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REDD crediting vs. REDD funds : how avoided deforestation under the UNFCCC should be financed
(2010)
The Paris Agreement adopted in December 2015 provides the basis for future international cooperation on the field of climate change mitigation. While truly global in reach, the agreement will however result in an increasingly complex new climate regime: Instead of using a uniform formula, Parties are allowed to autonomously define their NDCs (nationally determined contributions), resulting in a large diversity of contributions. This poses significant challenges for emissions accounting and the transfer of emission units.
This Policy Paper explores how these challenges can be addressed by analysing different types of NDCs and assessing their compatibility with the export and use of emission units. On that basis, the authors develop opt-in provisions for Parties willing to participate in unit transfers under the new climate regime and illustrate how potential risks to environmental integrity can be addressed.
Although it is not part of what has been called the "ambition mechanism" or "ratchet mechanism", Article 6 of the Paris Agreement also has an explicit requirement to promote ambition. Article 6 specifically highlights that some Parties choose to pursue voluntary cooperation in the implementation of their nationally determined contributions to allow for higher ambition in their mitigation and adaptation actions. Despite the common purpose, the two elements have to date been discussed mostly in isolation, both in the negotiations as well as in the wider literature. This JIKO Policy Paper sets out to change this by exploring the relationship between Article 6 and the Global Stocktake.
This JIKO Policy Paper explores how Parties using Article 6 can increase their mitigation ambition. Building on a broad definition of ambition raising which puts the intensification of climate change mitigation targets and actions by Parties at its centre, eight different ambition raising options are identified. The analysis shows that these options are associated with different technical, institutional and political challenges, calling for a combination of different ambition raising options.
Global climate
(2017)
On 7-18 November, the twenty-second Conference of the Parties (COP-22) to the United Nations Framework Convention on Climate Change (UNFCCC) and the twelfth Meeting of the Parties to the Kyoto Protocol (CMP-12) took place in Marrakech. Due to the rapid entry into force of the Paris Agreement, Marrakech also hosted the first Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement (CMA-1). Nobody had expected this one year before in Paris - the entry into force of the Kyoto Protocol, by comparison, had taken eight years. Many hailed the rapid entry into force as further proof of the commitment of the world community to finally tackle the climate problem.
This report analyses the international climate negotiations at the UN climate conference in Doha in December 2012. The report is structured along the three main tracks of the negotiations: the agreement on a second commitment period under the Kyoto Protocol, the closure of the Ad-hoc Working Group on Long-Term Cooperative Action under the Convention, and the start of negotiations on a new comprehensive climate agreement that are to be concluded by 2015.
The Clean Development Mechanism (CDM) is in crisis. More and more market participants are leaving the sector. In the light of this development, some argue that governments should step in as buyers of Certified Emission Reductions (CERs). Given the limited volumes of public funding, however, governments will have to prioritise some projects over others. This policy brief therefore analyses national purchase programmes and multilateral carbon funds in order to identify criteria public investors are applying in the selection of the projects they finance. The aim is to identify a vision of a high quality CDM project that be can be made use of when designing a possible support programme.
Using results-based finance for climate action : existing initiatives and the role of the CDM
(2014)
Results-based finance is receiving increasing attention, being considered as a potential key funding mode in climate finance. The Clean Development Mechanism has been cited to potentially contribute to this goal. Against this background, the policy brief outlines the rationale of the concept and analyses six climate change mitigation initiatives that build on the results-based finance approach. The analysis puts a special focus on the role of the CDM.
Global climate
(2014)
In what has become normal procedure at the international climate negotiations, the 2013 United Nations climate conference in Warsaw (the nineteenth Conference of the Parties (COP 19) to the United Nations Framework Convention on Climate Change (UNFCCC) and the ninth Conference of Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP 9)) once again seemed on the brink of collapse and concluded more than one day behind schedule, in the evening of Saturday 23 November 2013. However, on most of the key issues it made only scant progress.
This report lays out the main developments in Warsaw and assesses the main outcomes. It starts with the discussions under the Durban Platform on developing a new comprehensive climate agreement by 2015 and increasing short-term ambition and subsequently covers the issues relating to near-term implementation of previous decisions in the areas of emission reductions and transparency, adaptation, loss and damage, finance and technology.