUL (77) MBA 1st SEMESTER

ASSAM UNIVERSITY, SILCHAR

CONTENTS
Introduction Organization and Activities Outcome of Copenhagen Summit on climate change

Follow up of Copenhagen Summit

Introduction
The 2009 United Nations Climate Change Conference, commonly known as the Copenhagen Summit, was held at the Bella Center in Copenhagen, Denmark, between 7 December and 18 December. The conference included the 15th Conference of the Parties (COP 15) to the United Nations Framework Convention on Climate Change and the 5th Meeting of the Parties to the Kyoto Protocol. Connie Hedegaard was president of the conference until December 16, 2009, handing over the chair to Danish Prime Minister Lars Lkke Rasmussen in the final stretch of the conference, during negotiations between heads of state and government. The Copenhagen Climate Council is a global collaboration between international business and science founded by the leading independent think tank in Scandinavia based in Copenhagen. The councilors of the Copenhagen Climate Council have come together to create global awareness of the importance of the UN Climate Summit (COP15) in Copenhagen, December 2009, and to ensure technical and public support and assistance to global decision makers when agreeing on a new climate treaty to replace the Kyoto Protocol from 1997.

The conference was preceded by the Climate Change: Global Risks, Challenges and Decisions scientific conference, which took place in March 2009 and was also held at the Bella Center. The negotiations began to take a new format when in May 2009 UN Secretary General Ban Ki-moon attended the World Business Summit on Climate Change in Copenhagen, organised by the Copenhagen Climate Council (COC), where he requested that COC councillors attend New York's Climate Week at the Summit on Climate Change on 22 September and engage with heads of government on the topic of the climate problem. The Copenhagen Accord was drafted by the US, China, India, Brazil and South Africa on December 18, and judged a "meaningful agreement" by the United States government. It was "taken note of", but not "adopted", in a debate of all the participating countries the next day, and it was not passed unanimously. The document recognised that climate change is one of the greatest challenges of the present day and that actions should be taken to keep any temperature increases to below 2C. The document is not legally binding and does not contain any legally binding commitments for reducing CO2 emissions. Many countries and non-governmental organizations were opposed to this agreement, but, as of January 4, 2010, 138 countries have signed the agreement.

Organization:
The Copenhagen Climate Council was founded in 2007 by the leading independent think tank in Scandinavia, headquartered in Copenhagen, Denmark.

Purpose

 The purpose of the Copenhagen Climate Council works on presenting innovative yet achievable solutions to climate change. Creating international awareness of the importance of the Copenhagen UN Climate Summit and the successor treaty to the Kyoto Protocol.. Promoting constructive dialogue government, business, and science.

between

Inspiring global business leaders by demonstrating that tackling climate change also has the potential to create huge opportunities for innovation and economic growth .

Manifesto
Published in November 2007, on the eve of the UN COP13 Climate Change Conference in Bali . The Manifesto articulates a clear goal for the maximum level of greenhouse gases in the atmosphere by 2050. The document will serve as input at the World Business Summit on Climate Change.

Membership

Copenhagen Climate Council comprises 30 global climate leaders [1] representing business, science, and public policy from all parts of the world. Business leaders are selected to represent global companies and innovative entrepreneurs,

who, through their actions, reveal that sustainable, climate-responsible business is both necessary and profitable. Scientists are gathered to ensure that the work of the Council is underpinned by rigorous analysis.

Policy makers with experience in public policy are included in the Council to ensure that the work is informed by knowledge of what is required to assist high-level, complex policy negotiations.

ACTIVITIES
The central aim of the Copenhagen Climate Council is to create global awareness to the urgency of reaching a global agreement on how to tackle climate change at the UN Climate Conference in Copenhagen, December 2009.

The Climate Community

The Climate Community is the official website of the Copenhagen Climate Council. The website is based on Web 2.0 principles, and hooks the user up with the worlds leading climate stakeholders and offers possibility for the user to give voice and influence the

global climate agenda. The Climate Community also hosts an online Virtual Summit, which is an integral part of the World Business Summit on Climate Change to take place in May 2009. The Virtual Summit will facilitate knowledge sharing and collaboration.

