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Background, Analysis, & Solutions for UNFCCC COP-19 & Beyond

16 Pages Posted: 18 Oct 2013  

Sonali P. Chitre

Priyamvada Sustainability Consulting LLC

Theresa McCarty

Priyamvada Sustainability Consulting LLC

Date Written: October 16, 2013

Abstract

COP-19 provides a critical opportunity for the global community to come together and move forward to combat climate change. This paper will provide background on climate change and the major issues to be negotiated at COP-19, concluding with recommendations for the negotiators.

Countries must make firm and binding commitments at COP-19. The ADP must set a 2015 deadline to finalize a legal instrument that is binding for all countries, and thus significant progress must be made at COP-19 as far as mitigation ambition. In the spirit of the Kyoto Protocol Article 2’s principle of CBDR, developed countries have a strong obligation to curb global climate change, as far as mitigation and adaptation, by helping to build capacity and transfer technology to developing countries. However, ignoring the impacts of climate change is inexcusable, and developing countries must also undertake sustainable development.

Governments must make strong commitments in the areas of (1) climate finance, (2) loss and damage, (3) adaptation, (4) MRV, (5) mitigation and accounting, and (6) forests / REDD. At COP-19, we recommend that (1) the GCF should be operationalized, (2) developed countries should create an international mechanism for loss and damage, and (3) developing countries should make concessions in the areas of MRV and mitigation and accounting, implementing the principles of transparency and accountability.

With the advent of greater information sharing and many viable new green technologies, it will be easier than ever before to implement solutions to combat climate change while simultaneously creating sustainable win-win solutions in cities and countries. A new business model involves building public private partnerships to enable the utilization of innovative green technologies through creative structured financing and emerging market partners working with developed country counterparts. Thus the public and private sector will work together to build a green economy that is truly sustainable and climate resilient.

Suggested Citation

Chitre, Sonali P. and McCarty, Theresa, Background, Analysis, & Solutions for UNFCCC COP-19 & Beyond (October 16, 2013). Available at SSRN: https://ssrn.com/abstract=2341438 or http://dx.doi.org/10.2139/ssrn.2341438

Sonali P. Chitre (Contact Author)

Priyamvada Sustainability Consulting LLC ( email )

7009 Persimmon Tree Road
Bethesda, MD 20817
United States

Theresa McCarty

Priyamvada Sustainability Consulting LLC

7009 Persimmon Tree Road
Bethesda, MD 20817
United States

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