The Bali Climate Change Conference

Abstract

The Bali Roadmap marks a milestone in the process of international consensus building, setting forth a multilateral legal framework to address climate change. Delegates at the UN Climate Change Conference in Bali (Dec. 3-15 2007) launched a two-year process with a comprehensive agenda and 2009 deadline to complete negotiations for a post-2012 agreement. The building blocks of the Bali Roadmap include: mitigating climate change by cutting emissions; facilitating clean technology transfer; adapting to such consequences of climate change as floods and droughts; and financing adaptation and mitigation measures. Bali delegates additionally fund tropical countries to preserve their rainforests and launched an Adaptation Fund. Multilateral coordination can develop a framework for climate stabilization.

Keywords: United Nations Bali Climate Change Conference, Global Warming, Kyoto Protocol, deforestation, adaptation, Technology Transfer, Energy Law, Environmental Law, International Law

JEL Classification: Q4, C7, D4, D5, D6, D7, D8, D9, F00, H00, I00, K00, K3, L5, O3