World Business Change

Summit

on

Climate

The World Business Summit on Climate Change takes place six months prior to the pivotal UN climate change conference (COP15) in Copenhagen, December 2009.The summit works towards international framework on climate change to replace the Kyoto Protocol after 2012. Among the prominent participants so far are Al Gore, Chairman of Generation Investment Management; Anders Fog Rasmussen, Prime Minister of Denmark; and Sir Richard Branson, Founder and CEO of the Virgin Group. At the summit, chief executives will a message to the negotiating governments on how to remove barriers and create incentives for implementation of new solutions in a post-Kyoto. At the summit, chief executives will discuss how business can help solve the climate crisis through innovative business models, new partnerships and the development of low carbon technologies. They will send a message to the negotiating governments on how to remove barriers and create incentives for implementation of new solutions in a post-Kyoto .

Thought Leadership Series

Thought Leadership Series presents a collection of inspirational, concise and clearly argued pieces from some of the world's most renowned thinkers and business leaders on climate change. The themes of the Thought Leadership series are: Tackling Emissions Growth: The Role of Markets and Government Regulation Achieving low emissions energy systems in rapidly developing economies Drawing down CO2 from the atmosphere The role of city planning and buildings in tackling emissions growth Achieving the capital investment required to tackle climate change The CEO's survival guide to climate change Adapting to the impacts of climate change Role of Information and Communications Technology in Addressing Climate Change

Beyond a global agreement: Scenarios from the future .

Climate Life
Climate LIFE is a film, book and digital exbition project initiated by the Copenhagen Climate Council. Climate LIFE is intended to be a virtual tour of how

communities across the globe can both fight climate change and adapt to a warming world. FILM : Climate LIFE - the 5th revolution; Climate LIFE - the 5th revolution is an emotional and strong story of a journey across the world in search of the solutions so urgently needed for avoiding a world climate life gone a wreck. It is produced in the realisation that we need a new climate agenda in order to achieve a transition to a sustainable society. The Copenhagen Climate Council has stated it is necessary to tell the story of climate change using a new positive language that can appeal to new audiences. Particularly, the Copenhagen Climate Council wishes to use evocative and emotional storytelling to get behind the real motivations, which has made pioneers, community leaders and others act on climate changes. The LIFE Digital exhibition :The LIFE digital Exhibition is intended to demonstrate what makes Climate LIFE possible. When launched on the web, it will explore the delivery model necessary to achieve the vision of Climate LIFE. Looking at the political, economic and cultural systems as well as the technological and biological process that will underpin low carbon living in the future, the exhibition will present a variety of practical solutions and their implications, highlighting the state of the art in movement, energy production and efficient consumption, water and waste management etc. The exhibition aims to use the

latest social software advances and interactive tools to illustrate the challenges, how they affect people, and the possibilities for getting involved.

Unlocking the Climate Code: Innovation Climate and Energy

in

On June 19, 2008, Copenhagen Climate Council and Center for Information Technology Research in the Interest of Society (CITRIS) co-hosted an energy conference named Unlocking the Climate Code: Innovation in Climate and Energy. The aim of the conference was to identify the critical research and development achievements necessary for a successful transition to a low carbon economy. Conference participants will present and debate relevant policy and business models that can support technology innovation in carbon emissions reduction. According to Gary Baldwin, Director of Special Projects at CITRIS, the Climate Navigator will have several interrelated parts and functions. It will serve as an Internet-based community forum for researchers, policy makers, and business leaders, allowing politicians and others to direct questions to experts or open on-line discussions about specific proposals.

Business Requirements of a Post-2012 Climate Treaty

On December 8, 2008, the Copenhagen Climate Council hosted an official side event at

the UN COP14 Summit on Climate Change in Poznan, Poland from December 1-10, 2008. The theme was Business Requirements to a Post-2012 Climate Treaty. At the event, Council representatives from business and science presented their key principles for a new treaty. The thoughts presented at the event will feed into the development of the final recommendations delivered by international business leaders at the World Business Summit on Climate Change, to be held in Copenhagen in May, 2009.

Business Roundtable in Beijing

On November 11, 2008, the Copenhagen Climate Council hosted a roundtable meeting with some of the most prominent business leaders in China and the Danish Minister for Climate and Energy Connie Hedegaard. According to the Copenhagen Climate Council, conclusion of the summit was clear: Climate change is becoming an important issue for Chinese CEOs, and opportunities in energy-efficient products and renewable energy are a driver for change.

Outcome of Copenhagen Summit on climate change

On 18 December after a day of frantic negotiations between heads of state, it was announced that a "meaningful agreement" had been reached between on one hand the United States and on the other, in a united position as the BASIC countries,

China, India, South Africa and Brazil. An unnamed US government official was reported as saying that the deal was a "historic step forward" but was not enough to prevent dangerous climate change in the future. A comment from a UK official suggested the text was not yet final and the Bolivian delegation has already complained about the way it was reached 'antidemocratic, anti-transparent and unacceptable'. With no firm target for limiting the global temperature rise, no commitment to a legal treaty and no target year for peaking emissions, countries most vulnerable to climate impacts have not got the deal they wanted." Early on Saturday 19 December, delegates approved a motion to "take note of the Copenhagen Accord of December 18, 2009". This was due to the opposition of countries such as Bolivia, Venezuela, Sudan and Tuvalu who registered their opposition to both the targets and process by which the Copenhagen Accord was reached. The UN Secretary General Ban Ki-moon welcomed the US-backed climate deal as an "essential beginning" however debate has remained as to the exact legal nature of the Accord. The Copenhagen Accord recognises the scientific case for keeping temperature rises below 2C, but does not contain commitments for reduced emissions that would be necessary to achieve that aim. One part of the agreement pledges US$ 30 billion to the developing world over the next three years, rising to US$100 billion per year by 2020, to help poor countries adapt to climate change. Earlier proposals , that would have aimed to limit temperature rises to 1.5C and cut CO2 emissions by

80% by 2050 were dropped. The Accord also favors developed countries' paying developing countries to reduce emissions from deforestation and degradation, known as "REDD". The agreement made was non-binding but US President Obama said that countries could show the world their achievements. He said that if they had waited for a binding agreement, no progress would have been made .

Follow up of Copenhagen Summit :USA: Against Kyoto style imposing international legal obligations. Insists China, India, South Africa & Brazil must commit to slow growth of emissions. Climate bill which would bring cuts of 4% from 1990 levels by 2020, is bogged down in senate. Emission Facts: The worlds second biggest GHG producer (15% of global emissions). Emission per head: 5th in the world. GDP (2008): $ 14.2 trillion JAPAN: Will cut emissions by 25% below 1990 levels by 2020 if other countries show similar ambition.

 This amounts to a cut of 30% in 10 years & is opposed by industries. Emission Facts: The worlds seventh biggest GHG producer( 3.3% of global emissions). Emissions per head: 15th in the world GDP (2008): $ 4.9 trillion CHINA; Wants developed countries to reduce emissions to 40% below 1990 level by 2020. They should pay 1% of their GDP per year to help other countries adapt. Promises to emit notably less Carbon dioxide per unit of GDP by 2020. Emission Facts: The worlds biggest GHG producer( 20.7% of global emissions) Emissions per head: 30th in the world. GDP (2008): $ 4.3 trillion.

INDIA: Says developed countries have historical responsibility & are to be blamed for climate change. Wants deep cuts in rich country emissions. Says its per capita emission will not exceed that of the developed countries.

Emission Facts: The worlds sixth biggest GHG producer ( 5% of the global emissions) Emissions per head: 66th in the world. GDP (2008): $ 1.2 trillion. EUROPEAN UNION (27 European States): Aspires to play a leading role at Copenhagen. Will cut emissions by 20% from 1990 levels by 2020 or 30% if other big emitters take tough actions. Wants rich nations to make 80 90% cut by 2050. Wants poorer nations to slow emission growth. Says they face costs of $ 150 billion per year by 2020, of which EU will pay $ 7 22 billion from public finances. Emission Facts: The worlds third biggest GHG producer (11.8% of global emissions) Emissions per head: 17th in the world GDP (2008): $ 18.3 trillion.

AFRICAN UNION ( 52 African States) Wants rich countries legally bound to cut emission to 40% below 1990 levels by 2020. Wants rich countries to pay 0.5% of GDP to help developing countries tackle climate change. Emission Facts:-

 The AU accounts for 8.1% of global emissions GDP (2008): $ 34 billion. GULF STATES ( Bahrain, Kuwait, Oman, Saudi Arabia, UAE, Qatar) OPEC & Saudi Arabia seeking financial aid for oil producers if new agreement requires cuts of fossil fuels. Emission Facts: Gulf States account for 2.3% of global emissions. Despite widely held expectations that the Copenhagen summit would produce a legally binding treaty, the conference was plagued by negotiating deadlock and the "Copenhagen Accord" was not legally enforceable. The Copenhagen Accord asked countries to submit emissions targets by the end of January 2010, and paves the way for further discussions to occur at the 2010 UN climate change conference in Mexico and the mid-year session in Bonn. By early February, 67 countries had registered their targets. Countries such as India and Association of Island States made clear that they believed that Copenhagen Accord could not replace negotiations within the UNFCCC.

REFERENCE:

Internet: - http://www.wikipedia.com .